Banking Veteran Marshall V. Laitsch Joins Board of 1st Pacific Bancorp

SAN DIEGO, Calif. — 1st Pacific Bancorp (NASDAQ: FPBN), the parent of 1st Pacific Bank of California, announced today the appointment of Marshall V. Laitsch as a director of 1st Pacific Bancorp and 1st Pacific Bank. A seasoned Southern California banking veteran, Marshall Laitsch has over thirty-five years of experience in community and regional banking in Southern California. Mr. Laitsch began his banking career immediately after serving in the United States Army. He has held numerous executive level positions throughout his banking career including serving as President and Chief Executive Officer of Sunwest Bank in Orange County, California and Pacific Century Bank in Los Angeles and Orange County. Most recently Mr. Laitsch held the position of President and Board Director for the Southern California Division of Placer Sierra Bank.

Mr. Laitsch is a graduate of Western Illinois University with a MBA degree in Finance and BA degree in Business Administration, Management and Accounting.

Chairman of the Board, President and CEO Ronald J. Carlson stated, “Marshall’s business experience and knowledge of the community banking industry is a tremendous asset and will be invaluable to us as we continue to grow our bank. He is a welcome addition to our team.”

About 1st Pacific Bancorp

1st Pacific Bancorp is the holding company for 1st Pacific Bank of California, San Diego’s leading local business bank. The bank offers a full complement of business products and services to meet the financial needs of professional firms, small- to mid-sized businesses, their owners and the people who work there. 1st Pacific Bank has a total of eight banking offices located in San Diego County: in the University Towne Center area, the Tri-Cities area of Oceanside, Mission Valley, the Inland North County, El Cajon, La Jolla, Solana Beach and downtown San Diego.

For additional information, visit the company’s website at http://www.1stpacbank.com .

[tags]1st Pacific Bancorp, Marshall V Laitsch[/tags]

About Aria Munro

ABOUT THE EDITOR: Aria C. Munro works in the book publishing industry and has been a content editor for the Neotrope News Network since 2004. Her black video iPod is most often shuffling Invader Zim episode vids and Thomas Dolby or Dead Can Dance tunez.

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