Business, Fine Art and Artists, Free News Articles, NonProfit and Charities

Bank of Southern California NA Extends Loan Facility to NTC Foundation

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCA), a community business bank headquartered in San Diego, Calif., announced today that it has extended a loan facility to the NTC Foundation, a San Diego-based non-profit organization focused on creating a destination for arts and culture at the former Naval Training Center in San Diego. The new loan facility provided funds for the rehabilitation and refinancing of commercial real estate located in ARTS DISTRICT Liberty Station.

Over a decade ago, the NTC Foundation created an unprecedented opportunity for the San Diego community by introducing ARTS DISTRICT Liberty Station. The historical district for arts, culture and creativity serves as a dynamic hub for both nonprofits and artists, showcasing the hallmarks of the San Diego region and helping fuel the local economy.

"It was important for us to work with a bank that understands our goals and supports our mission to enrich the lives of San Diegans through arts and culture," said Christopher Kiefer, Chief Financial Officer of NTC Foundation.

"We appreciate our relationship with Bank of Southern California. Our tenant mix of community serving and arts related non-profit organizations mixed with visual artists, museums, galleries and creative retail is different than what is found in most real estate projects. Bank of Southern California was able to quickly understand the nuances of our specific business mission and offered a banking package that exceeded the criteria set up by our Finance Committee. We greatly value their support and guidance," added Kiefer.

"Bank of Southern California has been serving the San Diego community for over 18 years and continues its strong commitment to businesses and organizations focused on contributing to the local economy, enriching our community, and preserving the city's culture and history," said Marie Crivello, Senior Managing Director at Bank of Southern California.

"We are excited to support the NTC Foundation in their continued efforts to create a special place that was once a shuttered Naval base," Crivello concluded.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates ten branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in West Los Angeles and Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

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Bank of Southern California NA Appoints Ashley Lopez as Branch Managing Director

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Ashley Lopez as Branch Managing Director for the company's Carlsbad office. She will be responsible for expanding Bank of Southern California's market presence by actively seeking new business banking relationships with a focus on San Diego's North County communities.

Mrs. Lopez has nearly ten years of industry experience encompassing sales, operations and cash management. Most recently, she served as Regional Relationship Banking Officer for Silvergate Bank covering Los Angeles, Orange County and San Diego Counties. She holds a bachelor's degree from California State University Channel Islands.

"Ashley is a seasoned banker with deep local roots and a passion for serving San Diego's business community," said Gaylin Anderson, Executive Vice President, Chief Banking Officer. "We are excited to welcome Ashley to the team and are confident that she will help us strengthen our position in the market."

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates ten branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in Orange County and West Los Angeles.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

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Bank of Southern California NA Continues to Expand Its Business Development Team in Greater Los Angeles Area

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce the expansion of its business development team in the Los Angeles market with the hiring of two seasoned banking professionals to support the company's continued growth and expansion in the Southern California region.

Mirna Batarseh - Senior Managing Director, Deposit Origination:

Mrs. Batarseh has joined Bank of Southern California as Senior Managing Director, Deposit Origination, bringing more than 25 years of exceptional banking experience. In her role, she will be responsible for expanding the Bank's client base by providing deposit solutions, commercial lending opportunities, and treasury management needs for small to mid-sized businesses. Most recently, she served as Vice President, Senior Relationship Manager at Banc of California in Los Angeles.

Jessica Batarseh - Senior Managing Director, Business Banking:

Ms. Batarseh joins the company as Senior Managing Director, Business Banking, bringing over 7 years of experience with proven success in business banking and relationship management. She is responsible for expanding existing client relationships and originating new business lending and deposit opportunities. She offers a wealth of experience and knowledge in commercial lending, business development strategies, and portfolio management.

Prior to joining Bank of Southern California, Ms. Batarseh served as Vice President, Business Banking Relationship Manager II at Banc of California. She graduated with a Bachelor of Science in Management from the California State University, Northridge School of Business and Economics.

"We are pleased to welcome both Mirna and Jessica to our growing Business Development team. Both of these banking professionals have extensive experience with a track record of success, and reputations for providing high level customer service," said Gaylin Anderson, Executive Vice President and Chief Banking Officer.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates eleven branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in West Los Angeles and Orange County.

For more information, please visit https://www.banksocal.com or call (858) 847-4780.

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Bank of Southern California Announces Fourth Quarter and Year End 2018 Financial Results

SAN DIEGO, Calif. -- SAN DIEGO, Calif., Feb. 11, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $2.0 million for the fourth quarter of 2018, compared to $875 thousand in the third quarter of 2018 and $1.1 million for the fourth quarter of 2017. For the year ended December 31, 2018, net income was $5.3 million compared to $4.0 million for the year ended December 31, 2017. Results are net of non-recurring expenses of $0.5 million in the fourth quarter of 2018 and $2.1 million for year ended December 31, 2018; these non-recurring expenses are related to the acquisition of Americas United Bank (AUB) in July 2018, and costs associated with consolidating a branch office in December 2018.

Nathan Rogge, President and CEO, commented: "2018 was a record year for Bank of Southern California. In addition to reporting record growth and earnings, we successfully expanded our footprint into the Los Angeles market, continued to grow our client-base, added experienced banking professionals to our team, and completed an over-subscribed capital offering. We also received several distinctions and honors for our strong leadership, commitment to the business community, and dedication to our employees."

Total assets at December 31, 2018, were $768 million, up 60% from $479 million at December 31, 2017. Total loans increased to $635 million at December 31, 2018, compared to $607 million at September 30, 2018 and $399 million at December 31, 2017, an increase of $235 million year over year. Total deposits were $628 million at December 31, 2018, down from $632 million at September 30, 2018, but up $220 million or 54% from $407 million at December 30, 2017. The increase in total assets, loans and deposits is largely attributable to the acquisition of AUB, which added approximately $190 million in loans and $203 million in deposits on July 31, 2018.

Commenting on his prospects for 2019, Nathan Rogge said, "As we start the new year, we are keenly focused on continuing to position Bank of Southern California as a new banking option in the Los Angeles and Orange County markets, achieving our growth and revenue targets, and continue to develop best-in-class employees. We have already made progress on executing several key initiatives related to growing our presence in Southern California, implementing strategies to support our customer experience, and enhancing our employee training and engagement programs.

"The bank continues to be well-capitalized and is well-positioned for further growth and expansion as we move forward to becoming Southern California's Premier Community Business Bank," concluded Rogge.

Additional Financial Highlights
* Net interest income for the quarter ended December 31, 2018, increased 19% to $8.0 million, from $6.7 million in the prior quarter, resulting from a 10% increase in average earning assets, an improved asset mix reflected in the increase in the average loan to deposit ratio during the quarter from 95% to 100%, and an increase in fair value accretion compared to the prior quarter of $297 thousand. Net interest margin of 4.59% includes 22 basis points of fair valuation accretion, an increase from 6 basis points in the prior quarter. This increase in fair value accretion was partially due to full implementation of "Day 2" fair value accounting and partially due to faster than expected loan payoffs in the purchased portfolio. Fair value accretion on a normalized basis is expected 12 to 15 basis points of net interest margin.
* In addition to approximately $149 thousand in merger related expenses incurred during the fourth quarter of 2018, the Bank consolidated its branch office in Palm Desert and accrued $348 thousand in remaining lease costs during the fourth quarter of 2018.
* Nonperforming assets were 0.45% of total assets at December 31, 2018, compared to 0.51% in the prior quarter. The allowance for loan losses (ALLL) was 0.69% of total loans at December 31, 2018, up from 0.65% in the prior quarter; however, when including $2.6 million in loan fair value credit marks (LFVCM), the ALLL and LFVCM represent 1.10% of total loans, up from 0.97% at December 31, 2017.
* The Bank continues to be "well-capitalized". After raising $26 million in capital earlier in 2018 and completing the merger July 31, 2018, the Bank reported total risk-based capital of 14.4% as of December 31, 2018, up from 13.5% at December 31, 2017.

[Quarterly Financial Highlights Table Follows]

For more details about our quarterly results, please visit the "About Us" / "Financials" page of our website and follow the link labeled:

Quarterly Results and Trends

About Bank of Southern California
A growing community bank established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products and services to individuals, professionals, and small-to-mid sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates ten branches in San Diego County, Los Angeles County, and the Coachella Valley in Riverside County, and production offices in Orange County and West Los Angeles. For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Forward-Looking Statements

This news release may contain comments or information that constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) and Bank of Southern California intends for such forward-looking statements to be covered by the safe harbor provisions of that Act.

Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict. Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the ability of the Bank to successfully execute its business plan; changes in interest rates and interest rate relationships; changes in demand for products and services; the degree of competition by traditional and non-traditional competitors; changes in banking legislation or regulation; changes in tax laws; changes in prices, levies and assessments; the impact of technological advances; the outcomes of contingencies; trends in customer behavior as well as their ability to repay loans; and changes in the national and local economy.

Bank of Southern California undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: Tony DiVita
Bank of Southern California
(858) 847-4783
tdivita@banksocal.com


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Bank of Southern California

Quarterly Financial Highlights
(Unaudited)
QuarterlyAnnual
($$ in thousands except per share data)2018 2018 2018 2018 2017
4th Qtr3rd Qtr2nd Qtr1st Qtr4th Qtr2018 2017
EARNINGS
 Net interest income$8,0316,7365,2824,8514,71124,90017,752
 Provision for loan losses$45045040030001,600271
 NonInterest income$5265776021,0987992,8032,209
 NonInterest expense$5,2795,5873,6524,0533,24518,57112,722
 Income tax expense$8234015265241,1322,2743,004
 Net income$2,0058751,3061,0721,1345,2583,965
 Basic earnings per share$0.240.110.190.200.220.740.76
 Average shares outstanding8,402,2517,689,8276,991,3275,281,2975,221,6067,091,1765,189,799
 Ending shares outstanding8,408,0228,398,0926,998,7506,953,7205,223,6278,408,0225,223,627
PERFORMANCE RATIOS
 Return on average assets1.07%0.52%1.00%0.90%0.95%0.87%0.89%
 Return on average common equity7.91%3.77%6.85%8.53%9.08%6.57%8.36%
 Yield on loans5.63%5.30%5.38%5.13%4.94%5.39%5.04%
 Yield on earning assets5.40%4.87%4.78%4.78%4.62%5.01%4.59%
 Cost of deposits0.84%0.72%0.62%0.53%0.47%0.70%0.39%
 Net interest margin4.59%4.23%4.22%4.27%4.17%4.36%4.22%
 Efficiency ratio61.70%76.40%62.06%68.13%58.87%67.04%63.73%
CAPITAL
 Tangible equity to tangible assets11.01%11.14%14.54%14.14%10.10%11.01%10.10%
 Book value (BV) per common share$12.0611.7711.0010.799.5112.069.51
 Tangible BV per common share$9.819.4910.8110.599.259.819.25
ASSET QUALITY
 Net loan charge-offs (recoveries)$(0)(29)341(9)210303115
 Allowance for loan losses (ALLL)$4,3733,9223,4433,3853,0764,3733,076
 ALLL to total loans0.69%0.65%0.83%0.83%0.77%0.69%0.77%
 Loan fair value credit marks (LFVCM)$2,5942,8346817597792,594779
 ALLL and LFVCM to total loans1.10%1.11%0.99%1.01%0.97%1.10%0.97%
 Nonperforming loans$3,4613,7332,7471,2721,3623,4611,362
 Other real estate owned$0000000
 Nonperforming assets to total assets0.45%0.51%0.53%0.24%0.28%0.45%0.28%
END OF PERIOD BALANCES
 Total loans$634,651606,753414,925409,196399,402634,651399,402
 Total assets$767,948734,923521,437522,118479,512767,948479,512
 Deposits$627,816632,803442,046444,300407,485627,816407,485
 Loans to deposits101.09%95.88%93.86%92.10%98.02%101.09%98.02%
 Shareholders' equity$101,36098,86577,00675,01649,698101,36049,698
 Full-time equivalent employees94946573769476
AVERAGE BALANCES (QTRLY) | | (YTD)
 Total loans$627,544540,165407,779403,693394,864495,252360,628
 Earning assets$694,190632,508501,776460,636447,834571,450420,548
 Total assets (net of AFS valuation)$741,463670,942525,934484,628471,271604,727444,262
 Deposits$626,433569,424446,815425,641419,101517,546395,071
 Shareholders' equity$100,50092,09176,44050,98349,54880,07847,421




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Bank of Southern California N.A. Names Scott Yates Regional Managing Director

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has expanded its business development team with the appointment of Scott Yates as Group Managing Director of Branch Sales and Deposit Origination. He will be responsible for leading the branch banking group in their efforts to grow the bank's core deposits, deepening existing client relationships and originating new client relationships.

Mr. Yates brings more than 14 years of industry experience specializing in commercial banking, treasury management, and sales management. Most recently, he served as Senior Vice President, Regional Banking Manager for Silvergate Bank. Active in the community, he serves as an Advisory Board Member for the San Diego Financial Literacy Center. Mr. Yates holds a bachelor's degree from the University of Arizona.

"Scott is a strong addition to the Branch Banking team and brings extensive sales management and commercial banking expertise along with a strong reputation and history of performance," said Gaylin Anderson, Executive Vice President, Chief Banking Officer.

"His experience and strategic vision will be instrumental in further developing the team and growing our market presence in Southern California," concluded Anderson.

About Bank of Southern California

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates ten branches in San Diego County, Los Angeles County, and the Coachella Valley in Riverside County, as well as a production offices in Orange County and West Los Angeles.

For more information, please visit https://www.banksocal.com or call (858) 847-4780.

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Bank of Southern California NA Appoints John E. Chung as Group Managing Director

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of John Chung as Group Managing Director of Business Banking. He will be responsible for leading the team's impact of meeting the banking needs of small to medium sized businesses throughout Southern California.

Mr. Chung is an accomplished and effective team leader with more than 17 years of commercial banking experience. Most recently, he served as Executive Vice President, National Sales Director for Crossroads Small Business Solutions. Prior, he maintained leadership positions with Banc of California and City National Bank. Mr. Chung holds a bachelor's degree from Northwestern University.

"John is a deeply rooted and experienced banker with a long history of developing and leading successful banking teams," said Tony DiVita, Executive Vice President and Chief Banking Officer. "The addition of John to our business banking group further complements our experienced and growing team as we continue to expand our presence in Southern California," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates ten branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in Orange County and West Los Angeles.

For more information, please visit https://www.banksocal.com or call (858) 847-4780.

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Bank of Southern California, N.A. Names Bill Lamison Vice President, Underwriter

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Bill Lamison as Vice President, Underwriter. He will join the company's established business banking team and will be responsible for structuring, analyzing and underwriting commercial credit for new clients as well as managing an existing portfolio of customers.

Mr. Lamison brings nearly 40 years of industry experience covering all aspects of commercial, consumer and real estate lending. Most recently, he served as Senior Vice President, Senior Credit Analyst for the Commercial Real Estate Group at Silvergate Bank. Active in the community, he is a member of the La Jolla Rotary Club and supports fundraising efforts for La Jolla YMCA and United Way. Bill holds a bachelor's degree from Eisenhower College in New York.

"We are excited to welcome Bill to our business banking team," said Tony DiVita, Executive Vice President and Chief Banking Officer. "Bill's depth of underwriting knowledge and industry experience will be instrumental as we continue to expand our reach and provide financing for even more small to mid-sized businesses throughout Southern California," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates ten branches in San Diego County, Los Angeles County, and the Coachella Valley in Riverside County, as well as production offices in Orange County and West Los Angeles.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

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Bank of Southern California, N.A. Names Lori Boucher Vice President Branch Manager in La Quinta

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Lori Boucher Vice President, Branch Manager. She will be responsible for sales and service of both consumer and business relationships at Bank of Southern California's La Quinta branch in Coachella Valley.

Mrs. Boucher is a results-oriented leader with a strong track record of performance, bringing 38 years of banking experience, including fifteen years as a Branch Manager. Prior to joining Bank of Southern California, she served as the Branch Manager of One West Bank's Indian Wells Branch.

"Lori is an outstanding addition to our dynamic Coachella Valley banking team," said Pam Isaacson, Executive Vice President and Chief Administrative Officer. "Her strong sales and results-driven experience, along with her extensive industry knowledge and commitment to delivering superior service, will play a key role in growing Bank of Southern California's regional presence," concluded Isaacson.

About Bank of Southern California

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses.

The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates ten branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in Orange County and West Los Angeles.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

*PHOTO link for media: Send2Press.com/300dpi/19-0102s2p-boucher-300dpi.jpg
*Photo Caption: Bank of Southern California names Lori Boucher Vice President, Branch Manager.

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Bank of Southern California, N.A. Names Joshua Mello Managing Director in San Diego

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Joshua Mello as Managing Director. He will be responsible for developing and managing a portfolio of commercial clients in the greater San Diego region.

Mr. Mello brings more than 11 years of banking experience, covering business lending, small business client acquisition and branch management. Most recently, he served as Vice President, Relationship Manager of Commercial Banking for Banc of California in La Jolla.

Active in the community, Mr. Mello volunteers as a Board Member for Junior Achievement's Young Executive Society. He holds a bachelor's degree from Johnson & Wales University.

"Joshua is a deeply rooted and experienced banker with a reputation for excellence," said Tony DiVita, Executive Vice President and Chief Banking Officer. "The addition of Joshua to our business banking team is an important step for strengthening and growing Bank of Southern California's presence in San Diego," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates eleven branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in West Los Angeles and Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

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Bank of Southern California NA Hires Pamela Marble as Managing Director in Orange County

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Pamela Marble as Managing Director in Orange County. In this role, she will be responsible for business development and client relationship management. Bank of Southern California plans to transition its local production office into a full-service Regional office in the first quarter next year.

Mrs. Marble joins Bank of Southern California with more than 35 years of industry experience in management, sales, and operations, with a primary focus on providing depository solutions to small to mid-sized businesses and Homeowner Associations.

She most recently served as Vice President Deposit Relationship Manager, Deposit Services for HomeStreet Bank in Orange County. Actively involved in the community, she is a member of the Community Association Institute and past member of Manhattan Beach, Torrance and Harbor Gateway Chambers.

"Pamela is an outstanding addition to our business banking group and will further enhance Bank of Southern California's presence in the Orange County and surrounding markets," said Tony DiVita, Executive Vice President and Chief Banking Officer.

"She brings a wealth of industry and market experience, with a strong reputation building profitable and lasting client relationships," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates eleven branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in West Los Angeles and Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

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