Contact Info

Neil NePote, senior vice president/regional manager
1^st Pacific Bank of California
3500 College Blvd.
Oceanside, CA 92056
Phone: (760) 477-2961
E-mail: nnepote@1stpacbank.com

• Date opened for business: Nov. 17, 2000
  
  
• Assets as of latest quarter: $311.7 million (June 30, 2007)
  
  
• ROA: 0.80 (June 30, 2007)
  
  
• Core capital as percentage of assets: 8.35 percent
  
  
• Provision for loan losses: $3.4 million (June 30, 2007)
  
  
• Plant the flag: On July 1, 1^st Pacific Bank completed its merger with Landmark Bank, which provided access to the Solana Beach and Downtown La Jolla markets. The two new branches increase the number of 1^st Pacific offices to eight. The bank is looking at other areas in Southern California that would increase its presence, including South County, North County, specifically in the Escondido area, Inland Empire area, like Temecula and Murrieta, and even into the Palm Springs area. The bank is looking to increase deposits and a presence in these areas would further deposit gathering, in addition to making loans available to small businesses in the area.
  
  
• Employment: About 95

Board of Directors

• James G. Knight, chairman, CEO of Consumer Directed Health Care Inc.
  
  
• Susan Lew, vice chair, president of S. Lew & Associates, a real estate investment firm
  
  
• Robert Cange, president of Cange International, an export management company
  
  
• Albert Colucci, president, CBC Investment, a real estate investment firm
  
  
• Veronica Froman, formerly chief operating officer, city of San Diego
  
  
• Albert Logan, accountant
  
  
• Vincent Siciliano, CEO of the bank.
  
  
• Christopher McKellar, developer
  
  
• Ron Carlson, former CEO of Landmark Bank
  
  
• Frank Mercardante, former CEO of Southwest Community Bank

Key personnel

Vince Siciliano, CEO; Larry Prosi, COO; Rick Revier, chief credit officer; Jim Burgess, chief financial officer.

Niche or target customer

The bank focuses on established, profitable businesses in the North County area and will look at opportunities in Riverside and Orange counties.