Tag: Bank of Southern California News

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTCMKTS:FBBN) (the 'Bank') announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

PALM DESERT, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTCMKTS:FBBN / OTC Markets FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.

PALM DESERT, Calif. /California Newswire/ -- Bank of Southern California today announced that seasoned community banker, Mark Gustafson has been appointed to lead the bank's Coachella Valley region. Mr. Gustafson most recently served as Market President for First California Bank which was sold and merged into Pacific Western Bank. He also served as President and CEO of Canyon National Bank, Ogden BancShares, Inc

PALM DESERT, Calif. /California Newswire/ -- Bank of Southern California (FBBN / OTCMKTS:FBBN) today announced that Irwin Golds, long time Coachella Valley banking and business executive has been appointed to the company's board of directors. In December 2010, the bank acquired the La Quinta and Palm Springs branches from Palm Desert National Bank as its entry into the Coachella Valley which the bank sees as a key Southern California market.

PALM DESERT, Calif. /California Newswire/ -- The Bank of Southern California, N.A. announces that former Palm Desert National Bank CEO and Chairman, Kevin McGuire has been appointed to lead the bank's Coachella Valley region. Mr. McGuire currently serves as Special Assistant to the Chancellor at UC Riverside, Palm Desert Campus.

SAN DIEGO, Calif. /California Newswire/ -- Today, after more than two years of leasing their La Quinta office, Bank of Southern California announced that they have acquired the space permanently from the FDIC. At the end of 2010, Bank of Southern California began leasing the space, as well as another location in Palm Springs, when it acquired the two branch offices from Palm Desert National Bank.

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California N.A., a locally owned community business bank, has been recognized as one of the top small business lenders among medium sized banks for the largest number and dollar volume of 7(a) loans in 2012 in the greater San Diego area according to the U.S. Small Business Administration.

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California N.A. has announced that Marie Bruning has joined the bank as Vice President, Client Relationship Manager. She is responsible for business development and client relationship management for the company, and will be headquartered in the company's corporate office in Del Mar.

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California N.A. announced today that Robert Marshall was appointed as Executive Vice President and Chief Credit Officer. In this role, Mr. Marshall will lead the Bank's credit function, overseeing credit risk management, credit approval and credit analysis functions, and ensuring the overall quality of the Bank's lending portfolio is maintained.

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California announced today that Michael Persall, CPA and Investor was appointed to the company's board of directors. Mr. Persall is President of Persall Group and is a practicing certified public accountant with extensive experience in construction, real estate and finance.

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, a locally owned community business bank has been recognized as one of the top small business lenders in the greater San Diego area according to the U.S. Small Business Administration and Multifunding, a financial advisory provider.