Edition: February 2007



 Local Lender$

 By Richard Acello



Security Business Bank Details

Contact Info

Security Business Bank
701 B St., Suite 100
San Diego, CA 92101
Phone: (619) 231-8500
Fax: (619) 237-4200
E-mail: gjbigknife@securitybusinessbank.com

  • Gail Jensen-Bigknife, 56, Executive Vice President/Chief Credit Officer

  • Date opened for business: 9/30/02

  • Assets as of latest quarter: $152.4 million at 9/30/06

  • ROA: 90 percent

  • Core capital as percentage of assets: 12 percent

  • Provision for loan losses: 1.3 percent

  • Plant the flag: The bank has offices Downtown, in Carmel Valley and in Carlsbad. It would like branches along the I-15 corridor, in East County and in South Bay, but is looking for the right individual to lead it into these markets.

  • Employment: 36

Directors

  • Robert P. Keller, director, Pennichuck Corp. (chairman of the board)

  • Gordon Carrier, Carrier Johnson, president

  • Greg Cody, private investor

  • Dennis Cruzan, Cruzan|Monroe

  • Bruce Millimaki, Millimaki Eggert, principal

  • Gail Stoorza-Gill, The Right Question, chairman and CEO

Key personnel

  • Paul Rodeno, president/chief executive officer

  • Claire Fitzpatrick, EVP/cashier

  • Gail Jensen-Bigknife, EVP/chief credit officer

  • Steve Espino, EVP/senior loan officer

  • Pamela Maes, SVP/chief financial officer

Niche or target customer

Small to medium-sized business and professionals with gross income of $1 million to $30 million.


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