Mission Bank Opens New Loan and Deposit Production Office in North San Luis Obispo County

Rhea-AI Summary

Mission Bank (OTCQX:MSBC) opened a new Loan and Deposit Production Office in Templeton, serving North San Luis Obispo County and the California Central Coast. The office focuses on commercial and Ag lending, led by banker Mark Pearce and a dedicated relationship and credit team.

Mission Bank, founded in 1998 in Bakersfield, reports growth to $2 billion in assets and operates additional locations in Lancaster, San Luis Obispo, Shafter, Ventura, Visalia, and Westlake Village.

Positive

• New Templeton loan and deposit production office expands Central Coast footprint
• Focus on commercial and Ag lending in North San Luis Obispo County
• Experienced leader Mark Pearce brings 30+ years of commercial banking experience
• Mission Bank reports growth to $2 billion in assets
• Additional locations across California support regional business banking model

Negative

• None.

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BAKERSFIELD, Calif., July 1, 2026 /PRNewswire/ -- Mission Bank has expanded operations in the California Central Coast with the opening of a new Loan and Deposit Production Office located in the North San Luis Obispo County city of Templeton.

Led by Mark Pearce, with Relationship Managers Katie Crocker and Sarah Kramer, and Credit Analysts Lauren Pickard and Kristin Kemp, the team is focused on building commercial and Ag Lending relationships.

"This is a tremendous opportunity for us," says Ag Division Manager Rob Hallum. "We have great relationships up and down the coast, but now we have the team to provide more support and services to the growers and business owners in the SLO County region and beyond."

Pearce has over 30 years in the commercial banking industry and is excited to bring his knowledge and expertise to Mission. "It's great to be with a bank that is business oriented and customer focused," says Pearce. "My approach to banking is rooted in building long-term relationships with customers and helping them grow and become successful.  Mission Bank shares that same philosophy."

Mission Bank was founded in 1998 in Bakersfield and has since grown to $2 billion in assets with additional locations in Lancaster, San Luis Obispo, Shafter, Ventura, Visalia, and Westlake Village.  Mission Bank President and CEO AJ Antongiovanni says the Bank's success can be found in its culture.

"Our business model is centered around high-touch customer service," says Antongiovanni. "Our Relationship Managers and Business Bankers provide a direct, single point of contact for each business owner and decisions are made by the local team.  We are excited to welcome Mark and the entire group to Mission!"

About Mission Bancorp

Mission Bancorp is the parent holding company of Mission Bank and Mission Bank 1031 Exchange.  Headquartered in Bakersfield California, with locations in Bakersfield, Shafter, Lancaster, Ventura, Westlake Village, San Luis Obispo and Visalia, Mission is currently $1.9 billion in total assets serving local business owners, professionals, and organizational leaders throughout California.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mission-bank-opens-new-loan-and-deposit-production-office-in-north-san-luis-obispo-county-302816249.html

SOURCE Mission Bank

FAQ

What did Mission Bank (MSBC) announce about its new Templeton office on July 1, 2026?

Mission Bank announced the opening of a new Loan and Deposit Production Office in Templeton, serving North San Luis Obispo County. According to Mission Bank, this office expands its California Central Coast presence and targets commercial and Ag lending customers in the region and beyond.

Where is Mission Bank's new Loan and Deposit Production Office located and what markets will it serve?

The new Mission Bank Loan and Deposit Production Office is located in Templeton, in North San Luis Obispo County. According to Mission Bank, the team will focus on serving growers and business owners across the SLO County region and the broader California Central Coast market.

Who leads Mission Bank's new Templeton office and what experience do they bring for MSBC clients?

The Templeton office is led by Mark Pearce, supported by relationship managers and credit analysts. According to Mission Bank, Pearce has over 30 years in commercial banking and emphasizes long-term, relationship-based lending to help business and agricultural clients grow and succeed.

How large is Mission Bank (MSBC) following the opening of the Templeton office?

Mission Bank reports it has grown to $2 billion in assets alongside its geographic expansion. According to Mission Bank, it now operates locations in Bakersfield, Lancaster, San Luis Obispo, Shafter, Ventura, Visalia, Westlake Village, and the new Templeton production office.

What is Mission Bank's business model and service approach for Central Coast borrowers?

Mission Bank describes a business model centered on high-touch customer service and local decision-making. According to Mission Bank, relationship managers and business bankers provide a direct single point of contact, with credit decisions made by the local team serving each business owner.

How does the new Templeton office support Mission Bank's agricultural lending strategy?

The Templeton office is positioned to build Ag lending relationships with growers in SLO County and nearby areas. According to Mission Bank, its dedicated team will provide more support and services to agricultural clients across the California Central Coast, complementing existing coastal relationships.