SAN DIEGO, June 14 – First Business Bank N.A. (OTC Bulletin
Board: FBBN) has announced that the bank will change its name to
Bank of Southern California
effective Monday, June 28, 2010.
Nathan Rogge, President and Chief
Executive Officer of First Business Bank, said, "The process of
selecting a new name has given us an opportunity to revisit our
vision to be the best business bank in Southern California and to refine our branding
and positioning for further growth. The name Bank of
Southern California provides a
strong identity for future expansion.
"Our name will change," Rogge added, "but we remain committed to
serving the banking needs of the local San Diego business and professional community
as well as our clients' personal banking needs. The new name
reinforces our dedication to delivering exceptional, personalized
service to each of our clients throughout the vibrant Southern California region."
Rogge said the name change resolves trademark issues with a bank
in the Midwest that also carries the name First Business Bank.
Rogge noted that the company's website address will be changed
from www.fbbank.com to www.banksocal.com on June 28. The trading symbol for the
company's common stock will remain FBBN. He added that there
will be no changes in the bank's ownership, management or
operations as a result of the name change.
First Business Bank, which operates offices in Del Mar, Carlsbad and Ramona, had $124.5
million in assets as of March 31,
2010.
Established in 2001, First Business Bank is locally owned and
managed and committed to meeting the financial needs of small and
medium-sized companies that make up San
Diego's vibrant business community. Seasoned bankers,
with an average of 21 years' experience, work one-on-one with
clients to understand their unique needs and then utilize a full
range of business and personal banking services to develop
customized banking solutions that contribute to the growth and
success of their business. First Business Bank remains one of
the strongest, best-capitalized banks in Southern California, with a growing asset base
and loan portfolio. For more information, please visit
www.fbbank.com or call (858) 847-4780.
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Media
Inquiries:
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Rica Lindsey, First
Business Bank 858-847-4782
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Dan Peoples, Peoples
& Company 858-552-1456
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SOURCE First Business Bank N.A.