1st Pacific Bank of California Celebrates Fourth Anniversary, Surpasses $200 Million Milestone.SAN DIEGO -- 1st Pacific Bank of California The Bank of California was founded in San Francisco, California on July 5, 1864 by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West. (1st Pacific Bank) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FPBS FPBS Florida Public Broadcasting Service FPBS Federação Portuguesa de Basebol e Softbol FPBS Florida Property and Business Solutions, LLC (Cocoa Beach, FL and West Sussex, UK) ) announces, for the month ended Nov. 30, it has surpassed $200 million in assets. "Our employees are our greatest asset, and they deserve all the credit. They've turned November into a month of achievement for the bank," said A. Vincent Siciliano Si`ci`li`a´no n. 1. A Sicilian dance, resembling the pastorale, set to a rather slow and graceful melody in 12-8 or 6-8 measure; also, the music to the dance. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 1st Pacific Bank. "Nov. 17 marked our fourth anniversary and, on the heels of that celebration, we have exceeded $200 million in assets. During November, we also announced a new corporate office location and the bank's planned fourth branch." Siciliano added he believes the bank's continued success has been fueled by its focus on people and the relationships it creates with clients. "We take pride in creating a great business bank that produces significant results for our clients," said Siciliano. About 1st Pacific Bank of California 1st Pacific Bank is a San Diego-based, locally owned and operated financial institution. The bank offers a full complement of business, personal and online banking products and services. Offices are located on Regents Road in the Golden Triangle area of La Jolla, in the Tri-Cities area of Oceanside on College Boulevard and in Mission Valley on Rio San Diego Drive. The bank opened November 17, 2000, after raising $11.5 million in an initial public offering. 1st Pacific Bank has steadily grown its assets to more than $200 million. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Certain statements in this press release, including statements regarding the anticipated development and expansion of the Company's business, and the intent, belief or current expectations of the Company, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. PLEASE NOTE: This press release is distributed via Business Wire, with direct distribution to local San Diego news media, including newspapers, other local, weekly and monthly publications, and television and radio broadcast news departments. It is concurrently distributed to national investor newswire and financial information reporting services. |
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