MONTEREY, CA -- (Marketwired) -- 06/13/13 -- 1st Capital Bank (OTCQB: FISB) (the "Bank") today announced that the Board of Directors has unanimously approved the appointment of Jon D. Ditlevsen as the Bank's Executive Vice President and Chief Lending Officer. Mr. Ditlevsen recently joined the Bank. In his new position, Mr. Ditlevsen will be responsible for teaming with the Directors, Senior Officers, and Relationship Managers to source loans for the Bank. He will also manage the Bank's loan pipeline, ensuring that the Bank's clients continue to receive the superior level of service for which the Bank has become well-known.
Mr. Ditlevsen is a veteran California banker, with over thirty-five years of financial institution experience, including working at community, regional, and national banks. He has served the Bank's primary market area and adjacent counties for many years. Over his career, Mr. Ditlevsen has worked in a variety of credit and lending related capacities, including most recently as Central Coast Regional Manager for a major national bank. Mr. Ditlevsen earned an undergraduate degree from San Jose State University and has pursued ongoing education throughout his career with emphases in leadership, sales management, and credit underwriting. Mr. Ditlevsen has been active in local community groups on an ongoing basis, with a focus on education and health related organizations.
Commenting on the appointment, Mark Andino, the Bank's President and Chief Executive Officer, stated: "Jon has been a prominent local banker along the Central Coast for many years. We are excited to have him join the 1st Capital Bank executive team. He shares our commitment to furnishing each client with truly customized financial solutions and building long term relationships. Jon will work hand in hand with Dale Diederick, the Bank's Chief Credit Officer, in further enhancing our outreach throughout Monterey and adjacent counties as we seek to continue growing the Bank."
Kurt Gollnick, the Bank's Chairman of the Board, added: "The directors were pleased to learn that Jon desired to join the Bank. His work on behalf of organizations such as the United Way, American Red Cross, and Alzheimer's Association is consistent of the Bank's commitment to making a positive difference in the local communities that we serve. Jon also enjoys an excellent reputation with his clients, many of whom he has served for a decade or more. We look forward to Jon's leadership in loan solicitation and production."
Mr. Ditlevsen stated: "Upon learning of the Chief Lending Officer position opening at 1st Capital Bank, I welcomed the opportunity to join the executive management team. Since its inception, the Bank has been known for its commitment to helping local professionals and businesses achieve their financial objectives, while at the same time providing a level of concierge service that stands out in the marketplace. Having the opportunity to work with various members of the Bank's team over the years at prior financial institutions, I look forward to rejoining these highly skilled banking professionals."
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