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BUSINESS
October 28, 1991 | Anne Michaud, Free-lance writer
The warning signs are there when a business begins to fail, but owners are often too close to recognize them, says Thomas R. Timmons. He was a partner with what is now KPMG Peat Marwick and has worked as a specialist in turning around troubled businesses for nine years. He counts among his successes Marine National Bank of Santa Ana. As interim president, he guided the bank back to profitability in 1986 and 1987.
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BUSINESS
February 5, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
Pioneer Bancorp, which has long been squabbling with regulators over its commercial real estate loan portfolio, said Thursday that it has hired Thomas R. Timmons as president and chief executive of the company and its subsidiary, Pioneer Bank. Timmons replaces Richard Boyle, who moved up to the newly created position of vice chairman.
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BUSINESS
February 5, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
Pioneer Bancorp, which has long been squabbling with regulators over its commercial real estate loan portfolio, said Thursday that it has hired Thomas R. Timmons as president and chief executive of the company and its subsidiary, Pioneer Bank. Timmons replaces Richard Boyle, who moved up to the newly created position of vice chairman.
BUSINESS
October 28, 1991 | Anne Michaud, Free-lance writer
The warning signs are there when a business begins to fail, but owners are often too close to recognize them, says Thomas R. Timmons. He was a partner with what is now KPMG Peat Marwick and has worked as a specialist in turning around troubled businesses for nine years. He counts among his successes Marine National Bank of Santa Ana. As interim president, he guided the bank back to profitability in 1986 and 1987.
BUSINESS
June 22, 1986
Thomas R. Timmons of Salt Lake City has been hired as president of Marine National Bank in Irvine. Timmons, 40, a certified public accountant, was president and chief executive officer of the Bank of Utah in Salt Lake City. He previously had been a partner at the national accounting firm of Peat, Marwick, Mitchell & Co. He replaces Donald A. Miller, who resigned last January and now is a vice president at the National Bank of Long Beach.
BUSINESS
September 24, 1987 | James S. Granelli
Mark E. Simmons has been named president and chief executive officer of Marine National Bank, replacing Thomas R. Timmons. Simmons had been executive vice president of the Santa Ana-based bank. He said he plans to increase Marine National's size by focusing more on successful small businesses and professionals. The bank, averaging about $58 million in assets, had a loss of $370,000 last year, according to regulatory records.
BUSINESS
November 5, 1988 | JAMES S. GRANELLI
Citing annual revenue and income growth of more than 40%, the Geneva Cos. in Costa Mesa has elected Arthur D. Perrone Jr. to the newly created position of vice chairman and created two new companies to help with its increasing merger, acquisition and divestiture work, said Chairman Richard M. Rodnick. Perrone had been president of Geneva Business Services, the primary unit that serves the merger and acquisition needs of businesses with up to $100 million in sales.
BUSINESS
July 12, 1994 | JAMES S. GRANELLI, TIMES STAFF WRITER
The main office of failed Pioneer Bank, a fixture in the center of Fullerton for 13 years, reopened Monday as a branch of fast-growing Chino Valley Bank. Customers flowed into the quaint main office, with its wide lobby, open center and mezzanine level of executive offices, but few of the local residents queuing up before eight tellers took all their money out, said D. Linn Wiley, Chino Valley's president.
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