Bank of Smithtown in New York has hired Michael Spolarich as a vice president in its loan department.

Spolarich was a loan officer with Bridgehampton National Bank. Before that he held a similar position with First National Bank of Long Island.

The bank also announced the resignation of Tom Stevens, who worked with its construction portfolio and had been executive vice president and chief commercial officer since 1997. Before that he had been a vice president and commercial loan officer since 1994. Bank of Smithtown has $2.6 billion of assets.


PrivateBancorp Inc. of Chicago has promoted David E. Harwell to managing director of commercial banking for PrivateBank in Norcross, Ga.

Harwell has worked for the $12.1 billion-asset PrivateBank since 2002. Before that he was an independent small-business banker at First Union National Bank, which Wachovia Corp. bought in 1998. Earlier he was a credit manager at Norwest Bank, which Wells Fargo & Co. bought in 1990.

The company hired Michael T. Hopton as an associate managing director of commercial banking in the Alpharetta branch.

Hopton was a senior vice president and commercial banker at First Citizens Bank and Trust Co. Inc., which bought his previous employer, Georgian Bank, in September.

Integra Bank Corp. of Evansville, Ind., announced that Raymond D. Beck, its executive vice president, chief credit and chief risk officer, will retire Dec. 31.

Beck joined the $3.2 billion-asset company in 2006. Before that he worked for National City Bank as a senior officer in the credit department. Earlier he worked for U.S. Bank as a senior credit administration officer and special assets division manager.

John W. Key will succeed Beck in all positions, pending regulatory approval. He is an executive vice president and the head of commercial banking for Indiana.

State Bank of Cross Plains in Wisconsin has promoted Jan Patrick Hogan to president and chief executive officer.

Hogan will also become an executive vice president, the secretary and a member of the board of directors for the bank's parent, SBCP Bancorp Inc. He has been a director of SBCP Investment Corp. since March and the chief operating officer and senior executive vice president of the $710 million-asset bank since January. Before that he had been the executive vice president of commercial banking since 2000.

SBCP Bancorp Inc. announced the retirement of Charles Saeman, State Bank's president since 2000. He will become chairman of the board of the bank and chairman and president of the company.


Community Bank of the Bay in Oakland, Calif., has hired Robert Gionfriddo as the president of the Silicon Valley region.

Gionfriddo had been a director, executive vice president and the president of specialty markets for Bridge Bank since 2001. Before that he had been a vice chairman and executive vice president of Heritage Bank, which he co-founded in 1994. Earlier he was been an executive vice president and director of corporate marketing at Plaza Bank of Commerce.

Community Bank of the Bay has $71 million of assets.

FirstFed Financial Corp. of Santa Monica, Calif., announced that its chief executive, Babette Heimbuch, will retire Dec. 31.

Heimbuch has also resigned as chairman of the board of both the $6.1. billion-asset company and its First Federal Bank of California. She had been chairman of the bank since 2002 and of the company since 2000, as well as CEO of both since 1997. Before that she had been the chief operating officer since 1989. She was appointed as a director of the company in 1987 and had been a director of the bank since 1996. She joined the bank in 1982 as a senior vice president and the chief financial officer.

James Giraldin, the company's president and chief operating officer, will succeed Heimbuch as CEO.

Giraldin has been chief operating officer since 2007 and a director of the company and bank since 2002. He joined both in 1992 as chief financial officer.

Brian Argrett, who has been an independent director since 2006, will succeed Heimbuch as chairman.

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