Officers & Directors

Officers & Directors

Board of Directors

Michael F. Petrie
Michael F. Petrie
Chairman
Michael F. Petrie Michael Petrie has served as a Director of the company and Chairman and CEO since 2002. He also has served as the President of PR Mortgage & Investments since co-founding the company in 1990.

Mr. Petrie is active in the industry and in the community, as evidenced by his affiliations listed as follows: Merchants Affordable Housing Corp., President and Director (1986 - present); Indiana Affordable Housing Council, Board of Directors (2016 - present); The Children’s Museum of Indianapolis (2015 - present); Multifamily Lenders Council (President); Community Investment Fund of Indiana, Board of Directors (2013 – present); Mortgage Bankers Association, Washington D.C., Chairman ( 2004 - 2005); Chairman - Elect, (2003 – 2004); Vice Chairman ( 2002 – 2003); Board of Directors (1999-2006, 2008 – 2009); Indiana Association of Community and Economic Development, Board of Directors (2013 – 2016); FHLBI Board of Directors ( 2007 – 2008); MERS Board of Directors (2006 – 2010).

Mr. Petrie is a graduate of Indiana University with both a BS and MBA in Finance. Mr. Petrie was awarded the "Sagamore of the Wabash" in 2004 and MBA’s Burton C. Wood Legislative Service Award in 2000.
Michael J. Dunlap
Michael J. Dunlap
Michael J. Dunlap Michael (Mike) Dunlap joined Merchants Bank as Senior Vice President of Mortgage Banking in 2009. Mike became a member of the Board of Directors in 2014. He was primarily responsible for establishing the warehouse lending platform and Merchants Mortgage. He has over 25 years of mortgage banking experience. Prior to joining the Bank, he served as the Chief Financial Officer of National City Mortgage, now a part of PNC. Mike held similar finance positions at Bank One, now JPMorgan Chase and Waterfield Mortgage. He started his career as a Certified Public Accountant with KPMG after graduating with a Bachelor of Science degree from Indiana University Kelley School of Business.
Scott A. Evans
Scott A. Evans
Scott A. Evans Scott Evans joined Merchants Bank of Indiana in 2004 as President and Chief Operating Officer and currently serves as President and Co-Chief Operating Officer. Prior to joining the bank, he spent the majority of his career working for small to mid-sized community banks serving in various senior management capacities. Scott is also involved in several agricultural related and local community organizations and operates a grain and livestock farm in southern Darke County, OH.
Sue Anne Gilroy
Sue Anne Gilroy
Sue Anne Gilroy Sue Anne Gilroy has been a Director of the Company since June, 2017 and also serves as a director of the Bank. She has served as St.Vincent Hospital’s Vice President of Development and Executive Director of the St.Vincent Foundation since 2005. Under her leadership, the St.Vincent Foundation has raised over $50M to support hospital projects and programs.

Sue Anne’s distinguished background includes her service as Indiana’s first female Secretary of State from 1994 to 2003. During her tenure with Indiana government, she brought corporate, securities and election reform to the State. Her career in government service began in 1970 with Mayor Richard G. Lugar. She became the first female UniGov Director, as Director of Indianapolis Parks and Recreation from 1974-76. She returned to public service as Senator Richard G. Lugar’s Indiana State Director from 1990- 1993. She served as Mayor-elect Stephen Goldsmith Transition Chair in 1992.Most recently, she served on Governor Mitch Daniels’ Blue Ribbon Commission on Local Government Reform, which issued in December, 2007, its 26 recommendations to reform and restructure local government.

Sue Anne serves on the Boards of the University of Indianapolis, Oasis and University High School. She serves on the Advisory Boards of the Richard G. Lugar Center for Tomorrow’s Leaders at University of Indianapolis and True Brothers Initiative of Lambda Chi Alpha Fraternity. She is an elder and trustee of the Endowment Fund Board of Tabernacle Presbyterian Church. She was the 2010 chair of the Go! Red! American Heart Association luncheon.

Her awards include: Sagamore of the Wabash, Girls Inc. Touchstone Honoree, IBJ Woman of Influence and SPEA Distinguished Alumnus, Guardian of Small Business, and Speaking of Woman’s Health Honoree.

Sue Anne graduated Cum Laude from DePauw University with a Bachelor’s Degree in Speech and Secondary Education and holds a Master’s Degree in Public Administration from Indiana University at Indianapolis.
Patrick D. O'Brien
Patrick D. O'Brien
Patrick D. O'Brien Mr. O’Brien has been a Director of the Company since November, 2013 and also serves as a director of the Bank. Mr. O’Brien is the current President of O’Brien Toyota Scion, a Toyota dealership serving Indianapolis, and has served as its president since 1990. He also is president of O’Brien Properties and co-owner and managing member of Pinheads, a family entertainment center in Fishers, Indiana. Mr. O’Brien previously served as chairman of Toyota’s Regional Dealer Council, which serves a four state area including Indiana. He also served as past chairman of the Chicago Region Toyota Dealer Advertising Association and past President of the Indiana Auto Dealers Association of Indiana.
John W. Perry
John W. Perry
Lead Director
John W. Perry Mr. Perry has been a Director of the Company since 2011 and also serves as a director of the Bank. Since 2005 Mr. Perry also has served as the Senior Vice President and Trust Officer of Terre Haute Savings Bank. From 2001-2004 Mr. Perry served as the First Vice President, Trust Officer, and Head of the Trust Department, Private Banking, Document Custody and Union Investment Services for Union Federal Bank of Indianapolis. From 1974 to 2000 Mr. Perry served in various capacities for Terre Haute First National Bank (now known as First Financial Bank, National Association) (Senior Vice President, Cashier, Trust Officer, CFO, Manager Bank Investment Portfolio, Private Banker, Treasury Management, Fringe Benefits Programs, Trust Committees, Board Secretary) and its parent bank holding company, First Financial Corporation (THFF) (1983-1990 Treasurer; 1990-2000 Secretary; and responsible for Regulatory Compliance and Reporting to SEC and Federal Reserve, Stock Transfer Agent activities, and coordination of Merger and Acquisition Activities). Mr. Perry has also served on the Accounting Committee (1988-1992) of the American Bankers Association, and met with and testified at the Financial Accounting Standards Board (FASB). Mr. Perry is currently the Chairman of the Congregation Finance Committee for Sisters of Providence.
Randall D. Rogers
Randall D. Rogers
Vice Chairman
Randall D. Rogers Randall (Randy) Rogers has served as a director of the Company and the Vice Chairman of the Bank since 2002. He also has served as the Chairman of PR Mortgage & Investments since co-founding the company in 1990.

Mr. Rogers co-founded PR Mortgage & Investments in 1990 after serving 21 years with Merchants National Corporation as Executive Vice President of the Real Estate Lending Group. The group was responsible for the origination and management of development, construction and permanent real estate loans both for portfolio and as an intermediary mortgage banking subsidiary.

A 1968 graduate of the University of North Carolina, Chapel Hill, Mr. Rogers also graduated in 1979 from the Stonier Graduate School of Banking, Rutgers University. In 1985 Mr. Rogers earned the Certified Mortgage Banker (CMB) designation from the Mortgage Bankers Association of America.

Mr. Rogers has served on several professional and civic organization boards including, the Fannie Mae Regional Advisory Board, Westside Community Development Corporation, both the Indianapolis and Indiana Mortgage Bankers Associations, The Health & Hospital Corporation of Marion County, the Eskenazi Health Foundation, the Indianapolis Zoological Society, Indianapolis YWCA, the 1987 Pan American Games, the Greater Indianapolis Progress Committee and SKL Society. He also served as the President of the Indiana Mortgage Bankers Association, Chairman of the Marion County Health and Hospital Corporation, and Chairman of the Eskenazi Health Foundation.
Anne E. Sellers
Anne E. Sellers
Anne E. Sellers Anne Sellers has been a Director of the Company since June, 2017 and also serves as a director of the Bank. She is Managing Principal and majority owner of Sensory Technologies LLC, an Indianapolis-based technology company with 130 employees. She grew up the oldest of seven children, the daughter of a lawyer and a homemaker in Lebanon, Indiana and graduated from DePauw University in 1983 with a BA in economics. While her professional experience includes accounting positions with several firms including Ernst and Young’s tax staff, her interest has been in the entrepreneurial arena as she has created and managed several companies, served on several industry boards, and given time to charitable organizations focusing on patterns of success and failure with each organization.
David N. Shane
David N. Shane
David N. Shane Mr. Shane has been a Director of the Company since November, 2013 and also serves as a director of the Bank. Mr. Shane is a retired member of the Board of Managers of LDI Ltd., LLC and served as its President and Chief Executive Officer from 2007-2012 and as its Vice-President and Executive Vice-President from 1997-2006. Mr. Shane also was a partner at Baker & Daniels (an Indianapolis-based law firm) from 1981-1995. Mr. Shane is actively involved in the community, including the following organizations: Mitch Daniels Leadership Foundation (Board of Directors); Wabash College (Board of Trustees, Executive Committee Chair); The Mind Trust (Board of Directors); Ascend Indiana, Inc. (Board of Advisors); Central Indiana Works Council (Board, Chair 2014-16); Indianapolis Chamber of Commerce (Education and Workforce Council); Central Indiana Corporate Partnership (emeritus member of the Board of Directors); and Economic Club of Indiana (emeritus member of the Board of Governors).

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