CalPrivate Bank names Andra Frazier as chief credit officer

Private Bancorp of America, Inc. (NASDAQ: PBAM), the parent company of CalPrivate Bank, announced the appointment of Andra Frazier as Executive Vice President and Chief Credit Officer of the bank, according to a press release dated Aug. 17, 2026.

Frazier brings experience from regional and community banks to the role. Rick Sowers, President and Chief Executive Officer, said in the statement: "Her background and experience fit nicely with our credit and risk management culture."

As of June 30, 2026, the company reported $2.71 billion in assets, $2.13 billion in loans, and $2.38 billion in deposits. For the quarter ended June 30, 2026, net income was $13.1 million, with earnings per diluted share of $2.27.

CalPrivate Bank operates offices in Coronado, San Diego, La Jolla, Newport Beach, El Segundo, Beverly Hills, and Montecito, California.

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