Contact Info
1st Pacific Bank of California
4275 Executive Square, Suite 650
La Jolla, CA 92037
Phone/ Fax: (858) 875-2007
Email: lprosi@1stpacbank.com
- Executive Vice President, Chief Banking Officer, Larry Prosi.
- Date opened for business: Nov. 17, 2000
- Bank assets as of latest quarter: $277 million at 3/31/06
- ROA: 1.06 percent
- Core capital as percentage of assets: 9.08 percent
- Provision for loan losses: $2.98 million
- Plant the flag: Five branch offices including La Jolla Colony, Oceanside, Mission Valley, Inland North County (Highway 56 and I-15), and El Cajon, which opened in February. Also, a loan production office in Murrieta was opened this winter.
- Employment: 70
Directors
- James G. Knight, M.D., chairman
- Susan Lew, vice chairman
- Robert P. Cange, President, Cange International Inc.
- Ronne Froman, CAO, city of San Diego
- Albert Colucci, president, CBC Investment
- Jeffrey A. Dunham, president and CEO, Dunham & Associates Investment Counsel
- Albert L. Logan, partner, Hutchinson & Bloodgood LLP
- A. Vincent Siciliano, president and CEO, 1st Pacific Bank of California
Key personnel
Siciliano is president and chief executive officer; James Burgess is chief financial officer and executive vice president; Prosi is chief banking officer and executive vice president.
Niche or target customer
Locally owned businesses with revenues between $500,000 and $25 million (doctors, attorneys, etc). Real estate lending accounts for about 60 percent of the bank’s loan portfolio. A specialty is construction lending for residential and commercial building.
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