Pan Pacific Bank Names Eric J. Hall to Board of Directors

CFA and partner at FLG Partners, LLC joins amid exponential growth for Bay Area bank

SAN JOSE, Calif.--()--Pan Pacific Bank (OTCBB:PPFC) today announced that Eric J. Hall, chartered financial advisor and partner of FLG Partners, LLC, has joined its board of directors.

Hall has over 30 years of experience serving as president, chief operating officer and chief financial officer for a variety of public and private companies during his career, including his most recent role as a partner and CFO at McKenna Capital/mc3 ventures. Prior to joining the venture capital fund, Hall was founder and CEO of the Archer Group, and a partner at Technology Perspectives and David Powell – FSD. In addition to his vice president and portfolio manager roles at Wells Fargo Bank, Hall has also worked at Amdahl Corporation and Arthur Andersen & Co., where he began his career.

“We are delighted to have Eric’s deep global experience in finance, venture capital, banking, treasury and investment management on our growing board,” said Pan Pacific Bank CEO Wayne Doiguchi. “Our bank navigated 13 consecutive profitable quarters, and our entire team is confident that Eric’s experience will help support further success and expansion.”

Hall added: “Community banks fill needs for the small business owner and consumer that money center banks do not address. I feel it is important for our local and national economies to have strong community banks to ensure the needs of small business owners and consumers are met. Serving on the board of Pan Pacific Bank provides me an opportunity to give back to a community that has been generous to me.”

Hall holds an MBA in finance from Vanderbilt Owen Graduate School of Management and a B.A. in economics from the University of California at Davis. He is a member of the CFA Institute and CFA Society of San Francisco. He also serves as a member of the alumni board for the Owen Graduate School of Management and a chair emeritus of the board of directors for the Vascular Cures Foundation.

About Pan Pacific Bank

Founded in 2005 with locations in downtown San Jose and Fremont, Pan Pacific Bank is a Bay Area business bank serving small and mid-sized businesses across the region. We provide an unparalleled banking experience delivered by a knowledgeable, accomplished executive team with deep local roots and extensive banking experience. We help our clients expertly navigate changing financial landscapes and market conditions.

Pan Pacific Bank is also an approved SBA/USDA lender. For more information, please visit: www.panpacificbank.com.

Forward-Looking Statements

This release may contain forward-looking statements, such as, among others, statements about plans, expectations and goals concerning growth and improvement. Forward-looking statements are subject to risks and uncertainties. Such risks and uncertainties may include, but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, including the real estate market in our primary service area and more generally in California and other factors beyond the Bank’s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management’s view only as of the date hereof. Pan Pacific Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

Contacts

For Pan Pacific Bank
Brenda Patterson, 440-623-9581

Contacts

For Pan Pacific Bank
Brenda Patterson, 440-623-9581