Solera National Bank, a wholly-owned subsidiary of Solera National Bancorp, Inc. (OTCQB:SLRK), announced today that it has been presented with the 2012 Diversity Corporation of the Year Award. Winners of diversity in business were announced at yesterday’s 18 th Annual Diversity in Business Awards Breakfast, hosted by ColoradoBiz, at the Seawell Ballroom, Denver Center for the Performing Arts. The Minority Businessperson of the Year award was presented to Tim Marquez, CEO of Venoco, Inc.
“As Denver’s first and only Hispanic-, minority- and small business-focused community bank we are delighted to have been chosen for the Diversity Corporation of the Year Award. We are grateful to ColoradoBiz for recognizing our commitment to diversity in hiring, contracting, business development, and community relations,” said Douglas Crichfield, President and Chief Executive Officer. “We understand many worthy organizations were considered and we are honored.”
At March 31, 2012, Solera National Bancorp, Inc. had achieved profitability in six of the past eight quarters, with improving asset quality and strong capital levels: total risk-based capital was 20.2% and the Bank’s tangible common equity ratio, excluding unrealized gains on securities, was 12.7%. “Metro Denver continues its modest economic recovery and Solera stands ready to meet the financing needs of small businesses in our community,” Crichfield added.
About Solera National Bancorp, Inc.Solera National Bancorp, Inc. was incorporated in 2006 to organize and serve as the holding Company for Solera National Bank which opened for business on September 10, 2007. Solera National Bank is a traditional, community, commercial bank with a specialized focus serving the Hispanic market. It prides itself in delivering personalized customer service — welcoming, inclusive and respectful — combined with leading-edge banking capabilities. The Bank is also actively involved in the community in which it serves. For more information, visit http://www.solerabank.com.