Beth Sanders Joins Security Bank of California
RIVERSIDE, Calif.--([ BUSINESS WIRE ])--Security California Bancorp (OTCBB: SCAF), ("the Company") parent holding company of Security Bank of California (the "Bank"), today announced that Beth Sanders joins Security Bank of California as Senior Vice President / Chief Deposit Officer in Redlands.
James A. Robinson Chairman and Chief Executive Officer, stated, "We are delighted that Beth has joined our team. Her leadership and skill-set fits well with our model and culture. We are excited to expand into the Redlands and Loma Linda areas." Beth brings more than 35 years in community banking, all in Redlands. She most recently held the position of Executive Vice President / Chief Financial Officer for 1st Centennial Bank.
Mrs. Sanders commented, "I am excited to participate in the financial growth in the greater Redlands marketplace, representing Security Bank. This Bank has the energy, reputation and values of a community bank and I want to be a part of it. I look forward to continuing my commitment to Redlands by developing and maintaining productive business relationships from a community bank perspective, thereby strengthening the local economy."
Beth joins Brent Coats, formerly of 1st Centennial Bank, who joined the Bank last month as Vice President Market Manager. Both Beth and Brent will focus their efforts on establishing an active and well involved presence in the Redlands and Loma Linda markets.
Security Bank of California, which opened for business in June, 2005 operates its main office and administrative offices in downtown Riverside, California, and a full-service branch in San Bernardino, California. The Bank reported total assets of $239 million as of December 31, 2008, with loans and deposits of $207 million and $185 million, respectively.
Forward Looking Statement Disclaimer - |
This release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Bank's control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management's view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. |