California's 1st Capital Taps New Chief Credit Officer

There is a new chief credit officer at 1st Capital Bank (FISB) in Monterey, Calif.

Dale Diederick, 1st Capital's senior credit officer, is set to take over the new role, the $329 million-asset company said Thursday. Diederick, the company's senior credit officer since 2011, has held executive roles, including chief credit officer and chief risk officer, at other California banks over his 35-year career, 1st Capital said in a press release.

Geoff Loftus, who has been the company's chief credit officer for about six years, is resigning on April 5 to pursue another opportunity.

Earlier this month, 1st Capital named Mark Andino as its permanent chief executive. He had held the post on an interim basis since CEO Fred Rowden died last November.