On Thursday, November 5, Plaza Bank hosted a spectacular grand opening event at Cucina Enoteca in Del Mar to celebrate the new San Diego Regional Business Center.

On Thursday, November 5, Plaza Bank hosted a spectacular grand opening event at Cucina Enoteca in Del Mar to celebrate the new San Diego Regional Banking Center.

Grand Opening of Plaza Bank’s New San Diego Regional Banking Center

Plaza Bank has opened its new regional banking center in San Diego, located in the Highlands Corporate Center at 12750 High Bluff Drive.

The new center, which officially opened September 22, serves Plaza Bank’s growing client base throughout the San Diego business region. It is Plaza Bank’s eighth location throughout Southern California and Las Vegas. Plaza Bank specializes in traditional business banking services, commercial lending, and SBA financing.

“As we continue our rapid growth serving small business communities, we are excited to announce Plaza Bank’s expansion into the San Diego area,” said Gene Galloway, President and CEO of the Bank.

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Plaza Bancorp Announces 2015 Third Quarter’s Financial Results (unaudited)

IRVINE, CA – October 27, 2015: Plaza Bancorp (PLZZ) (the “Company”), the holding company of Plaza Bank (the “Bank”), reported net income for the third quarter of 2015, the first full reporting period after the merger with Manhattan Bancorp, of $2.1 million, or $0.07 per diluted share. The Company’s annualized return on average assets and return on average equity for the quarter ended September 30, 2015 were 0.82% and 8.30%, respectively.

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Mark Beatty, George Beatty, and Colin Hooper

Mark Beatty, George Beatty, and Colin Hooper

Client Closeup: Survival Systems

As its name suggests, Survival Systems International (SSI) is in the business of saving lives. The company’s flagship product, a high-performance lifeboat capsule designed specifically for workers on offshore rigs and platforms, has been used in more than 60 emergency evacuations, safely rescuing more than 2,000 people.

“Those numbers are unparalleled in the industry,” said George Beatty, owner and president of the company. “Not that we’re in the business to set records, but that speaks to the superior design and performance of our products, which is something we’re very proud of.”

Not only are SSI’s capsules critical in emergency evacuations, but due to their built-in design features and structural strength for safer recovery in the water, they also are used for training. “We now have more than 2,000 units in service in the offshore regions of 30 countries worldwide,” said Beatty, who has worked in the business since 1972.

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Plaza Bancorp receives ticker symbol PLZZ

Plaza Bancorp, the parent company of Plaza Bank, received its stock ticker symbol, PLZZ, from FINRA on Friday, October 2, 2015, after the close of business. The stock will trade in the OTC Market. The link for a price quote is www.otcmarkets.com/stock/PLZZ/quote.

For further information, please contact John Shindler, our Chief Financial Officer at jshindler@plazabank.com.



Client Closeup: Ranch & Coast Plastic Surgery

Dr. Paul Chasan is not your ordinary physician. The well-known Southern California plastic surgeon is also a savvy business man, keeping busy with his practice—Ranch and Coast Plastic Surgery—while owning the state-of-the-art building he and other tenants occupy.

Located in the affluent city of Del Mar, just a few miles away from Plaza Bank’s new San Diego branch, Ranch and Coast Plastic Surgery is committed to providing the highest quality of surgical expertise and professional care to both local and out-of-town patients.

“We’re dedicated to the finest in the art of plastic surgery,” said Chasan, who in 1995 founded the practice, which now employs multiple physicians and associates. “We also want to have one of the most beautiful, welcoming facilities with state-of-the-art equipment, to ensure we’re offering our patients the best possible experience and results.”

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Client Closeup: GRACEDBYGRIT

Kimberly Caccavo and Kate Nowlan came up with their business idea while on a jog a few years back, and they literally have been running with it ever since. The result is a successful women’s athletic apparel company that continues to expand its brand and retail presence around the globe.

“We talked about how our friends regularly complained about the lack of choice in high-performance, flattering workout gear, especially for running and water sports,” recalled Caccavo, an avid runner and swimmer who is coached by Nowlan. “We knew that with our combination of athletic expertise and business experience, we formed a powerful team.”

So the pair of entrepreneurs set out to design clothing that combined form, function, and fashion, inspiring peak performance whether on land or in water. Reflecting on their personal life-changing moments, Caccavo and Nowlan appropriately named their company GRACEDBYGRIT.

“Every woman has a gritty moment that could make or break her,” Nowlan said. “It’s how we make it through those moments that define us. It’s realizing that grit often is what gives us grace.”

Incorporated in January 2013, GRACEDBYGRIT designed, manufactured, and began selling its first collection in September that same year. Headquartered in Solana Beach, an affluent city in San Diego County, GRACEDBYGRIT is ideally positioned to serve Southern California’s steady population of active girls and women—“from ages 9 to 99,” Caccavo claimed.

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Fast Track: A Micro Loan for your Small Business

Entrepreneurs seeking small loans may benefit from the Fast Track Program. A quick and streamlined approval process makes this option ideal for newer businesses that do not have an extensive operating history.

Lending Highlights

  • $5,000 to $150,000
  • Minimum of 1 year in business
  • $500 to cover documentation and processing expenses
  • For small businesses in Southern Nevada and Southern California

Irvine: (949) 502-4300
Las Vegas: (702) 853-4700


Plaza Bank makes SNL’s list of 100 top-performing banks of 2014 with assets between $500M and $5B

SNL Financial is the premier provider of breaking news, financial data and expert analysis on business sectors critical to the global economy such as banking.

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