Under the Symbol:
1st Capital Bank Announces Nomination of Thomas E. Meyer to Board of Directors; Date, Time and Location for 2016 Annual Meeting of Shareholders; Record Date for Voting at 2016 Annual Meeting of Shareholders
Friday, April 8, 2016 4:30 PM
MONTEREY, CA / ACCESSWIRE / April 8, 2016 / 1st Capital Bank (OTC Pink: FISB) today announced that the Board of Directors has nominated Thomas E. Meyer, President and Chief Executive Officer, to the slate of directors to be elected at its 2016 annual meeting of shareholders. Mr. Meyer joined 1st Capital on August 10, 2015.
"Tom has proven himself a strong leader, with particularly effective team building skills," commented Kurt J. Gollnick, Chairman of the Board. "Since he joined us last August, the Bank has benefited from his ability to get the best out of our people, creating a results-oriented culture that is consistently delivering increased organic growth."
"Tom came to us with a deep lending background and a focus on community that is an excellent fit with our business plan," added Daniel R. Hightower, M.D., Corporate Governance and Nominating Committee Chairman. "After reviewing his performance over the past seven months, adding Tom to our Board was the obvious next step. We are delighted to make this recommendation."
Mr. Meyer has more than thirty five years of commercial lending and executive management experience, including seven and one half years of service as President and then as Chairman and Chief Executive Officer of Fullerton Community Bank, Fullerton, California. His background includes a wide variety of roles, including Chief Credit Officer, Chief Financial Officer, and Chief Operating Officer. Mr. Meyer earned his Bachelor of Science in Finance from the University of Illinois and his Master of Business Administration with an emphasis in Finance and Accounting from the University of Chicago.
The Bank's 2016 Annual Meeting of Shareholders will be held on Wednesday, June 8, 2016, commencing at 5:30 p.m. Pacific time at Corral de Tierra Country Club, 81 Corral De Tierra Road, Salinas, California 93908. The Bank's shareholders of record on Friday, April 15, 2016 ("Record Date") will be eligible to vote at the 2016 Annual Meeting.
"We look forward to having our shareholders, many of whom are also our customers, join us at our Annual Meeting. It is an excellent opportunity for them to meet Tom, as well as our other directors and officers who assist them in meeting their financial goals," said Mr. Gollnick.
The Bank anticipates mailing its 2016 Proxy Statement in late April 2016 to shareholders of record as of April 15. It also will be available on the Bank's website. Shareholders will be able to vote on the election of directors and other matters contained in the 2016 Proxy Statement by mail or via the internet.
About 1st Capital Bank
The Bank's primary target markets are commercial enterprises, professionals, real estate investors, family business entities, and residents along the Central Coast Region of California. The Bank provides a wide range of credit products, including loans under various government programs such as those provided through the U.S. Small Business Administration ("SBA") and the U.S. Department of Agriculture ("USDA"). A full suite of deposit accounts is also furnished, complemented by robust cash management services. The Bank operates full service branch offices in Monterey, Salinas, King City, and San Luis Obispo. The Bank's corporate offices are located at 5 Harris Court, Building N, Monterey, California 93940. The Bank's website is www.1stCapitalBank.com. The main telephone number is 831.264.4000. The primary facsimile number is 831.264.4001.
Member FDIC / Equal Opportunity Lender / SBA Preferred Lender
This news release is available at the www.1stCapitalBank.com internet site for no charge.
For further information, please contact:
Thomas E. Meyer
President and Chief Executive Officer
Michael J. Winiarski
Chief Financial Officer
SOURCE: 1st Capital Bank