Ash Patel

Ash Patel

 CEO, PRESIDENT, COMMERCIAL BANK OF CALIFORNIA

WHY: Banker for more than three decades in OC. Successfully founded and sold California United Bank. Took current role, 2013, when bank’s assets stood at $250M. Now tops $1B.

RECENT:

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Said in April bank expected to issue $200M in PPP loans, which is about a fivefold increase from its annual production of SBA loans.

QUOTABLE: On surpassing $1B: “It’s a big deal. It’s a target for economies of scale. When you go to a billion, there are a whole bunch of new controls, audits. Banks always have this dilemma.”