Southern California Bancorp Announces Executive Leadership Transition

SAN DIEGO–(BUSINESS WIRE)–Southern California Bancorp (the “Company”) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”), announces that the Board of Directors has appointed Executive Chairman David I. Rainer to succeed Nathan Rogge as the President and CEO of the Company and the Bank, effective immediately.

“The board and I are confident that David’s extensive banking experience and success in Southern California banking make him an ideal choice for President and CEO to continue the implementation of the Bank’s commercial banking strategy,” said John Farkash, Chairman Emeritus of Southern California Bancorp and Bank of Southern California. “On behalf of the board and the entire company, I want to express our appreciation for Nathan’s leadership and vision during the last 15 years. He has overseen the growth of the franchise from $50 million to $1.7 billion in assets and really…

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