Lighthouse Bank in Santa Cruz, Calif., has brought back one of its co-founders to become its president.

The $176 million-asset bank said in a press release that Jon Sisk had become its president on Monday. Sisk, who helped form the bank in 2007, previously served as director of real estate and construction lending at the $524 million-asset Santa Cruz County Bank.

Lighthouse also promoted Lane Lawson to CEO in a move it had announced last year. Lawson has been the bank's chief credit officer since 2007.

Sisk and Lawson succeeded Richard Hofstetter, who plans to retire this year. Hofstetter had been Lighthouse's president and CEO since its founding.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.