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Published date: Aug. 25, 1995
Company name: First National Bank
Address: 401 W. A St.
San Diego, Calif. 92101
Telephone No.: 619/233-5588
Chief Executive Officer: F. David Hare
Chief Financial Officer: Denise S. Iverson
Industry: Financial services/banking
Company description: First National Bank is an independent, locally based community business bank founded in 1981. Locations in downtown San Diego, downtown La Jolla and the Golden Triangle provide a full range of banking services, including corporate lending, cash management services, real estate and construction financing, trust services, private banking services, SBA loans, home equity financing and mortgage loan services.
Total assets at June 30, 1995, were $155 million. The bank is well-capitalized with a total risk-based capital ratio in excess of 10 percent.
The bank recently announced the signing of a definitive agreement with a group of private investors which will replace the current controlling ownership group. With this new backing, the bank plans to expand through internal growth and potential acquisitions.
First National Bank specializes in providing high-quality, personalized client service. Account officers work closely with clients to understand their businesses, recognize their needs and help structure credit facilities and other banking services that make sense and meet their needs.
CONTACT: First National Bank, San Diego