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Board of Directors

Board of Directors

Board of Directors

Patrick M. Ryan
Chairman of the Board
Mr. Ryan is the owner of North Buffalo Advisors, LLC and P. Ryan Consulting, LLC, both financial and real estate investment advisory companies. He was the President and CEO of Yardville National Bank and its holding company from 1991 through its sale to PNC Corporation in 2007. Mr. Ryan has over 40 years of banking experience working for Yardville National Bank, Howard Savings Bank, Marine Midland Bank, Manufacturers Hanover and M&T Bank. Mr. Ryan joined the Board in 2011. Mr. Ryan is the father of Patrick L. Ryan, the Bank’s President and CEO.
Leslie E. Goodman
Vice Chairman and Lead Independent Director
Mr. Goodman is a Principal in The Eagle Group of Princeton, Inc., a commercial real estate investment and management company. Mr. Goodman has been involved in banking since 1966, having served in a variety of senior management roles with regional and super-regional banks through the late 1990s. He also served as an investor in and board member of a number of community banks since 2000. Mr. Goodman joined the Board in 2008. Mr. Goodman’s substantial banking experience as an officer and a director qualify him to serve on the Bank’s Board of Directors.
Patrick L. Ryan
President and Chief Executive Officer
Mr. Ryan started his financial services career with Goldman Sachs followed by Medsite, Inc., an internet healthcare and technology company, and Bain Consulting, a management consulting firm. Mr. Ryan joined Yardville National Bank in 2005 as head of Strategic Planning and Corporate Development, responsible for strategy, mergers and acquisitions, branch expansion, investor relations, research and analysis. He became First Senior Vice President, Emerging Markets Manager with responsibility for building and managing operations in Middlesex County, New Jersey. He remained with Yardville National Bank until it was sold to PNC Corporation in 2007. He then worked with the investor group that recapitalized the Bank. Mr. Ryan joined the Board in 2008, and initially served as Chief Operating Officer. He became President and Chief Executive Officer in 2013. Mr. Ryan is the son of Patrick M. Ryan, Chairman of the Board.
Elbert G. Basolis Jr.
Mr. Basolis is President and owner of Garrison Enterprises, Inc., a premier utility contractor in the Northeast corridor. He is responsible for the overall operations and management of the company, including new job and subcontractor contract review and negotiations, healthcare providers, bonding, and banking relationships plus bid reviews and overall accounting. Mr. Basolis previously served on the Board of Directors of Yardville National Bank until 2007. Mr. Basolis joined the First Bank Board of Directors in 2008.
Douglas C. Borden
Mr. Borden has been responsible for the management and sales of commercial and personal insurance with Borden Perlman Insurance Agency since 1995. He was previously with W.S. Borden Company from 1983 until the formation of Borden Perlman Insurance Agency in 1995. He served on the Board of the Rescue Mission of Trenton for 33 years. Mr. Borden previously served as a trustee on the Board of Hopewell Valley Community Bank and then the Advisory Board of Northfield Bank. He is currently working to become a FinPro certified bank director.
Christopher B. Chandor
Mr. Chandor is the Chief Executive Officer of Penn’s Grant Corporation, a well-established real estate firm headquartered in Doylestown, Bucks County, PA, involved in the acquisition, development and management of commercial real estate. Mr. Chandor is also a practicing real estate attorney and broker. He previously served as Vice Chairman of the Board of Directors of Bucks County Bank before being acquired by First Bank in 2017. Mr. Chandor has extensive involvement in the non-profit sector. He is a long time member of the Board of Directors (immediate past Chair) of Heritage Conservancy which is based in Doylestown, Pennsylvania.
Patricia A. Costante
Ms. Costante serves as Chairman and Chief Executive Officer of MDAdvantage Insurance Company. Ms. Costante led the formation of MDAdvantage during a time when the medical professional liability insurance market in New Jersey was considered in crisis by state policymakers. Since then, the company has grown to be a leading provider of medical professional liability insurance. Ms. Costante’s professional career has been spent primarily within the healthcare sector, and she has held numerous executive positions in the medical professional liability insurance field prior to the formation of MDAdvantage.
Deborah Paige Hanson
Ms. Hanson is a Principal, Executive Vice President and Fund Manager of The Hampshire Companies, a real estate operating company offering a diversified investment platform. Ms. Hanson has been with The Hampshire Companies since 1983 and focuses on the oversight and coordination of its acquisitions, dispositions, leasing, financing and development within the Legacy Portfolio. She previously served on the Advisory Board of First Bank and currently serves on the Advisory Board of Morristown Memorial Center, is a member of the Board of Governors of the School of Business of the College of Charleston and Board Member of NJ-NAIOP, a statewide commercial real estate trade organization. Ms. Hanson graduated Magna Cum Laude and holds a B.A. degree from Hope College.
Gary S. Hofing
Mr. Hofing is a Principal of The Eagle Group of Princeton, Inc., a commercial real estate development and property management company. For the past 20 years he has been involved in all facets of the business, including property acquisition and development, leasing, financing, and overall asset management. He holds an M.B.A. from Rider University and a B.B.A. from Hofstra University.
Glenn M. Josephs
Mr. Josephs is a Certified Public Accountant and partner in the accounting firm Friedman, LLP. Mr. Josephs has over 41 years of experience providing accounting and consulting services. Mr. Josephs works closely with many commercial and residential real estate developers, owners, investors, syndicators and management companies, including those involved in affordable housing. He also has experience with nonprofit organizations, and healthcare and medical practices. Mr. Josephs joined the Board in 2008.
Michael E. Salz
Mr. Salz was the owner of Linden Bulk Transportation Co, which was acquired in 2016 and he continues his leadership position as President of the company now operating under the name of Linden Bulk Transportation, LLC. Mr. Salz has over twenty-five years’ experience in the trucking industry and currently holds positions with the National Tank Truck Carriers’ Association (Director; Vice Chairman, Advocacy Committee; Member, Chemical Committee) and Linden Industrial Association. Mr. Salz also has an ownership interest in Linden Warehouse and Distribution Co., Inc., a NJ based public warehouse company, and serves on their board of directors. He earned his BA in Urban Studies specializing in Government and Politics from the University of Maryland. Mr. Salz also owns several investment properties including a hotel business.
John E. Strydesky
Mr. Strydesky is a Certified Public Accountant with over 45 years’ experience in public accounting of which over 30 years has been spent in his own public accounting practice located in Linden, New Jersey. His firm specializes in finance and business consulting. He has secured debt financing and tax-exempt bond financing for his clients through banks, the New Jersey Economic Development Authority, the U.S. Small Business Administration and other financial lending institutions. Mr. Strydesky holds an M.B.A. from Farleigh Dickenson University. He has served as a Trustee for the NJ Society of Certified Accountants and other various professional organizations. Mr. Strydesky is also a real estate investor in commercial and residential properties. Mr. Strydesky joined the First Bank Board in 2010.