AltaPacific Bancorp in Santa Rosa, Calif., has promoted its chief operating officer to a bigger role.
The $380 million-asset company said in a press release Wednesday that Frank Basirico had become its president, succeeding Charles Hall, who remains CEO.
Basirico, who joined AltaPacific in 2009, became COO last year. He joined AltaPacific's board in May.
Basirico had a brief stint as CEO of Temecula Valley Bancorp in 2008 and 2009. That company recently agreed to sell itself to AltaPacific for $16 million.
Basirico "has been essential to the strategic development and implementation of the company's merger and acquisition program, de novo branch expansion, recruitment of experienced and established bankers, and solid organic growth," Hall said in the release.