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PRESS RELEASE / ANNOUNCEMENTS Wednesday, February 1, 2012

First California expands into Santa Barbara

Names Catharine Manset Senior Vice President and Regional Manager

First California Bank, a wholly-owned a subsidiary of First California Financial Group, Inc., today announced plans to expand its operations into Santa Barbara, an affluent, coastal community in Southern California.


To support the initiative, the company named Catharine E. Manset as Senior Vice President and Regional Manager.

“We believe the Santa Barbara marketplace represents a highly attractive growth opportunity that would welcome a strong, client focused, community business bank,” said C. G. Kum, president and chief executive officer. “First California has the resources and breadth of product offerings to serve a wide range of local area businesses. With more than 25 years of banking experience and widely known and respected in the Santa Barbara market, Catharine is the ideal professional to lead the growth of our business in this community.”

Catharine Manset
Click to enlarge photo

First California Bank

Catharine Manset

“Catharine is a seasoned banker in the Santa Barbara community, with an excellent reputation and following,” said Stacy Peterson, First California Bank’s Market President. “She will be instrumental in supporting our efforts to establish and build First California’s presence throughout Santa Barbara.”

Manset, a Santa Barbara native, most recently served as the Senior Lending Manager for Community West Bank, a Santa Barbara-based community bank. Prior to that, she served as Chief Lending Officer for the California Coastal Rural Development Corporation. Earlier, she held the position of Vice President, Commercial Loan Officer and Branch Manager for Montecito Bank & Trust. Manset began her banking career at Security Pacific Bank, later acquired by Bank of America.

Manset recently served as immediate past president of the Santa Barbara Athletic Round Table and currently sits on the board. She has also been involved with the UCLA Alumni Scholarship Committee for nearly 25 years and has served as a part-time instructor for the University of California, Santa Barbara Extension and Santa Barbara City College. Manset also serves on the Leadership Council for the Special Olympics, Santa Barbara.

Manset earned a master’s degree in business administration from Drake University and a bachelor’s degree in economics and history from the University of California, Los Angeles.

About First California Bank

First California Bank is a wholly-owned subsidiary of First California Financial Group, Inc. (NASDAQ:FCAL). Founded in 1979 and with nearly $2 billion in assets, First California serves the comprehensive financial needs of small- and middle-sized businesses and high net worth individuals throughout Southern California. Led by an experienced team of bankers, First California is committed to providing the best client service available in its markets, offering a full line of quality commercial banking products through 19 full-service branch offices in Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo and Ventura counties. The holding company’s website can be accessed at www.fcalgroup.com. For additional information on First California Bank’s products and services, visit www.fcbank.com.

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