Pacific Capital Bancorp

YMCA of the USA Board of Directors Elects New Chair, New Officers and Board Members also Announced

Retrieved on: 
Monday, February 19, 2024
Security Pacific Bank, PCBC, Pacific Capital Bancorp, Deutsche Bank, Investment, SVP, Bank, Santa Barbara Botanic Garden, Commercial bank, Sale, Ys, Santa Barbara Zoo, Chairperson, Wells Fargo, California State University, Northridge, Santa Barbara Historical Museum, Private banking, Policy, California State University, Omicron Delta Kappa, SBB, MUFG Union Bank, Management

CHICAGO, Feb. 19, 2024 /PRNewswire-PRWeb/ -- YMCA of the USA (Y-USA), the national resource office for the 2,600 Ys across the country, is pleased to announce the election of George Leis to a two-year term as Chair of the nonprofit's National Board of Directors. Leis, the President and Chief Operating Officer for Montecito Bank and Trust, has served on the Y-USA board since 2019. As Board Chair, Leis will provide leadership to the 25-member board, which sets strategic direction and policy to guide the Y's work in strengthening communities by connecting all people to their potential, purpose and each other.

Key Points: 
  • YMCA of the USA is pleased to announce the election of George Leis to a two-year term as Chair of the nonprofit's National Board of Directors.
  • Leis, the President and Chief Operating Officer for Montecito Bank and Trust, has served on the Y-USA board since 2019.
  • "I look forward to partnering with Mr. Leis, our new board members and the entire board to strengthen the Y and the communities we serve.
  • Biographies and photos of Y-USA's new National Board members are available upon request.

FirstSun Capital Bancorp Reports Third Quarter 2023 Results

Retrieved on: 
Friday, October 27, 2023
Banking, Professional Services, Finance, Ratio, Sale, HTM, GAAP, FTE, Environment, C&I, Growth, FHLB, Pacific Capital Bancorp, Table, Video game, Bank, Life insurance, Rare-earth element, Asset management, Tangibility

FirstSun Capital Bancorp (“FirstSun”) (OTCQX: FSUN) reported net income of $25.2 million for the third quarter of 2023 compared to net income of $26.5 million for the third quarter of 2022.

Key Points: 
  • FirstSun Capital Bancorp (“FirstSun”) (OTCQX: FSUN) reported net income of $25.2 million for the third quarter of 2023 compared to net income of $26.5 million for the third quarter of 2022.
  • The return on average total assets was 1.34% in the third quarter of 2023, compared to 1.49% in the prior quarter, and the return on average stockholders’ equity was 12.03% in the third quarter of 2023, compared to 13.54% in the prior quarter.
  • Net interest income totaled $73.4 million during the third quarter of 2023, a decrease of $0.4 million compared to the prior quarter.
  • Average loans, including loans held-for-sale, decreased by $40.1 million in the third quarter of 2023, compared to the prior quarter.

1st Capital Bancorp Announces Glenna Datta as Executive Vice President and Chief Banking Officer

Retrieved on: 
Friday, October 13, 2023
CBO, Pacific Capital Bancorp, Bank, Business administration, OTC Markets Group, Capital Bank, Science, Drug, Management, Finance

SALINAS, Calif., Oct. 13, 2023 (GLOBE NEWSWIRE) -- 1st Capital Bancorp (OTC Pink: FISB) announced today the appointment of Glenna Datta to Executive Vice President and Chief Banking Officer.

Key Points: 
  • SALINAS, Calif., Oct. 13, 2023 (GLOBE NEWSWIRE) -- 1st Capital Bancorp (OTC Pink: FISB) announced today the appointment of Glenna Datta to Executive Vice President and Chief Banking Officer.
  • Chief Executive Officer Samuel Jimenez announced today that Glenna Datta has been named Executive Vice President and Chief Banking Officer (CBO) of 1st Capital Bank.
  • Prior to her appointment as CBO, Ms. Datta was responsible for driving lending performance in the Bank’s Monterey, Salinas and King City locations.
  • “This is an excellent opportunity for me to assist in the execution of the strategic priorities of the Bank,” Ms. Datta said.

1st Capital Bancorp Announces Retirement of President, Jon Ditlevsen

Retrieved on: 
Friday, October 13, 2023
Central Coast, Retirement, Pacific Capital Bancorp, Family, OTC Markets Group, EVP, Capital Bank, Bank

SALINAS, Calif., Oct. 13, 2023 (GLOBE NEWSWIRE) -- 1st Capital Bancorp (OTC Pink: FISB) announced today the upcoming retirement of President and Chief Lending Officer, Jon Ditlevsen, in January 2024.

Key Points: 
  • SALINAS, Calif., Oct. 13, 2023 (GLOBE NEWSWIRE) -- 1st Capital Bancorp (OTC Pink: FISB) announced today the upcoming retirement of President and Chief Lending Officer, Jon Ditlevsen, in January 2024.
  • Jon has served as President since April of 2020 and as EVP, Chief Lending Officer since 2013.
  • Native to the Central Coast of California, he has served in the various markets 1st Capital Bank operates.
  • As part of this transition, Jon has been instrumental in the identification of and the development of his successor.

Director Henry Ruhnke Announces Retirement from the Board of Directors

Retrieved on: 
Thursday, August 31, 2023
LLP, Capital Bank, Compensated emancipation, Organization, Pacific Capital Bancorp, Human resources, Capital, OTCQX, Bank, American Institute, Management

Mr. Ruhnke, a registered architect, and principal of Wald, Ruhnke and Dost Architects, LLP has served the Monterey community in a variety of organizations and roles, including Monterey Planning Commission and the Monterey Architectural Review Committee.

Key Points: 
  • Mr. Ruhnke, a registered architect, and principal of Wald, Ruhnke and Dost Architects, LLP has served the Monterey community in a variety of organizations and roles, including Monterey Planning Commission and the Monterey Architectural Review Committee.
  • He also served as a board member of the American Institute of Architects, Monterey Bay.
  • Under Mr. Ruhnke’s leadership and guidance, since joining 1st Capital Bank’s Board of Directors in 2010, the Bank grew assets to nearly $1 billion.
  • Mr. Ruhnke led the Human Resource and Compensation Committee and participated in other governance-related committees.

1st Capital Bancorp Announces Change In Executive Management Position

Retrieved on: 
Friday, August 4, 2023
OTCQX, Interim, Pacific Capital Bancorp, Capital Bank, Drug

SALINAS, Calif., Aug. 04, 2023 (GLOBE NEWSWIRE) -- 1st Capital Bancorp (the “Company”), (OTCQX: FISB), the $960 million asset bank holding company and parent company of 1st Capital Bank (the “Bank”), announced a recent change in executive management.

Key Points: 
  • SALINAS, Calif., Aug. 04, 2023 (GLOBE NEWSWIRE) -- 1st Capital Bancorp (the “Company”), (OTCQX: FISB), the $960 million asset bank holding company and parent company of 1st Capital Bank (the “Bank”), announced a recent change in executive management.
  • Ms. Danelle Thomsen resigned as executive vice president, chief financial officer and principal accounting officer of Salinas California-based 1st Capital Bancorp Inc., and as chief financial officer of its subsidiary, 1st Capital Bank, effective August 11th.
  • Ms. Thomsen resigned to pursue other career opportunities.
  • 1st Capital Bank has engaged Mr. Moritz Wohanka to serve as Interim chief financial officer and has retained an executive search firm to search a permanent chief financial officer.

FirstSun Capital Bancorp Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, July 27, 2023
Banking, Professional Services, Finance, Insurance, Table, FHLB, HTM, GAAP, Ratio, Sale, Pacific Capital Bancorp, FTE, Growth, Environment, Video game, Bank, Cryptocurrency, Real estate, Rare-earth element, Holding company, Asset management, Tangibility

FirstSun Capital Bancorp (“FirstSun”) (OTCQX: FSUN) reported net income of $28.0 million for the second quarter of 2023 compared to net income of $0.4 million for the second quarter of 2022.

Key Points: 
  • FirstSun Capital Bancorp (“FirstSun”) (OTCQX: FSUN) reported net income of $28.0 million for the second quarter of 2023 compared to net income of $0.4 million for the second quarter of 2022.
  • Earnings per diluted share were $1.11 for the second quarter of 2023 compared to $0.02 for the second quarter of 2022.
  • The return on average total assets was 1.49% in the second quarter of 2023, compared to 1.44% in the prior quarter, and the return on average stockholders’ equity was 13.54% in the second quarter of 2023, compared to 13.37% in the prior quarter.
  • Average deposits were $6.0 billion for the second quarter of 2023, compared to $5.8 billion for the prior quarter, an increase of $140.9 million in the second quarter of 2023, or 9.7% on an annualized basis.

Capital Bank Welcomes Jay Walker as CFO, Elevating Strategy and Capital Management Expertise

Retrieved on: 
Tuesday, June 13, 2023
Federal Reserve Bank, University, Capital Bank, EVP, FDIC, Strategic management, Business administration, Pacific Capital Bancorp, Equal housing lender, CFO, Growth, Florida Gulf Coast University, Master of Business Administration, Jennings, Accounting, Bank, Management

ROCKVILLE, Md., June 13, 2023 (GLOBE NEWSWIRE) -- Capital Bank is delighted to announce the appointment of Jennings “Jay” Walker as the new Chief Financial Officer (CFO) for Capital Bancorp, Inc. and Capital Bank, N.A.

Key Points: 
  • ROCKVILLE, Md., June 13, 2023 (GLOBE NEWSWIRE) -- Capital Bank is delighted to announce the appointment of Jennings “Jay” Walker as the new Chief Financial Officer (CFO) for Capital Bancorp, Inc. and Capital Bank, N.A.
  • Commenting on the appointment, Ed Barry, CEO of Capital Bank, stated, "We are thrilled to welcome Jay to the team as our new CFO.
  • His experience in strategy, finance, and capital management will be invaluable as we enter the next era of growth for Capital Bank.
  • Mr. Walker, expressed his excitement about joining Capital Bank, saying, "I am honored to join Capital Bank as Chief Financial Officer.

Capital Bancorp Declares Quarterly Cash Dividend of $0.06 per Share

Retrieved on: 
Wednesday, May 3, 2023
Pacific Capital Bancorp, Growth, Share repurchase, Capital Bank, Holding company, Bank

ROCKVILLE, Md., May 03, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that its Board of Directors has declared a cash dividend on its common stock of $0.06 per share.

Key Points: 
  • ROCKVILLE, Md., May 03, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that its Board of Directors has declared a cash dividend on its common stock of $0.06 per share.
  • The dividend is payable on May 31, 2023 to shareholders of record as of May 15, 2023.
  • Ed Barry, Chief Executive Officer stated, “Management and the Board are committed to managing the Bank’s capital in a manner that rewards our shareholders while maintaining robust liquidity and regulatory capital.
  • Our dividend, in combination with our recently increased share repurchase plan, provide us with multiple means to efficiently return capital.

FirstSun Capital Bancorp Reports First Quarter 2023 Results

Retrieved on: 
Monday, May 1, 2023
Banking, Professional Services, Finance, Asset–liability mismatch, Table, FHLB, Current Expected Credit Losses, HTM, GAAP, Ratio, Sale, Financial instrument, Pacific Capital Bancorp, Collection, FTE, Growth, ASU, Environment, Video game, Bank, Financial services, Cryptocurrency, Asset management, Tangibility

FirstSun Capital Bancorp (“FirstSun”) (OTCQX: FSUN) reported net income of $26.3 million for the first quarter of 2023 compared to net income of $7.7 million for the first quarter of 2022.

Key Points: 
  • FirstSun Capital Bancorp (“FirstSun”) (OTCQX: FSUN) reported net income of $26.3 million for the first quarter of 2023 compared to net income of $7.7 million for the first quarter of 2022.
  • The return on average total assets was 1.44% in the first quarter of 2023, compared to 1.38% in the prior quarter, and the return on average stockholders’ equity was 13.37% in the first quarter of 2023, compared to 12.89% in the prior quarter.
  • Net interest income totaled $74.1 million during the first quarter of 2023, an increase of $0.8 million compared to the prior quarter.
  • Average loans increased by $0.2 billion in the first quarter of 2023, compared to the prior quarter.