One day Scott Carpenter was a the top executive in charge of middle- market lending at Security Pacific National Bank, where he courted the Fortune 500. The next, he was chairman of a bank whose $29 million in equity capital was half his old loan limit, and whose typical customer had $5 million in annual sales.

And Mr. Carpenter made the change voluntarily.

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.