1st capital bank (FISB) Key Developments
1st Capital Bank Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014
Apr 30 14
1st Capital Bank reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net income of $408,000 or $0.11 per diluted share on total interest and dividend income of $3,202,000 compared to net income of $263,000 or $0.08 per diluted share on total interest and dividend income of $3,166,000 reported a year ago. Net interest income was $3,053,000 compared to $3,007,000 reported a year ago. Income before provision for income taxes was $674,000 compared to $452,000 reported a year ago.
1St Capital Bank Appoints Eric Mendelson as Senior Vice President and Senior Relationship Manager
Apr 24 14
1st Capital Bank announced the appointment of Eric Mendelson as Senior Vice President and Senior Relationship Manager. Mr. Mendelson is responsible for developing and managing client relationships with local businesses and professionals. Mr. Mendelson is located in the Bank's Salinas banking office. Mr. Mendelson has previously worked in a variety of lending and client relationship capacities at major national and community banks serving clients along the Central Coast. He has also held senior financial management positions with companies in other industries, most recently as Controller for New Leaf Community Markets.
1st Capital Bank Appoints Michael J. Winiarski as Executive Vice President and Chief Financial Officer
Mar 11 14
1st Capital Bank announced the hire of Michael J. Winiarski as the Bank's Executive Vice President and Chief Financial Officer. Mr. Winiarski has more than thirty years of experience in the financial services industry, with this appointment's being Mr. Winiarski's fourth as a Chief Financial Officer for a commercial bank. Mr. Winiarski's background includes interest rate risk management, regulatory compliance, enterprise risk management and internal controls, and public company reporting under the Securities Exchange Act of 1934.
1st Capital Bank Appoints Steve John as the Director
Feb 27 14
1st Capital Bank announced the appointment of Steve John as the Bank's director. Mr. John is the Chief Executive Officer of the Monterey Peninsula Foundation, has prior director experience with a publicly traded bank, and is very well known throughout the Bank's primary market area as a long term businessman and for his involvement with local community organizations. Mr. John's appointment was effective on February 26, 2014. He will stand for re-election at the bank's 2014 annual meeting later 2014.
1st Capital Bank Appoints Stuart Tripp as Regional President
Feb 7 14
1st Capital Bank announced the appointment of Stuart Tripp as the Bank's Regional President, with primary responsibility for the market area from Monterey in the south to Santa Cruz in the north. He most recently served as bank officer for the Central Coast area for a major national financial institution.