Summit Bank Announces Brian Thomas Promoted to Senior Vice President and Commercial Banking Team Lead

Rhea-AI Summary

Summit Bank (OTC Pink: SBKO) has promoted Brian Thomas to Senior Vice President, Commercial Banking Team Leader for its Portland and Southwest Washington teams. CEO Craig Wanichek stated that Thomas is well-suited to help expand the bank's business in these regions. With over 13 years of experience in commercial lending, Thomas will focus on building relationships with local businesses and nonprofits. Summit Bank specializes in personal banking and was recognized as the Top SBA Community Bank Lender in Oregon in 2021.

Positive

• Promotion of Brian Thomas to Senior Vice President, enhancing leadership in commercial banking.
• Thomas brings over 13 years of experience in commercial lending, which can strengthen client relationships.
• Recognition as the Top SBA Community Bank Lender in Oregon in 2021 reflects the bank's strong market position.

Negative

• None.

PORTLAND, Ore.--(BUSINESS WIRE)-- Summit Bank (OTC Pink: SBKO), a leading independent community bank, announced today that Brian Thomas has been promoted to Senior Vice President, Commercial Banking Team Leader for the bank’s Portland and Southwest Washington Team. The announcement was made by Craig Wanichek, Chief Executive Officer and President of Summit Bank.

“Brian has a passion for working with local business owners and nonprofits to help them exceed their financial goals,” said Wanicheck. “He is the ideal leader to help us continue to expand our business throughout the Portland and Southwest Washington area.”

Thomas has more than 13 years of experience in commercial lending with a focus on local manufacturers, wholesalers, distributors, and professional service providers. He brings a depth of experience with complex owner-occupied and investor real estate transactions and will take a key role in building out the bank’s community-based business, commercial real estate, and manufacturing client base.

A graduate of the University of Oregon, Thomas is active in the community as a volunteer and leader. In 2019, he participated in the Rotary Club of Portland’s U40 Program. He is also a graduate of the Oregon Bankers Association Executive Development Program and is scheduled to begin the Pacific Coast Banking School this fall.

About Summit Bank

Summit Bank Group Inc., through its wholly owned subsidiary Summit Bank, is a leading independent community bank providing outstanding service to professionals and businesses within various industries including manufacturing, healthcare, public entities, and nonprofits. With offices in Eugene, Central Oregon, and downtown Portland, Summit Bank specializes in high-touch personal banking and local decision-making. Summit Bank Group Inc. is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. In 2021, Summit Bank was named the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon, and in 2022, has been named to Oregon Business Magazine’s Top 100 Best Places to Work.

For more information, go to: sbko.bank.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220524005342/en/

Craig Wanichek, CEO & President, 541.684.7533

Source: Summit Bank

FAQ

Who has been promoted at Summit Bank (SBKO)?

Brian Thomas has been promoted to Senior Vice President, Commercial Banking Team Leader.

What is the stock symbol for Summit Bank?

Summit Bank is traded under the stock symbol SBKO.

What is Brian Thomas's experience in commercial banking?

Brian Thomas has more than 13 years of experience in commercial lending.

What recognition did Summit Bank receive in 2021?

In 2021, Summit Bank was named the Top Small Business Administration (SBA) Community Bank Lender in Oregon.