Curriculum Vitae and Expert Witness
Qualifications

Pat McElroy, Jr.

Business Address: 4041 W. Wheatland, Suite 156-395
Dallas, Texas 75237
   
Telephone Number: Work (972) 780-7779
Cell (972) 679-6228
Fax (866) 379-1819
   

Educational Background:

 
   

          High School:

Waxahachie High School – Grad. 1970

          College:

Texas Christian University – Grad. 1974, BBA

          Specialized Training:


1975: Federal Reserve School for Assistant Examiners,
          Washington, D. C.
1977: Federal Reserve School for Examiners,
          Washington, D. C.
American Institute of Banking - various courses and
          seminars
Various Banking Industry Trade Groups - various
          courses and seminars
Bank Administration Institute – various courses,
          conferences and seminars
Trade Associations: Independent Bankers Association of Texas, Associ-
          ate Member since approx. 1992

Member of IBAT Regulatory Liaison Committee

   
Books, papers, articles, etc.:

Loan Review - Establishing a Cost-Effective
Program in a Small Bank; Bankers Digest, February
18, 1991.

Regulators - Prevalent Examination Issues
          (four part series); Bankers Digest,
          March 11, 1991, March 18, 1991,
          March 25, 1991, April 1, 1991.

Issues That Cause Problems for Bankers;
          Bankers Digest, June 24, 1991.

Exams: Lessening the Severity of an
          Administrative Agreement, An
          Achievable Objective; Bankers
          Digest, August 19, 1991.

Living With Administrative Agreements;
          Bankers Digest, June 29, 1992.

Regulators - Fair Lending Exams; Bankers
          Digest, October 11, 1993.

Regulators - New Loan Loss Reserve
          Analysis Guidelines; Bankers Digest,
          June 24, 1994.

Regulations - New Safety and Soundness
          Standards; Bankers Digest,
          November 6, 1995.

Compliance Changes Easy to Let Slip
          Through the Cracks; Wisconsin
          Banker, Hoosier Banker, Arkansas
          Banker, 2003.

BSA/AML: The Need for Automation;
          Hoosier Banker, Connecticut
          Banking Magazine, The Arkansas Banker,
          Banking Matters (Oregon),
          2006.

BSA Gets Tougher on Community Banks; IBAT
          Magazine, The Arkansas Community
          Banker, Hoosier Banker, Bankers Digest,
          Georgia Bankers Website, Arkansas Banker,
          Tennessee Banker, Wyoming Banker, The
          Ohio Record, 2006

BSA/AML: The Shift in Examiner Focus; The
          Kansas Banker, April/May 2006

Real Estate Lending Policy; booklet published by
          BAI Foundation, Chicago, Illinois, June
          1993.

Problem Commercial Real Estate Loan Seminar;
          seminar for OCC national bank examiners,
          1999.

   
Jobs in past 15 years: President, Biltmore Management Group,
          Dallas, Texas; 1989 – February 2003;
          CEO of consulting firm

Sheshunoff Management Services, L.P.,
          Austin, Texas; February 2003 to De-
          cember 2006; McElroy sold his
          consulting firm to SMS in 2003 and
          worked for SMS in several different
          capacities including Managing Director
          of Risk Management

President, McElroy Consulting and Litiga-
          tion Services, Dallas, Texas, March
          2004 to present

   
Other relevant experience: Bank Examiner, Federal Reserve Bank of Dallas,
          1974-1977
Commercial and Real Estate Loan Officer
          1977-1989
Speaker: Bank Administration Institute, American
          Bankers Association, American
          Institute of Banking, Independent Bankers
          Association of Texas, Texas Bankers
          Association, Georgia Community Bankers
          Association, Texas A&M University at
          Commerce, ASM CEO Affiliation Program,
          ASM SLO Affiliation Program,
          TSCBA/IBAT Legal Conference,
          Southwestern Graduate School of
          Banking/IBAT Bank Operations Institute,
          Executive Banking Institute
Contractor for Office of the Comptroller of the
          Currency
Contractor for the Federal Home Loan Bank of
          Dallas