Ken Lehman

Director at Partners Bancorp (Nasdaq: PTRS), Heritage Southeast Bancorp (Ticker: HSBI), Marine Bancorp of Florida (Ticker: MBOF) and BankFLORIDA

Ken Lehman, identified by his LinkedIn username ken-lehman-1b37b110, is a prominent figure in the banking and financial sector, particularly known for his work in community bank development and investment.

Background

Ken Lehman graduated from Temple University and later obtained a graduate degree from the University of California, Berkeley.4

Professional Experience

He began his career as an attorney with the Securities and Exchange Commission (SEC) from 1988 to 1992.1 2 4
In 1993, he co-founded the law firm Luse Lehman Gorman Pomerenk & Schick, where he spent 10 years building a national banking M&A practice. This practice continues today under the name Luse Gorman.1 2 4

Transition to Banking Investment

In 2002, Lehman retired from Luse Lehman to focus full-time on investing in and developing community banks. He is the founder of BankVC, through which he has been involved in community bank development since 2002.1 2

Investment Strategy

Ken Lehman is known for purchasing controlling interests (typically 40% or more) in community banks. As of recent updates, federal bank regulators have issued non-objections to his acquisition of controlling interests in over 20 banking institutions.1 2
He currently holds controlling interests in several banks across states such as Georgia, Virginia, Florida, and Pennsylvania, with combined assets exceeding $3.3 billion.1 2

Director Roles

Lehman serves as a director on the boards of several banking institutions, including:
- LinkBancorp, Inc. (Nasdaq: LNKB)
- Marine Bancorp of Florida (Ticker: MBOF) and Marine Bank & Trust Company
- BankFLORIDA Bancorp (Ticker: BKFL)
- Locality Bank
- Virginia Partners Bank
- And several others in the past, such as Heritage Southeast Bancorp, Village Bank & Trust Financial Corp., and Tower Bancorp.2 4 5

Investment Philosophy

Ken Lehman invests exclusively for his own account and is not regulated as an investment advisor, investment company, or bank holding company. He emphasizes the importance of community banks' responsibilities to their communities, employees, and owners.2 3

Overall, Ken Lehman is a significant player in the community banking sector, known for his extensive legal background, his role in founding and investing in numerous community banks, and his active involvement in the governance of several banking institutions.