1st Pacific Bank of California Introduces New Senior Vice President and Regional Manager.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- As senior vice president and regional manager of 1st Pacific Bank of California's (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) ) Oceanside branch, Hart Semrau will enhance the bank's strong relationship culture. Semrau complements a staff of seasoned bankers who uncover value and opportunity within clients' businesses. With Semrau's leadership, 1st Pacific Bank of California's Oceanside branch will continue to foster an environment of quick decisions, out-of-the-box thinking Noun 1. out-of-the-box thinking - thinking that moves away in diverging directions so as to involve a variety of aspects and which sometimes lead to novel ideas and solutions; associated with creativity divergent thinking and superior customer service. With more than 20 years of commercial business banking experience, Semrau will sustain the long-term business and personal relationships that bring value to the bank's customers, shareholders and local economy. Prior to arriving at 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. , Semrau served as regional manager of First Centennial Bank of Escondido, where he was responsible for the bank's commercial portfolio of $50 million in business loans and a staff of four business bankers. He has served as vice president of several other banks in Wisconsin and California. Semrau graduated from the University of Wisconsin with a bachelor of arts degree in history and California State University Enrollment  Sacramento with a master's degree in finance and marketing. 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 Nov. 17, 2000, after raising $11.5 million in an initial public offering. 1st Pacific Bank has steadily grown its assets to more than $195 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 BusinessWire, 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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