Capital Bank, a Division of Seacoast Commerce Bank, Announces the Hiring of Donald L. Solsby, Senior Vice President and Orange County Regional Commercial Banking Manager

SAN JUAN CAPISTRANO, Calif., Oct. 24, 2017 -- Capital Bank, a division of Seacoast Commerce Bank, a wholly-owned subsidiary of Seacoast Commerce Banc Holdings (OTC Pink:SCBH) today announced the hiring of Donald L. Solsby as Senior Vice President and Orange County regional commercial banking manager.  Mr. Solsby is a 40+ year financial services veteran with an extensive background in all aspects of banking including business development, commercial lending, middle-market banking, and executive management, for several Orange County banks.

Capital Bank, a Division of Seacoast Commerce Bank

“We are extremely honored and excited to have Don join us at our Capital Bank division.  He is an accomplished senior banking executive with a proven track record of getting results.  His strengths in team building, attracting top talent, developing new business, managing key relationships, and representing the company in the community are second to none.  There is no better banker to have on your team than Don and we are fortunate to have him with us,” stated Richard M. Sanborn, President and Chief Executive Officer. 

Mr. Solsby is a member and former Treasurer of the Newport Harbor Yacht Club, and is Treasurer and Board Member of the Cystinosis Research Foundation.  Past affiliations include the Orange County Boy Scouts of America Council; The Executive Committee (TEC); former Board President and Treasurer of the Orange County Council on Aging, California Bankers Association, and a founding member of the Pacific Club in Newport Beach.  Mr. Solsby can be reached at (949) 322-7996 or [email protected].

About Seacoast Commerce Banc Holdings:  Seacoast Commerce Banc Holdings is a bank holding company with one wholly-owned banking subsidiary, Seacoast Commerce Bank, which includes Capital Bank, a division of Seacoast Commerce Bank.  Both the holding company and the bank are headquartered in San Diego, California, with the Bank having full-service banking branches in Encinitas, National City, San Diego and San Juan Capistrano, California, and loan production offices in San Diego, Orange County, Los Angeles, Sacramento and San Ramon, California; Phoenix, Arizona; Denver, Colorado; Portland, Oregon; Las Vegas, Nevada; Austin, Dallas and Houston, Texas; and Bellevue, Washington.  For more information on Seacoast Commerce Banc Holdings, please visit www.scbholdings.com; to learn more about Seacoast Commerce Bank, visit www.sccombank.com, or contact Richard M. Sanborn, President and Chief Executive Officer at (858) 432-7001.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank’s business, and the intent, belief or current expectations of the Bank, its directors or its officers, are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such “forward-looking” statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank’s performance and regulatory matters.