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Senior Management
Robert M. Franko President & Chief Executive Officer
Robert M. Franko is the President, Chief Executive Officer and a director of Beach Business Bank. With the Bank since its inception, he serves on the following committees of the Board of Directors of the Bank: Directors Loan Committee, Management Loan Committee, Management ALCO Committee, Executive Management Committee, Compliance Committee, CRA Committee, and Technology Committee.
Mr. Franko previously held several positions in senior management and on boards of directors of commercial banks including City National Bank, Beverly Hills, California (2002-2003, Senior Vice President, Personal Trust and Investments Division), Generations Trust Bank, N.A., Long Beach, California (1999-2002, President and Chief Executive Officer), First National Bank of San Diego, San Diego, California (2001-2002, Executive Vice President, Chairman of the Executive Committee), Imperial Bancorp and Imperial Bank (NYSE: IMP), serving as Executive Vice President and Chief Financial Officer and the Chairman and Chief Executive Officer of Imperial Trust Company and the President of Imperial Financial Group, Inc., both subsidiaries of Imperial Bancorp, and President and Chief Executive Officer of Springfield Bank & Trust Ltd., Gibraltar (1988-1995).
Mr. Franko is a member of the Board of Directors of The Independent BankersBank (“TIB”) in Irving, Texas. TIB provides certain correspondent banking services to the Bank. The Bank is also a shareholder of TIB.
Mr. Franko graduated with a D.M.D. degree from the Dental School at the University of Pittsburgh and an M.B.A. in International Management from the American Graduate School of International Management (now known as The Thunderbird School of Global Management) in Arizona. He holds an M.A. degree in business management from Central Michigan University and a B.S. degree from the University of Notre Dame. He has also passed the securities license exams as a Principal for General Securities, Options, Municipal Securities and as a Financial/Operations Principal.
Lonny Robinson Chief Financial Officer
Mr. Robinson joined PacTrust Bank as Executive Vice President in November 2012. Immediately before joining PacTrust Bank, Mr. Robinson was Executive Vice President and Chief Financial Officer of Hamni Financial Corp., a $2.8-billion publicly-traded bank holding company, and its subsidiary Hamni Bank. Prior to joining Hamni in October 2011, Mr. Robinson served as Executive Vice President and Chief Financial Officer at each of: Opportunity Bancshares and Opportunity Bank (2010-2011); Western Community Bancshares and Frontier Bank (2010); and Center Financial Corp., a $2.5-billion publicly-traded bank holding company (2007-2010).
Mr. Robinson is a graduate of Westminster College, New Wilmington, PA (BA, 1980).
Thomas LaCroix Executive Vice President & Chief Lending Officer
Thomas LaCroix joined the Bank in June 2007 as Senior Vice President, Chief Lending Officer. Drawing on a 30 year career in community and regional banking, he is responsible for the development and growth of the Corporate Banking Group. His staff offers a superior level of service dedicated to the individual needs of the middle market business client including, but not limited to, various lending and cash management products.
Mr. LaCroix majored in Economics at CSULB and is a graduate of the prestigious Pacific Coast Banking School, at the University of Washington. His previous banking experience includes positions in Loan Administration, a Board Directorship, Directors Loan Committee, and an extensive background in corporate and small business banking.
H. Melissa Lanfre Chief Administrative Officer
H. Melissa Lanfre joined the Bank as its Chief Financial Officer and Senior Vice President with more than 20 years of experience as Chief Financial Officer of a number of institutions in the independent banking community. An accomplished manager and accounting professional, Ms. Lanfre’s depth of experience in finance and accounting was a critical element to the growth and successful business performance of the community banks and bank holding companies she served.
Combining a rare blend of finance/accounting knowledge and operational strengths, Ms. Lanfre achieved significant success with previous organizations in managing both traditional corporate accounting functions and the critical functions of information technology and corporate finance. Prior to joining the Bank, Ms. Lanfre served as Chief Financial Officer, Chief Information Officer and Chief Human Resources Officer. Over her career, she has been responsible for cash management, fixed asset control, financial reporting, state and federal regulatory reporting, compliance reporting, account certification, and human resources and benefit administration. Other significant management responsibilities have included budgeting and strategic planning, investment management, SEC reporting, and Asset/Liability management.
Ms. Lanfre earned her BS in business and MS in accounting from California State University, Northridge, California. She currently serves on several outside boards, including the Board of Directors of The Strategics Group, a management consulting corporation, and More Than Shelter for Seniors, a nonprofit focused on extending the active lives of seniors.
Ms. Lanfre is an active member of the Manhattan Beach community, serving as Treasurer of the Mira Costa Softball Booster Club, a nonprofit which supports the girls’ softball teams at Mira Costa High School and as a regional referee with AYSO, Region 18. Ms. Lanfre is an eighteen year resident of Manhattan Beach, where she resides with her husband and two children.
Ray Vadalma Executive VP & Chief Credit Officer
Ray Vadalma is Executive Vice President and Chief Credit Officer of Beach Business Bank. Ray has over 40 years of banking experience and has served in several key credit and management positions during this period.
Immediately prior to joining Beach Business Bank, Ray served for two years as a consultant for multiple financial institutions in various roles, including Chief Credit Officer, external loan review and special assets. Preceding his consulting practice, Mr. Vadalma served as Senior Vice President/Manager of the West Coast Lending Group of TIB-The Independent BankersBank, where he was responsible for the management and administration of TIB’s lending activities on the West Coast.
Prior to TIB, Ray served almost twenty years in various roles with Imperial Bank, in Inglewood, California. During this tenure with Imperial Bank, Ray served as Senior Vice President/Managing Director in the Syndicated Finance Division, Senior Vice President in the Credit Services Administration and Loan Administration, and acted as a Commercial Loan Officer.
Mr. Vadalma holds a Bachelor of Arts, Finance degree from California State University, Fullerton.
Melissa Rickabaugh Executive Vice President & Senior Operations Officer
Melissa Rickabaugh joined the bank as Senior Vice President and Senior Operations Officer/Cashier with over 25 years of experience in managing bank operations. In her most recent position, she served as the SVP responsible for bank operations at Manufacturers Bank, a $1.1 billion dollar bank headquartered in Los Angeles, California. In this role, she was responsible for managing both the data and item processing functions through outsourcing arrangements, branch operations, centralized deposit and loan operations, international operations and wire transfer, a centralized customer service center, and correspondent banking relationships. She also served as the Bank’s BSA Officer, responsible for overall compliance with the Bank Secrecy Act, USA Patriot Act, and OFAC regulations. Ms. Rickabaugh spent two years in the Planning Department of Manufacturers Bank, participating in the Bank’s strategic planning process, budgeting, and product development, and several years as an Operations Administrator in the Bank’s Commercial Banking Division, where her responsibilities included oversight of branch budgets, human resource administration, and operations/service quality. Prior to joining Manufacturers Bank, Ms. Rickabaugh worked in various branch and administrative operations positions at Crocker Bank, Wells Fargo Bank, and the Bank of California.
Board of Directors
Robert M. Franko President & Chief Executive Officer
Robert M. Franko is the President, Chief Executive Officer and a director of Beach Business Bank. With the Bank since its inception, he serves on the following committees of the Board of Directors of the Bank: Directors Loan Committee, Management Loan Committee, Management ALCO Committee, Executive Management Committee, Compliance Committee, CRA Committee, and Technology Committee.
Mr. Franko previously held several positions in senior management and on boards of directors of commercial banks including City National Bank, Beverly Hills, California (2002-2003, Senior Vice President, Personal Trust and Investments Division), Generations Trust Bank, N.A., Long Beach, California (1999-2002, President and Chief Executive Officer), First National Bank of San Diego, San Diego, California (2001-2002, Executive Vice President, Chairman of the Executive Committee), Imperial Bancorp and Imperial Bank (NYSE: IMP), serving as Executive Vice President and Chief Financial Officer and the Chairman and Chief Executive Officer of Imperial Trust Company and the President of Imperial Financial Group, Inc., both subsidiaries of Imperial Bancorp, and President and Chief Executive Officer of Springfield Bank & Trust Ltd., Gibraltar (1988-1995).
Mr. Franko is a member of the Board of Directors of The Independent BankersBank (“TIB”) in Irving, Texas. TIB provides certain correspondent banking services to the Bank. The Bank is also a shareholder of TIB.
Mr. Franko graduated with a D.M.D. degree from the Dental School at the University of Pittsburgh and an M.B.A. in International Management from the American Graduate School of International Management (now known as The Thunderbird School of Global Management) in Arizona. He holds an M.A. degree in business management from Central Michigan University and a B.S. degree from the University of Notre Dame. He has also passed the securities license exams as a Principal for General Securities, Options, Municipal Securities and as a Financial/Operations Principal.
James H. Gray Chairman
JAMES H. GRAY is Co-Chairman of the Board of the Bank and a director of the Bank. He serves on the following committees of the Board of Directors of the Bank: Directors Loan Committee, Audit Committee, Nominating Committee and Compensation Committee. Mr. Gray is chairman of the Nominating and Compensation Committee. An independent businessman, Mr. Gray has previously served as founder, senior executive and director of several financial institutions in Southern California including First National Bank of San Diego (2001-2002, Chairman of Trust Activities), Generations Trust Bank, N.A., Long Beach, California (1999-2000, Chairman and Chief Executive Officer and director), City National Bank, Beverly Hills, California (1998, Senior Consultant) and Harbor Bancorp and Harbor Bank, Long Beach, California, (1976-1998, Chairman of the Board, Chief Executive Officer and director). Mr. Gray also served as the President of the California Bankers Association (1985-1986) and the Treasurer of the American Bankers Association (1993-1995). Mr. Gray graduated from California State University, Long Beach in 1958 with a B.S. in marketing and received an honorary Doctor of Laws degree from the University in May 2000. He served as a Trustee for the California State University System from 1990-1999 and was honored by the Long Beach Chamber of Commerce as “Entrepreneur of the Year” for 2002 and by the California Bankers Association as “Distinguished Banker of the Year” for 2006.
John W. Hancock
JOHN W. HANCOCK is a director of the Bank. He serves on the Directors Loan Committee. He is President of Bancap Investment Group, a real estate investment development company in the Long Beach area. Prior to Bancap Investment Group, Mr. Hancock had a thirty-year career with Security Pacific National Bank where he held various diversified line and administrative responsibilities principally in Corporate Banking from 1970 until 1974, International Banking from 1974 until 1976, Corporate Finance from 1977 until 1986 and Real Estate Finance until Security Pacific National Bank’s merger with Bank of America in 1992. Mr. Hancock has served on the Board of Harbor Commissioners and has held the office of President for three terms, 1998-1999 and 2002-2004. From 1982 until 2004, Mr. Hancock sat on the Board of Directors for Memorial Health Services, serving as President from 1994 until 1996. He has served on the Board of Trustees for the Memorial Medical Center, the Aquarium of the Pacific, and the Long Beach City College Foundation. Mr. Hancock has served the Long Beach Symphony as President of the Board of Directors from 1991-1994 and President of the LBSO Foundation from 1991-2002. He served on the Board of Directors of Harbor Bank, beginning in 1992 until the Bank was sold to City National Bank, after which he served on the Regional Advisory Board of City National Bank. Mr. Hancock received a Bachelors and Masters of Business Administration from Stanford University and attended Stonier Graduate School of Banking at Rutgers University and the Financial Management Program at Harvard University.
Fred D. Jensen
FRED D. JENSEN is a director of the Bank. He serves on the following committees of the Board of Directors of the Bank: Directors Loan Committee and Audit Committee. Mr. Jensen is chairman of the Audit Committee. He is a director, since 1978, of Advantage Certified Development Company in Long Beach, California. Mr. Jensen is currently retired, but prior to joining the board of directors, Mr. Jensen had a career in banking which spanned over forty years. During his career, Mr. Jensen was the President of five banks: American City Bank (1977-1979); National Bank of Long Beach (1979-1992): Queen City Bank (1994-1995), which was acquired by First Bank of St. Louis in 1995; 1st Bank & Trust (1995-2001); and, most recently, Security Pacific Bank – LA (2001-2007). Beginning in 1989, Mr. Jensen served as a Director of the Federal Reserve Bank, San Francisco, for two terms (1989-1994). Mr. Jensen has served his community as a member of the board of Long Beach Memorial Medical Foundation since 1984, where he also participates on the Finance Committee; the board of the Aquarium of the Pacific; and the board of the Boys and Girls Clubs of Long Beach. Mr. Jensen is a graduate of the University of Washington, Pacific Coast School of Banking.
Daniel R. Mathis
DANIEL R. (DAN) MATHIS is a director the Bank. He serves on the following committees of the Board of Directors of the Bank: Directors Loan Committee, Audit Committee and Compensation Committee. Mr. Mathis is chairman of the Directors Loan Committee. He is a director of Square 1 Financial, Inc. and Square 1 Bank which are headquartered in North Carolina. Mr. Mathis is currently retired, but prior to joining the board of directors, he was the President of two banks that were acquired by merger: First National Bank of San Diego (2001-2002), which was acquired by First Community Bancorp in 2002, and Imperial Bank (1993-2001), the $7.6 billion California-chartered commercial bank headquartered in Inglewood, California, owned by Imperial Bancorp and acquired in 2001 by Comerica Bank. Mr. Mathis has thirty years of commercial bank experience including management of regional and national loan portfolios while holding positions at Union Bank of California, California First Bank and United California Bank.
Michael L. Quick
MICHAEL QUICK is a Director of the Bank. He currently does not serve on any committees of the Board of Directors of the Bank. A practicing orthodontist, Dr. Quick received his DDS degree from the University of Tennessee. He then completed the Masters program in Orthodontics. He owns an Orthodontics practice in Little Rock, Arkansas. In addition to his practice, Dr. Quick is also a real estate investor, and he counsels other healthcare professionals on how to accumulate wealth and successfully conduct their business affairs.
Timothy R. Chrisman
John J. Philips
Steven A. Sugarman
Mr. Sugarman was appointed as a director of the Company on November 1, 2010. He also serves as a director of the Company's subsidiary, Pacific Trust Bank.
Mr. Sugarman is the founder and Chief Executive Officer of COR Capital LLC, a Southern California based investment firm. Previously, Mr. Sugarman founded a $2 billion investment advisory firm focused on public equities and worked as a management consultant at McKinsey & Company and an investment advisor at Lehman Brothers.
Board of Directors - First Pactrust Bancorp, Inc.
Timothy R. Chrisman Chairman
Steven A. Sugarman
Mr. Sugarman was appointed as a director of the Company on November 1, 2010. He also serves as a director of the Company's subsidiary, Pacific Trust Bank.
Mr. Sugarman is the founder and Chief Executive Officer of COR Capital LLC, a Southern California based investment firm. Previously, Mr. Sugarman founded a $2 billion investment advisory firm focused on public equities and worked as a management consultant at McKinsey & Company and an investment advisor at Lehman Brothers.
