Press Releases
San Diego Source
Michael S. Hahn
President and COO, Pacific Coast National Bank
Wednesday, September 7, 2005
Pacific Coast National Bank opened its doors on May 16 in Encinitas and San Clemente with a handpicked group of highly experienced bankers and $22.8 million in capital, far exceeding the $17 million goal.
Pacific Coast offers a broad range of commercial and consumer banking services targeted to small and medium-sized businesses, professionals and individuals. Offering local ownership and control allows the bank to provide customized solutions through personalized service and experienced leadership.
The 28 directors and organizers of Pacific Coast National Bank represent the best of their respective fields -- education, pharmaceutical, banking, construction, engineering, real estate -- and are proud to establish a bank that meets the needs of individuals and businesses in South Orange County and North San Diego County regions.
The board of directors chose Michael S. Hahn as president and chief operating officer because of his 22-year banking career in San Diego and Orange County. He knows the value of both customer and employee loyalty and the importance of maintaining these relationships.
Hahn has also been extremely active as a community leader serving as a board member on local nonprofit boards. He has been a member of Rotary International since 1985 and has twice served as a president.
The bank's executive team represents combined experience of 120 years of successful bank management expertise, creating managerial talent fully capable of meeting the demands of today's competitive banking environment.
In addition to Hahn, the executive team consists of Colin M. Forkner, chief executive officer, Richard W. Grinyer, executive vice president and chief credit officer and Terry A. Stalk, executive vice president and chief financial officer.
Forkner has more than 40 years commercial banking experience. He has held many senior executive positions with Security Pacific Bank, Bank of California, and Northern Trust. Forkner is a successful businessman and entrepreneur with significant leadership and P&L responsibility on behalf of major and start-up financial institutions. In 2001, he founded California First National Bank with $20 million in capital and attained profitability in 17 months.
Grinyer has more than 30 years of commercial banking experience. Throughout his banking career, he has developed strong credit and administrative skills while managing several regional offices. He has held senior management positions with Union Bank, El Dorado Bank, and California Bank & Trust. Grinyer began his career with Bank of America in 1976.
Stalk is a veteran banker of more than 31 years. Her banking career has focused on financial management and strategic planning activities. Stalk has worked for American International Bank, Pacific Western Bank and most recently Hawthorne Savings. At Hawthorne Savings, a $2.2 billion dollar institution, she is credited with successfully re-organizing and managing their treasury function.
For more information, visit www.pacificcoastnationalbank.com.
