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1st Century Bancshares appoints new chief credit officer

Tue. July 07, 2009; Posted: 09:39 AM
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Jul 07, 2009 (Datamonitor via COMTEX) -- FCTY | Quote | Chart | News | PowerRating -- US-based 1st Century Bancshares, the holding company of 1st Century Bank, has appointed Robert Moore as a new executive vice president and chief credit officer.

Mr Moore has returned as the bank's executive vice president and chief credit officer. He held that position when the bank opened in March 2004.

He retired the following year and was simultaneously named to the bank's board of directors and was appointed as chairman of the board of directors' loan committee in which capacities he has served continuously.

Mr Moore has previously served as the chief credit officer of City National Bank from 1992 to 2002. His earlier experience was at Security Pacific National Bank, Union Bank, and Wells Fargo Bank.

He replaces Donn Jakosky who served as the executive vice president and chief credit officer since September 2006.

Alan Rothenberg, chairman of the board of directors of 1st Century Bank, said: "Because of the bank's position as one of the best-capitalized banks in the region, we have been seeing excellent new customer opportunities as a result of the dislocation occurring in other financial institutions. Having someone of Bob Moore's unique talent and experience will give us a major advantage in evaluating and underwriting new customer relationships."

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