Newport Beach banker Tom L. Dobyns has been named the new chief executive officer of Mission Community Bank after longtime leader and founder Anita Robinson was reassigned last week by its board of directors.
The leadership change is occurring as Mission positions itself for expansion across California’s Central Coast and Central Valley.Dobyns most recently served as president and CEO of American Security Bank in Newport Beach. “His proven success in directing profitable banks and his motivational approach will be very well received,” said James Lokey, CEO and chairman of the board of Mission Community Bancorp, the bank’s holding company, in a recent news release.
Mission executives were unavailable for interviews.
Dobyns began his career almost 40 years ago as a teller, commercial lender and branch manager at Bank of America. He then moved into executive positions at First Interstate Bank of California, Great Western Bank, Home Savings of America and American Security Bank.
Robinson, who founded Mission Community Bank in 1997, is now president and CEO of Mission Community Development Corp., a subsidiary of the bank that focuses on community redevelopment and lending.
The bank is hoping to grow agricultural lending and financing for small- and medium-sized businesses under Dobyns’ leadership.
In June, Mission announced the acquisition of the financially troubled Santa Lucia Bancorp of Atascadero with the help of the Carpenter Fund, an Irvine-based private equity firm that owns an approximate 90 percent share of Mission. The acquisition was completed in October, and the banks are in the process of integrating.
“Having just completed the acquisition of Santa Lucia Bank, we are poised for profitable long-term growth,” Dobyns said in the news release.
Mission Community Bank, with headquarters in San Luis Obispo, also has locations in Atascadero, Paso Robles, Arroyo Grande, Santa Maria and Oxnard.