Baylake Bank of Sturgeon Bay, Wis., has hired Joseph L. Hoffmeyer as its president and chief operating officer.

Mr. Hoffmeyer was a senior vice president and managing director of the First Bank wealth management group in St. Louis. At First Bank he helped transform the trust department into a wealth management unit. Before that he was a regional vice president for the Midwest region at TIAA-CREF. Earlier he was a national sales director for TIAA-CREF Trust Co.

Baylake Bank has $1 billion of assets.


 PrivateBancorp Inc. of Chicago has hired Dwayne H. Bass and Andrew J. Thornton as managing directors of PrivateBank Chicago's private clients group.

Mr. Bass was an assistant vice president and private banker at National City Bank. Before that he held a similar position in the wealth management group at LaSalle Bank.

Mr. Thornton was a vice president and wealth adviser for the wealth management group at Cole Taylor Bank. Before that he was a vice president at Northern Trust Corp. and National City Bank.

PrivateBancorp has $9.1 billion of assets.


 First Michigan Bank of Troy has hired C. Ann Moody as a managing director.

Ms. Moody was a senior loan officer for JPMorgan Chase & Co. in Bloomfield Hills. Before that she was a senior vice president and senior loan officer at Republic Bank. Earlier she worked in support services at McKesson Corp. and the University of Michigan. She brings a team of people with her from JPMorgan Chase to help the $51m million-asset First Michigan create mortgage services.

WESTPresidio Bank of San Francisco has hired Steve Heitel as its president.

Mr. Heitel, who will also join the bank's board of directors, was the president and chief executive officer of Mid-Peninsula Bank in Palo Alto, Calif. Before that he was the president and CEO of San Jose National Bank. Earlier he was an executive vice president at Cupertino National Bank. The $202 million-asset Mid-Peninsula and Cupertino National are subsidiaries of Greater Bay Bancorp.

Robert B. Leet, a Presidio vice chairman, had been its interim president since June.


 California Republic Bank of Newport Beach has announced the retirement of Robert Bulseco, its chief executive officer.

Mr. Bulseco has been the CEO of the $157 million-asset California Republic since 2007, when he came out of retirement to help the bank get started. Before that he was an executive vice president at EastWest Bank, where he had worked since 2001 when it bought his previous employer, Prime Bank. He had been the president, chief financial officer, and a director of Prime since 1998.

Jon Wilcox, the president and chief operating officer, will be the interim CEO in the interim. Patrick Allen, a director of the bank, will take over as president and COO.

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