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San Diego Private Bank has agreed to buy all the loans and deposits of First Security Business Bank in Orange, Calif.
October 22 -
BofI Holding in San Diego has agreed to buy $125 million in deposit accounts from a unit of First Marblehead.
December 23 -
Seacoast Commerce Bank in San Diego has created a new holding company.
December 2
San Diego Private Bank in Coronado, Calif., is set to have a new president and chief executive.
The $423 million-asset bank said in a press release Thursday that Thomas Wornham will succeed Maria Kunac on May 1. Kunac will stay on as a consultant and director, assisting Wornham as he settles into the new role.
Wornham has a background in banking and government relations. He worked at Wells Fargo for 30 years, and recently served as chairman of the San Diego County Water Authority.
Wornham's "reputation and ability to build quality teams and coalitions to achieve consistently outstanding results has been displayed in banking as well as numerous civic and political organizations," Selwyn Isakow, the bank's chairman, said in the release.