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National Bank of California Appoints New President & CEO and Executive Vice President/COO

^{Published on 2011-06-30 08:36:40 - Market Wire}
 

BRENTWOOD, Calif.--([ BUSINESS WIRE ])--National Bank of California (OTCBB: NCAL) has appointed two veteran bankers, Henry P. Homsher and Peter Koos, to the positions of President/Chief Executive Officer and Executive Vice President/Chief Operating officer, respectively. Homsher will serve on the Banka™s Board of Directors as well.

"Henry and Peter are both veteran banking leaders who bring valuable expertise to our already strong management team."

Joseph Kornwasser, who made the announcement, has been serving as National Bank of Californiaa™s interim President & CEO since the Banka™s long-time President/CEO and co-founder Barry W. Uzel passed away in November 2010. aWe welcome Henry Homshera™s leadership and market knowledge as we execute our strategy to keep National Bank of California in the forefront as a strong, independent business bank,a Kornwasser said. aHenry and Peter are both veteran banking leaders who bring valuable expertise to our already strong management team.a

With over 30 years in the banking industry, Homsher brings extensive banking experience in California to his new position as National Bank of Californiaa™s President and Chief Executive Officer. For Pacific Coast Bankers Bank in San Francisco he was a Director for 6 years and President/CEO from 2002 to 2003, as well as responsible for loan syndications in excess of $350 million and acquisition activities. For almost 20 years between 1982 and 2001, he served in various positions at Frontier State Bank/Frontier Bancorp in Redondo Beach, including eight years as President, Chief Executive Officer and Chairman of the Board. Most recently, he was founder and President of Alternative Strategies LLC in Cypress, California where he applied his expertise in asset quality and negotiation as a consultant for banks that need to maximize recovery of loan losses and reduce nonperforming assets. He has a BS degree in Business Administration, Accounting and Finance from California State University at Northridge. An avid sailor, Homsher is married with four children.

Peter Koos, Executive Vice President and Chief Operating Officer, has over 30 years of banking experience. As well as recently being a financial banking consultant, he served as President and Chief Executive Officer at various state-chartered Banks and Organizing Groups for the last ten years. At Frontier State Bank in Redondo Beach he was the Banka™s Chief Financial Officer and in 1999 was appointed as President and Chief Executive Officer of Frontier Bancorp. In 2002, he was a founder of Continental Bank of America and under his leadership as Director and President/CEO the de-novo bank became profitable in 15 months. He joined Golden Security Bank in 2005, helping to restore its profitability and regulatory standing. Koos has a Commercial Banking Diploma from the University of Coloradoa™s Graduate School of Banking and is involved in various civic and charitable organizations.

Both Homsher and Koos stated they look forward to contributing their efforts to National Bank of Californiaa™s experienced management team that has successfully guided the Bank through challenging economic environments and directed its growth and expansion into new markets.

National Bank of California, a wholly owned subsidiary of NCAL Bancorp, is a full-service commercial bank that began operations in 1982 and currently has over $350 million in assets. The Bank offers customized services to small and mid-sized businesses as well as individuals through six strategically located regional offices in Los Angeles, San Fernando Valley, San Gabriel Valley, Orange County, and Ventura County.