Legacy Bank, N.A.
1020 Prospect St.
Suite 100
La Jolla, CA 92037
(858) 777-4900
(858)777-4977 (fax)
www.legacysandiego.com

President and CEO: Doug Sawyer, age 54.

Opened for business: Dec. 12, 2002.

• Capital matters: Sawyer declined to discuss assets, ROA and other capital matters, saying that Legacy is a privately held bank. However, he did say “we are growing at a pace we are comfortable with and growing by obtaining relationships we want to bank over a long period of time.” Legacy opened last winter with initial assets of about $9.5 million.
  
  
• Plant the flag: No branches, but Sawyer says he's interested in branching to the North Coast, Downtown and North County Inland Corridor.
  
  Employment: nine at La Jolla headquarters. Sawyer described hiring plans for the rest of the year as “modest.”
  
  Board of Directors:
  
  Doug Sawyer, Legacy Bank president and CEO. Previously executive vice president at Bank of America, head of Small Business Banking for California and market president for San Diego County.
  
  Christopher Scripps McKellar, chairman of the board. A founder and director of Scripps Bank, currently CEO and chairman of California Traditions Inc., a builder of single-family homes in Southern California and Nevada, commercial and industrial projects in San Diego and Orange Counties and apartment projects in Sacramento.
  
  Martin Dickinson, vice chairman of the board. Formerly senior vice president, senior credit officer and a director at Scripps Bank.
  
  Craig Andrews, partner in the San Diego law firm Heller Ehrman White and McAuliffe; on the board of Rubio’s Restaurants.
  
  Vince Benstead, a CPA with 39 years of experience at Price Waterhouse Coopers. Scripps Bank was among his clients.
  
  John Davies, of counsel with law firm of Allen, Matkins, Leck, Gamble & Mallory.
  
  Catherine Nicholas, Lead portfolio manager, Global Equity for Nicholas-Applegate Capital Management.
  
  James McKellar, a founder and former director of Scripps Bank, he is president and sole shareholder of McKellar Resorts Inc. in Las Vegas.
  
  Paul Peterson, of counsel to the San Diego law firm of Peterson & Price, and manager of Peterson Brothers LLC, a San Diego investment company.
  
  Key personnel:
  
  
• Chief Credit Officer Tom Carter, previously held the same title at First National Bank; Chief Financial Officer Jennifer Roper is the former CFO of Silvergate Bank and First Internet Bank; Janice Kassebaum, client services director, was formerly president of Sunrise Bank.
  
  Niche or target customer:
  
  
• Legacy will target business professionals, small businesses with sales of $1 million to $10 million, individuals with full-service banking and investment needs, and nonprofits. The bank’s maximum lending limit is $1 million, but it will participate in larger deals.