Market Overview

Baker Hill Expands Client Base Since Launch of Baker Hill NextGen®, Moves to New Office to Support Company's Future Technology Developments


With more than 20,000 bankers leveraging the company's loan
origination technology, Baker Hill's client roster currently manages
$1.3 trillion in commercial loan opportunities

, a leading provider of technology solutions for common loan
origination, relationship management, business intelligence and
decisioning tools, has grown its new logo clients by double digits since
the launch of Baker Hill NextGen®, the company's expert solution for
lending, risk management and analytics. Additionally, Baker Hill remains
dedicated to delivering best in class solutions and has recently moved
to a new office building for a workspace that is conducive to the
development of leading-edge technology.

Baker Hill's new clients include many highly-innovative financial
institutions across the U.S., including –Hampton, Virginia-based Old
Point National Bank
, Southern Pines, North Carolina-based First
and Old Hickory, Tennessee-based Old
Hickory Credit Union
, among others. As a result of its recent
growth, more than 20,000 bankers now trust Baker Hill's loan origination
solutions to address their small business, consumer and indirect lending
needs. On the commercial side, the company's expansive client roster
currently manages $1.3 trillion in commercial loan opportunities, while
Baker Hill runs over 15.6 million rules daily to monitor the financial
strength of its clients' commercial loan portfolios. Baker Hill also
maintains the CRM and tracks all associated products for more than 37
million commercial lending customers. For small business lending, almost
$153 billion in small business loan applications have been submitted
using Baker Hill's technology.

Baker Hill's mission is to provide innovative technology and services
that drive their clients' success and profitability and this rapid
growth highlights the value that Baker Hill provides financial
institutions. The company has demonstrated a renewed commitment toward
this mission with the 2017 launch and recently completed development of
Baker Hill NextGen®, which supports the origination of commercial, small
business and consumer loans, risk management and the execution of
data-driven marketing strategies all on a single platform. The company's
expanding client base illustrates the growing demand for cutting-edge
technology like Baker Hill NextGen®.

Niles Bay, COO and CTO of Baker Hill, played a vital role in the design
of Baker Hill NextGen®, guiding his team and creating the framework for
the development of the comprehensive, cloud-based banking platform. By
leading the development of Baker Hill NextGen®, Bay has positioned Baker
Hill for long-term success by enhancing the value that the company
delivers to the industry. This significant accomplishment has resulted
in his nomination for Indianapolis Business Journal's CTO of the
Year Award for which he is in the running as a top 12 honoree.

"The Baker Hill team is constantly striving to support our staff and
help us generate efficiencies at all levels to ensure our success and
continued growth," said Les Robbins, President, Chief Lending Officer
and Chief Operating Officer of West Texas State Bank. "Baker
Hill's longstanding reputation as an industry expert combined with the
company's goal of leading innovation within the financial space led to
our decision to partner with them. By leveraging the company's latest
lending technology, we expect to grow our consumer and commercial loan
portfolios more efficiently while our team can direct their focus on our
top priority, which is better serving our valued customers."

"Baker Hill remains committed to providing our clients with the latest
technology so they can more easily address regulatory and competitive
pressures while ensuring a positive experience for their own customers,"
said John M. Deignan, President and CEO of Baker Hill. "Our continuous
product innovation and development is driven by Baker Hill's passion for
excellence, our energized employees and world-class client experience.
We look forward to providing our clients with the tools they need to
succeed in 2018 and beyond."

About Baker Hill

Baker Hill empowers financial institutions to work smarter and drive
more profitable relationships. The company delivers a single unified
platform with solutions that streamline origination and portfolio
management for business, consumer direct and indirect lending. The Baker
Hill NextGen® platform also delivers sophisticated business
intelligence and revenue enhancement solutions that support sound
business decisions to mitigate risk and generate growth. Baker Hill is
the #1 provider of member business lending services, serving 500
financial institutions, including more than 20% of the top 150 U.S.
banks and 20% of the top 25 U.S. credit unions. For more information,

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