British Caledonian

Bank of Southern California Provides $229 Million in Paycheck Protection Program (PPP) Loans

Retrieved on: 
Friday, April 2, 2021

(OTC Pink: BCAL), a commercial bank headquartered in San Diego, reported today that as of March 31, 2021, it has funded a total of $229 million in First Draw and Second Draw Paycheck Protection Program (PPP) loans.

Key Points: 
  • (OTC Pink: BCAL), a commercial bank headquartered in San Diego, reported today that as of March 31, 2021, it has funded a total of $229 million in First Draw and Second Draw Paycheck Protection Program (PPP) loans.
  • As a Preferred Lender with the SBA, Bank of Southern Californias team of experienced bankers worked tirelessly to provide both First Draw and Second Draw PPP loans to eligible small businesses.
  • Additionally, a total of $222 million was funded in the form of Second Draw loans, benefiting more than 1,400 Southern California businesses.
  • Of significance, every Bank of Southern California customer who qualified and applied for a PPP loan, received one.

Bank of Southern California Opens New Office in West Los Angeles

Retrieved on: 
Monday, March 29, 2021

(OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce the opening of its newest branch location in West Los Angeles.

Key Points: 
  • (OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce the opening of its newest branch location in West Los Angeles.
  • This is the latest example of the companys strategic expansion efforts, and it follows the Banks recent announcement of plans to open several new branches within Los Angeles and Ventura counties.
  • A growing commercial 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 to individuals, professionals and small-to-medium sized businesses.
  • The Bank currently operates branches in San Diego County, Los Angeles County, Orange County, San Bernardino County, and the Coachella Valley in Riverside County.

Bank of Southern California Names Alice N. Zandpour Director of Human Resources

Retrieved on: 
Wednesday, March 10, 2021

(OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce the appointment of Alice N. Zandpour as Senior Vice President, Director of Human Resources.

Key Points: 
  • (OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce the appointment of Alice N. Zandpour as Senior Vice President, Director of Human Resources.
  • Mrs. Zandpour brings over 20 years of human resources experience in the financial services industry with a focus on organizational development, employee engagement, talent management and succession planning.
  • We are excited to welcome Alice to our growing team at Bank of Southern California, said Tony DiVita, Chief Operating Officer.
  • Alice brings the depth and breadth of experience in all aspects of human resources that will help guide our organization through that next level of growth.

Bank of Southern California Hires Chief Information Officer

Retrieved on: 
Monday, March 1, 2021

(OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce the appointment of Jeffery T. Hurtik as Executive Vice President, Chief Information Officer.

Key Points: 
  • (OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce the appointment of Jeffery T. Hurtik as Executive Vice President, Chief Information Officer.
  • The appointment of a Chief Information Officer is both timely and important.
  • Most recently, he served as Executive Vice President, Chief Information Officer for Silvergate Bank.
  • Prior to that, he was the Senior Vice President, Chief Information Officer of Luther Burbank Savings Bank.

Bank of Southern California Appoints Danni Remington Smithson as Regional Manager in Orange County

Retrieved on: 
Monday, January 11, 2021

(OTC Pink: BCAL), a commercial bank headquartered in San Diego, announced today that Danni Remington Smithson has joined the company as Executive Vice President, Regional Manager in Orange County.

Key Points: 
  • (OTC Pink: BCAL), a commercial bank headquartered in San Diego, announced today that Danni Remington Smithson has joined the company as Executive Vice President, Regional Manager in Orange County.
  • Based out of the companys Irvine office, Mrs. Remington Smithson will be responsible for growing the Banks customer base within Orange County by building lasting relationships with local businesses.
  • Danni is deeply invested in Orange County with a remarkable commitment to leading and serving the local business community, said David Rainer, Executive Chairman of Bank of Southern California.
  • The Bank currently operates branches in San Diego County, Los Angeles County, Orange County, San Bernardino County, and the Coachella Valley in Riverside County.

Bank of Southern California Names Ryan Cressler Managing Director

Retrieved on: 
Wednesday, January 6, 2021

(OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce that Ryan Cressler has joined the company as Managing Director in the Coachella Valley.

Key Points: 
  • (OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce that Ryan Cressler has joined the company as Managing Director in the Coachella Valley.
  • Mr. Cressler is an accomplished and seasoned commercial banker with a wealth of in-market knowledge and a commitment to helping businesses grow and succeed.
  • Prior to joining Bank of Southern California, he spent more than a decade with Wells Fargo Bank, most recently serving as Vice President, Business Relationship Manager.
  • 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 to individuals, professionals and small-to-medium sized businesses.

Southern California Bancorp Completes $42 Million Capital Offering

Retrieved on: 
Wednesday, December 23, 2020

Southern California Bancorp (the Company) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A.

Key Points: 
  • Southern California Bancorp (the Company) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A.
  • We are very pleased with the investment communitys response to the Southern California Bancorp offering, with strong interest shown by both institutional and individual accredited investors, said David Rainer, Executive Chairman of Southern California Bancorp.
  • The capital raise strengthens our balance sheet, and the Bank is now well positioned to execute on its strategic growth plans, including the expansion of its footprint in Southern California to drive organic growth in 2021, said Nathan Rogge, President and CEO of Bank of Southern California.
  • Southern California Bancorp is a registered bank holding company formed for the purpose of acquiring control of the Bank.

Bank of Southern California Names Thomas G. Dolan Chief Financial Officer

Retrieved on: 
Monday, December 7, 2020

(OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today the appointment of Thomas G. Dolan as Executive Vice President, Chief Financial Officer.

Key Points: 
  • (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today the appointment of Thomas G. Dolan as Executive Vice President, Chief Financial Officer.
  • Mr. Dolan brings extensive experience providing strategic and operational leadership in highly entrepreneurial, growth-oriented financial institutions and will be instrumental in the companys future growth.
  • Previously, he held the position of Executive Vice President, Chief Financial Officer at Los Alamos National Bank.
  • Mr. Burgess joined the Bank in 2011, and previously held the position of Executive Vice President, Chief Financial Officer.

Bank of Southern California Donates Thanksgiving Meals to Food Banks Across Southern California

Retrieved on: 
Monday, November 23, 2020

(OTC Pink: BCAL), a community business bank headquartered in San Diego, donated to local food banks from Los Angeles to the Coachella Valley to provide Thanksgiving dinner for those in need.

Key Points: 
  • (OTC Pink: BCAL), a community business bank headquartered in San Diego, donated to local food banks from Los Angeles to the Coachella Valley to provide Thanksgiving dinner for those in need.
  • A total of five food banks across Southern California received donations, providing meals for 5,000 families.
  • The selected food banks are The Jacob Cushman Food Bank in San Diego County, Los Angeles Regional Food Bank in Los Angeles County, Second Harvest Food Bank in Orange County, FIND Food Bank in Riverside County, and Helping Hands Pantry in San Bernardino County.
  • We are grateful to work with five food banks across our footprint to provide food for families in need throughout our community during the Thanksgiving season, said Nathan Rogge, President and CEO of Bank of Southern California.

Southern California Bancorp Announces Changes to its Board of Directors

Retrieved on: 
Thursday, November 19, 2020

Southern California Bancorp (the Company) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A.

Key Points: 
  • Southern California Bancorp (the Company) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A.
  • (the Bank), announces the appointment of four new independent directors to the Board of Directors of the Company and the Bank, effective as of November 18, 2020, bringing board membership to 10, including eight independent directors.
  • We are pleased to welcome Dave, Jan, Kaveh and Anita to the Board of Directors of Southern California Bancorp, said David Rainer, Executive Chairman of Southern California Bancorp.
  • On behalf of the Board, I would like to thank Adriana and Joseph for their long service to Southern California Bancorp and the Bank and for their much-valued contributions.