SOUTHERN CALIFORNIA BANCORP ANNOUNCES THE RETIREMENT OF CHAIRMAN EMERITUS AND DIRECTOR JOHN FARKASH
19 Gennaio 2024 - 2:00PM
Southern California Bancorp (“us,” “we,” “our,” or the “Company”)
(NASDAQ: BCAL), the holding company for Bank of Southern
California, N.A. (the “Bank”) announces the retirement of Chairman
Emeritus and Director John Farkash, effective Tuesday, January 16,
2024, due to health reasons. Mr. Farkash was a Founding Director of
the Company in 2002 and served as its chairman for nearly 20 years.
“John Farkash was instrumental in the founding
of our Company and has played a key role in its development for
more than two decades,” said David Rainer, Chairman and CEO of the
Company and the Bank. “We recognize his leadership and thank him
for the valuable counsel and strategic insights he has shared with
us. During his 20-year tenure as chairman, the company grew from a
few million to $1.6 billion in assets, a testament to his vision in
creating a commercial bank to serve the businesses of San Diego
County and Southern California. We sincerely wish him and his
family all the best in his retirement.”
“I am proud to have been a part of building this
outstanding commercial banking franchise,” said John Farkash,
retiring Chairman Emeritus and Director of the Company and the
Bank. “It’s been a privilege and an honor to serve both this
Company and the Southern California business community for more
than 20 years, and I leave confident that there is a bright future
ahead for this organization.”
In addition to his role in building Southern
California Bancorp and Bank of Southern California, Mr. Farkash is
the Founder and President of Farkash Construction, Inc., providing
architecture, interior space planning, construction, real estate
development, and commercial real estate property management to
clients throughout Southern California. He has also been involved
in San Diego’s rural planning issues and continues to oversee the
family real estate portfolio.
ABOUT SOUTHERN CALIFORNIA BANCORP AND
BANK OF SOUTHERN CALIFORNIA, N.A.
Southern California Bancorp (NASDAQ: BCAL) is a
registered bank holding company headquartered in San Diego,
California. Bank of Southern California, N.A., a national banking
association chartered under the laws of the United States (the
“Bank”) and regulated by the Office of Comptroller of the Currency,
is a wholly owned subsidiary of Southern California Bancorp.
Established in 2001 and headquartered in San Diego, California, the
Bank offers a range of financial products and services to
individuals, professionals, and small- to medium-sized businesses
through its 13 branch offices serving Orange, Los Angeles,
Riverside, San Diego, and Ventura counties, as well as the Inland
Empire. The Bank's solutions-driven, relationship-based approach to
banking provides accessibility to decision makers and enhances
value through strong partnerships with its clients. Additional
information is available at www.banksocal.com.
INVESTOR RELATIONS CONTACTKevin
Mc CabeBank of Southern
Californiakmccabe@banksocal.com818.637.7065
Grafico Azioni California BanCorp (NASDAQ:BCAL)
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