PASADENA, Calif.--(BUSINESS WIRE)--The Board of Directors of Community Bank announced today that David R. Misch has been appointed as the Bank’s Chief Executive Officer (CEO). Community Bank is an independent business bank with 17 business centers located throughout Los Angeles, San Bernardino, Riverside, Ventura and Orange counties.
Mr. Misch brings more than 30 years of banking and finance experience to Community Bank, including CEO and various other executive positions at The Private Bank of California, BNY Mellon Wealth Management, Mellon 1st Business Bank and Mellon Bank NA.
Under his leadership, The Private Bank of California’s assets more than doubled bringing the bank’s total assets to $700 million. The loan portfolio also grew from $172 million to $375 million. Mr. Misch was responsible for restructuring and rebuilding the bank’s operations and credit policy leading the bank’s growth and solid risk profile.
“His broad experience and focused approach will be a tremendous asset for Community Bank,” said Doug McEachern, the Bank’s Chairman of the Board. Misch added, “I am very excited to assume the CEO responsibilities at Community Bank and look forward to leading the growth of this already well-established and successful bank in 2014 and beyond.”
Community Bank is an independent and family-owned regional business bank with assets of $3.3 billion and 17 locations throughout Southern California: Anaheim, Burbank, Commerce, Corona, Fontana, Glendale, Huntington Beach, Irvine, Ontario, Pasadena, Redlands, Santa Clarita, Santa Fe Springs, South Bay, Ventura, West Los Angeles and Woodland Hills. Founded in 1945, Community Bank offers a suite of financial services and a unique Partnership Banking® approach to help its clients grow and succeed. For more information, visit www.cbank.com.