IRVINE, CA--(Marketwire -04/25/12)- Plaza Bank (PLZB.OB - News) added to its strong business banking and real estate team with the hiring of commercial lending expert Chuck Miller as a vice president handling real estate finance in Northern California.
"The demand for our lending to small and midsized businesses continues to grow," said Gene Galloway, President and CEO of the Irvine-based Plaza Bank. "Chuck has a long record of success in Northern California and he'll make our real estate lending team even stronger."
Mr. Miller had an extensive background working as a commercial broker before he moved into commercial lending, with experience over the last 15 years working for both large and community banks in Northern California. In that time, he funded loans worth $296 million on properties valued at nearly $400 million.
His focus will be centered in the San Francisco Bay Area helping business owners who are becoming first-time purchasers of commercial real estate, expanding their holdings, moving to larger facilities, or who want to refinance their current properties.
"In the commercial real estate world, you have to be able to guide a transaction from its inception through its conclusion," Mr. Miller says. "I know just how important it is to stay personally involved and to provide every bit of follow through for every project from beginning to closing."
"Chuck has the experience and expertise," Mr. Galloway said, "to work with any commercial real estate project, no matter how complicated. A lot of people are good at parts of a transaction, but Chuck has proven his skill and diligence at every step."
About Plaza Bank
Plaza Bank is full service community bank serving the business and professional communities in California and Las Vegas, Nevada. The bank is committed to meeting the financial needs of small to middle market businesses and professional firms with loans for working capital, equipment and owner-occupied commercial real estate financing and a full array of cash management services. Our bankers are experienced, professional and knowledgeable. For more information, visit www.plazabank.net or call Gene Galloway at (949) 502-4309.
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Bank, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Bank's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Bank conducts its operations; changes in interest rates; new litigation or changes in existing litigation; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Bank's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.
- Chuck Miller
- Northern California