Welcome to our dedicated page for Exchange Bank news (Ticker: EXSR), a resource for investors and traders seeking the latest updates and insights on Exchange Bank stock.
Exchange Bank (OTC: EXSR) is a full-service community bank headquartered in Sonoma County, California, and founded in 1890. This news page aggregates company-issued updates and announcements so readers can follow how the bank communicates about its operations, people, and community role. Because Exchange Bank operates in commercial banking and provides personal, commercial, and trust and investment management services, its news often highlights both financial performance and regional engagement.
Visitors can expect earnings announcements, such as quarterly results where the bank discusses net income, net interest income, non-interest income, loan growth, deposit trends, liquidity, and capital ratios. These releases provide insight into Exchange Bank’s balance sheet, loan portfolio composition, and funding mix, as well as commentary on asset quality and regulatory capital levels.
The news flow also includes dividend declarations by the Board of Directors on common stock outstanding. These updates often note that a significant portion of cash dividends is directed to the Doyle Trust, which funds the Doyle Scholarships at Santa Rosa Junior College, illustrating how shareholder distributions connect to educational philanthropy.
In addition, Exchange Bank regularly publishes leadership and personnel announcements, including appointments and promotions in branch management, commercial lending, marketing, finance, and risk management. These stories emphasize employee development, community involvement by key staff, and alignment with the bank’s values of commitment, respect, integrity, and teamwork.
Readers interested in a community-focused financial institution with a regional footprint in Sonoma County, Roseville, Marin County, and Silicon Valley can use this page to follow Exchange Bank’s reported financial results, dividend actions, and organizational developments over time.
Exchange Bank reported strong Q1 2025 financial results with net income of $5.6 million, up from $4.9 million in Q1 2024. The bank's performance showed notable improvements with a net interest margin increase to 2.73% and non-interest income growth of 12%.
Key highlights include paying off $100 million in Federal Reserve borrowing, maintaining strong liquidity of $965.3 million (29.48% of total assets), and a robust total risk-based capital ratio of 19.58%. Total assets stood at $3.27 billion, with deposits increasing by $79.1 million year-over-year to $2.89 billion.
The loan portfolio remains healthy at $1.61 billion, with commercial real estate loans comprising 40.1%. About 75.5% of deposits were FDIC-insured. The bank's book equity grew by 19.3% to $301.1 million, demonstrating solid financial stability and growth.
Exchange Bank (OTC: EXSR) has partnered with FHLBank San Francisco to award an $800,000 grant to the Dry Creek Rancheria Band of Pomo Indians for affordable housing development. This represents the largest grant ever delivered by Exchange Bank.
The funding will support sustainable and accessible housing solutions for the tribal community, aiming to provide safe and secure housing for tribal members. The grant was made possible through voluntary funding from FHLBank San Francisco, which supports affordable housing and economic development across Arizona, California, and Nevada.
Exchange Bank (OTC: EXSR) has announced the appointment of Jessica Dominguez as assistant vice president and branch manager at their St. Francis location in Santa Rosa, CA. Dominguez, who joined the bank in 2018, brings diverse banking experience to her new role.
Starting as a Relationship Banker at the Dutton branch, she later worked with the Trust and Investment team before moving to the Windsor branch in 2023. She maintains active involvement in community service through various organizations, including Windsor Rotary and the Windsor Chamber of Commerce. Dominguez also serves on the membership committee for the Sonoma County Women's Professional Group and participates in the Exchange Bank softball team as a pitcher.
Exchange Bank has appointed Ivette Celedon as vice president and branch manager of their Petaluma office at 453 North McDowell Blvd. Celedon brings over 18 years of experience in business and consumer banking, having previously served as Branch Manager at the St. Francis office.
A Petaluma native and 2024 graduate of Leadership Petaluma, Celedon started her banking career as a teller before advancing through various leadership positions. She is actively involved in community service, volunteering with organizations like Redwood Empire Food Bank, 10,000 Degrees, and Casa Grande High School Project Grad. She also manages private indoor soccer teams and serves on the board of North Coast Futbol Club.
Exchange Bank has announced the appointment of Barry Friedman to its Board of Directors. Friedman, currently serving as President and CEO of Friedman's Home Improvement, represents the third generation of leadership at the locally owned home improvement retailer that has served the North Bay and North Coast since 1946.
As CEO since 2013, Friedman brings extensive community leadership experience, serving on the Executive Committee Board of the North Bay Leadership Council, Community Board of Providence Santa Rosa Memorial Hospital, and as Chairperson of PSRMH's Community Benefit Committee. He holds a Business Degree from Lewis & Clark College.
The appointment strengthens Exchange Bank's board oversight capabilities, focusing on operations, long-term growth, stability, and regulatory compliance. Friedman's Home Improvement has been a long-standing Exchange Bank client, highlighting the strategic alignment between both organizations in supporting local businesses and community development.
Exchange Bank (OTC: EXSR) has announced the appointment of Bahar Ozgur as Vice President and Commercial Relationship Manager. In her new role, Ozgur will focus on strengthening commercial lending customer relationships and aligning branch and commercial banking efforts to support the bank's strategic growth in the North Bay and San Francisco areas.
Ozgur joins Exchange Bank with extensive commercial banking experience, previously serving as VP, Lead Commercial Banking Relationship Manager at another financial institution. She holds a bachelor's degree in economics from Hunter College and an MBA in Finance from Pace University's Lubin School of Business.
Exchange Bank (OTC: EXSR) has appointed Holly Hawkins as Senior Vice President and Chief Human Resources Officer. In her new role, Hawkins will be responsible for developing and executing human capital strategy aligned with the bank's business plan and strategic direction.
Hawkins joins Exchange Bank with extensive HR leadership experience across various sectors including wine industry, not-for-profits, and financial services. She previously served as SVP, Human Resources at Vintage Wine Estates, Inc. A lifelong Sonoma County and Windsor resident, Hawkins brings expertise in developing strategies that translate to hands-on leadership, planning, and execution.
Exchange Bank has announced its first quarter cash dividend of $1.30 per share on common stock. The dividend will be distributed on March 21, 2025, to shareholders recorded as of March 7, 2025.
A significant portion of the dividend, approximately $1.12 million (50.44%), will be allocated to the Doyle Trust, which provides funding for Doyle Scholarships at Santa Rosa Junior College.
Exchange Bank (OTC: EXSR) has appointed Suzanne Knowlton as vice president and director of marketing and community relations. In her new role, Knowlton will oversee all marketing, communications, and community relations activities aligned with the bank's strategic priorities.
Knowlton brings significant experience from community-based financial institutions, having worked at Monterra Credit Union (2019-2024) and Redwood Credit Union (2014-2019). Her expertise includes digital marketing, content creation, brand management, and public relations. A Sebastopol resident, Knowlton has demonstrated community involvement through board positions with the Sequoia Awards, Monterra Community Fund, Chops Team Club, and the Sebastopol Area Chamber of Commerce.
Exchange Bank (OTC: EXSR) reported net income after taxes of $8.8 million in Q4 2024 and $23.85 million for the full year 2024, up from $20.19 million in 2023. The bank's liquidity remains strong at $676.17 million (20.50% of total assets), with available borrowing capacity of $998.34 million.
Key financial metrics include: loan growth of 1.5% year-over-year to $1.62 billion, strong loan quality with nonaccrual loans below 0.70%, and a total risk-based capital ratio of 19.43%. The bank released $5.80 million of allowance for credit losses in Q4. Net interest income decreased 10.20% to $81.26 million in 2024, primarily due to increased funding costs.
Total assets were $3.30 billion, with deposits remaining stable at $2.83 billion. The investment portfolio stood at $1.36 billion, with approximately 75.86% of deposits fully FDIC insured.