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First Banks in St. Louis has promoted an executive to chief operating officer and has made two additional promotions.
August 28 -
Bank of Stockton in California has agreed to acquire three California branches of from First Banks in Clayton, Mo, according to The Record in Stockton.
July 10 -
First Banks Inc. in St. Louis said that Terrance McCarthy will retire as president and CEO on Feb. 13. McCarthy will also step down from the board. Timothy Lake, president and CEO of banking unit First Bank, will succeed McCarthy.
November 4
First Banks in Clayton, Mo., has announced that Chairman James Dierberg's son will succeed him, marking the fourth generation of the Dierberg family to lead the company.
The $5.9 billion-asset company said Michael Dierberg will become chairman on Jan. 1. The younger Dierberg is currently vice chairman of both the holding company and First Bank.
"My father's exceptional leadership of First Bank spans the course of five decades," Michael Dierberg said in a Nov. 2 press release. "He helped build the bank from a single branch in Creve Coeur, Missouri, to over 100 locations today spanning several states."
Calls to First Banks were not returned.
Michael Dierberg has been vice chairman since 2012. He has previously worked as First Banks' general counsel, and has also been an attorney for the Office of the Comptroller of the Currency and with the Justice Department. Michael Dierberg was 44 in March, at the time of First Banks' annual report.
James Dierberg, who was 77 in March, has been a director since 1979, was president from 1979 to 1992 and again from 1994 to 1999, and has been chairman since 1988. He will remain on the board after his retirement as chairman.
The announcement is the latest of several moves in the executive ranks at First Banks. In August, Shelley Seifert was
In February, Terrance McCarthy