Seacoast in California Creates Chief Operating Officer Post

by Brian Browdie

FEB 25, 2013 9:03am ET

Seacoast Commerce Bank (SCCB) in San Diego has named a new chief operating officer.

The $201 million-asset bank based said Friday that it had promoted David Bartram to the newly created post. Bartram had managed the bank's small-business division.

Bartram's "understanding of not only the SBA program, but of how to develop, grow, and operate a successful financial institution led to this much-deserved promotion," Richard Sanborn, Seacoasts' chief executive, said in a press release. "I look forward to his continued long-term contributions."

Earnings at Seacoast rose 74% in 2012 from a year earlier, to $4 million.

JOIN THE DISCUSSION

Comment

SEE MORE IN

Community Banking

IN PICTURES

Shrinking Branches: How Wells, Umpqua and Bank of West are Downsizing

« »

Branch transaction volumes are dropping but many banks continue to view physical facilities critical to acquiring customers, originating loans and branding businesses: The branches just need a different, lower-cost design.

Wells Fargo (WFC), Bank of the West and Umpqua (UMPQ) are among the banks scaling down branches and eliminating teller windows. Here's a photo sampling of branch concepts that do away with the need for larger real estate.

(Image: Thinkstock)