Local Banking Icon Clayton C. Larson Joins 1st Capital Bank as Regional President
01 August 2011 - 7:00PM
1st Capital Bank (OTCBB:FISB): 1st Capital Bank
today announced that Clay Larson has accepted the position of
Regional President. This announcement was made by Fred Rowden,
president and chief executive officer of 1st Capital Bank.
Mr. Larson comes to 1st Capital Bank with over 35 years of
experience in community banking. He founded First National Bank of
Central California ("FNB") in 1984. During his executive position
as President and Chief Executive Officer at First National Bank of
Central California, he was the leading force in the acquisitions of
South Valley National Bank, San Benito Bank and Pajaro Valley Bank.
In 1998 the holding company of FNB ("Pacific Capital Bancorp") was
acquired by Santa Barbara Bancorp, where he served as Regional
Market President.
"Clay will be a tremendous asset to the Bank and the community
in his role as Regional President," stated Fred Rowden. "I can't
think of any individual who has more passion for community banking
and client relations than Clay. He joins 1st Capital Bank with the
same vision and culture to build a premier community bank based on
unwavering dedication to client service. It's a compliment that
Clay chose 1st Capital Bank," concluded Rowden. In his role as
Regional President, Mr. Larson will focus on the Bank's growth and
client development of the Monterey Peninsula and Central Coast.
"The Directors of 1st Capital Bank are equally enthusiastic of
this appointment," noted Kurt Gollnick, chairman of the board of
1st Capital Bank. "As the Bank's Regional President, Clay
complements the banking skills, experience and leadership qualities
of the entire executive leadership team at 1st Capital Bank. These
management skills are essential in today's competitive banking
environment," stated Gollnick.
"At this point of my career, it was an easy decision to join the
1st Capital Bank team," noted Clay Larson. "1st Capital Bank is
extremely well managed which has resulted in sustained earnings and
growth. The bank has established itself as a leader in the local
business market by providing exceptional service and knowledgeable
local bankers that are focused on the unique needs of our business
community. Throughout my banking career, I have always believed
that these core values are what truly makes a difference in
business banking," concludes Clay.
About 1st Capital Bank
1st Capital Bank is focused on providing lending, deposit and
highly efficient cash management services such as remote deposit
and online banking to small to medium size businesses, owners of
those businesses and with specialized banking services for the
healthcare industry. The Bank is a full service financial
institution with branches located in Monterey, Salinas and King
City. The Bank's corporate offices are located at 5 Harris Court,
Building N, Suite 3, Monterey, California 93940. Bookmark
www.1stcapitalbank.com for more information.
The 1st Capital Bank logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10075
CONTACT: Fred Rowden
President and Chief Executive Officer
831.264.4010
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