MIDWEST
First Financial Bancorp of Hamilton, Ohio, has hired Michael A. Sorrells as the southeastern Indiana market president for First Financial Bank, one of the $3.9 billion-asset company's four bank unit.
Mr. Sorrells was an area president in the same region and a vice president of corporate commercial banking for National City Corp., where he worked for the last seven years.
He has 20 years of financial services experience.
SOUTHEAST
Summit Bank Corp. of Atlanta has hired Thomas J. Flournoy as the chief financial officer and an executive vice president of the company and its $548 million-asset Summit National Bank.
He will begin his new job Tuesday.
Mr. Flournoy had the same title and job at MFB Corp. of Mishawaka, Ind., which owns the $529 million-asset savings and loan MFB Financial. He has 26 years of financial services experience.
WESTSVB Alliant, the investment banking unit of the $4.8 billion-asset Silicon Valley Bancshares of Santa Clara, Calif., has hired Doug Gonsalves to lead its software and services group.
Mr. Gonsalves had been a director of the middle-market mergers and acquisitions group at Merrill Lynch & Co. and a co-head of the group's western United States activities. Earlier he had been the head of Merrill's growth-company banking group in San Francisco.
More recently he was a founding partner of Spartan Group, a boutique investment banking firm in Glendale.
He has 17 years of investment banking experience.
Westcorp, the Irvine, Calif., parent of the $13 billion-asset Western Financial Bank and a subprime automobile-finance subsidiary, WFS Financial Inc., has hired Robert Costantino as its chief operating officer.Mr. Costantino was the president and chief executive officer of Mitsubishi Motors Credit of America Inc. in Cypress.
He joined Mitsubishi in 2002 after 17 years with Volvo Finance North America Inc. and then Volvo Cars of North America LLC. He had been the chief financial officer of both.
Western Sierra Bancorp of Cameron Park, Calif., has hired Patrick J. Rusnack as its chief operating officer and an executive vice president.Mr. Rusnack was an executive vice president of Umpqua Holdings Corp. of Portland, Ore. Before that he had been the chief financial officer and an executive vice president of Humboldt Bancorp of Roseville, which Umpqua bought in July.
Western Sierra Bancorp's four banking units - Western Sierra National Bank, Lake Community Bank, Central California Bank, and Auburn Community Bank - have $1.2 billion of assets.
Columbia State Bank of Tacoma has promoted Michael Drake from vice president to senior vice president.Mr. Drake will remain the retail credit administrator for the $2 billion-asset unit of Columbia Banking Systems Inc., which he joined six years ago.
Before that he had worked for nine years at KeyBank and Puget Sound Bank, which KeyCorp bought in 1993.
