First PacTrust Bancorp, Inc. (NASDAQ: BANC) (“First PacTrust"), the holding company for Pacific Trust Bank (“PacTrust Bank”) and Beach Business Bank, today announced the following additions to its financial team:
- Ronald J. Nicolas, Jr., Executive Vice President and Chief Financial Officer of First PacTrust;
- Lonny D. Robinson, Executive Vice President and Chief Financial Officer of Pacific Trust Bank; and
- Craig S. Naselow, Executive Vice President, Treasurer and Chief Investment Officer of First PacTrust and PacTrust Bank.
Mr. Robinson will join PacTrust Bank as Executive Vice President on November 14, 2012 and will assume the duties of Chief Financial Officer following Mr. Domingo’s resignation. Immediately before joining PacTrust Bank, Mr. Robinson was Executive Vice President and Chief Financial Officer of Hamni Financial Corp., a $2.8-billion publicly-traded bank holding company, and its subsidiary Hamni Bank. Prior to joining Hamni in October 2011, Mr. Robinson served as Executive Vice President and Chief Financial Officer at each of: Opportunity Bancshares and Opportunity Bank (2010-2011); Western Community Bancshares and Frontier Bank (2010); and Center Financial Corp., a $2.5-billion publicly-traded bank holding company (2007-2010). Mr. Robinson is a graduate of Westminster College, New Wilmington, PA (BA, 1980).Mr. Naselow became Executive Vice President, Treasurer and Chief Investment Officer of First PacTrust and PacTrust Bank effective as of November 5, 2012. Immediately before joining First PacTrust and PacTrust Bank, Mr. Naselow served as Senior Vice President, Treasurer and Investment Executive at Aris Development Company, a private bank development company, since 2009. Before that, he served as Treasury/Liquidity Consultant to Union Bank N.A., a $70-billion commercial bank (2008-2009); Managing Director and Treasurer at Countrywide Bank, a $120-billion commercial bank, (2001-2008); Senior Vice President of California Commerce Bank, a $2.1-billion commercial bank subsidiary of Citigroup (1998-2001) and President of California Commerce Banc Securities, Inc., an affiliate of California Commerce Bank (2000-2001); and Vice President, Corporate Finance and Portfolio Management at Great Western Bank, a $45-billion savings bank (1994-1997). Mr. Naselow is a graduate of California State University, Northridge (BA, 1987) and of Boston College (MBA, 1989). First PacTrust plans to announce its earnings for the third quarter of 2012 after the market closes on November 8, 2012 and will discuss earnings as a part of its annual Investor Day on November 9, 2012 at Riviera Country Club in Los Angeles. A live, only audio webcast of the event will be available through a link at First PacTrust’s investor relations web site at www.firstpactrustbancorp.com. Following the live presentation, the event will be archived on the web site for approximately 30 days. About First PacTrust Bancorp Based in Irvine, CA, First PacTrust Bancorp, Inc. is the $1.6-billion multi-bank holding company of Pacific Trust Bank and Beach Business Bank, which together operate 19 banking offices in Los Angeles, Orange, San Diego and Riverside counties, and 23 loan production offices in California, Arizona, Oregon and Washington. PacTrust Bank gives customers convenient account access choices through 30,000 surcharge-free ATM locations nationwide, as well as mobile, online and telephone banking. PacTrust Bank and Beach Business Bank provide a full range of deposit and loan services tailored to meet the needs of small-to-mid-sized businesses, professionals and individuals.
Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of the “Safe-Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including those set forth from time to time in the documents filed or furnished by First PacTrust with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and the Company undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.