Jim Glines to Retire as CEO of Community Bank of Santa Maria

SANTA MARIA, Calif. - Dec. 12, 2014 - PRLog -- Community Bank of Santa Maria has announced that James D. Glines plans to retire as Chief Executive Officer on December 31, 2014.  Jim was co-founder and the original President and Chief Executive Officer of the bank when it opened for business on March 1, 2001.  He successfully lead the bank from de novo status in 2000, to opening with one branch in 2001, to a three branch operation with over $200,000,000 in assets today.

Although retiring as Chief Executive Officer, Jim will remain active in the bank and will be appointed Chairman of the Board effective January 1, 2015.  He will retain a desk in the bank and continue to work in marketing, business development, and community relations.  He will also be available to mentor young bankers in their career development.

The bank’s current Chairman of the Board, William A. Hares, will be retiring on December 31, 2014.  Also a co-founder of the bank, Bill was the original Chairman of the Board when the bank opened on March 1, 2001.  He served in that capacity since formation in 2000 through today.  Bill will continue to serve on the Bank’s Board of Directors as Chairman Emeritus and Chairman of the Executive Committee.

The bank’s current President and Chief Operating Officer, Janet Silveria, will be appointed Chief Executive Officer, replacing Jim Glines, effective January 1, 2015.  Janet started with Community Bank of Santa Maria during its formation in 2000.  She originally served as the bank’s Chief Financial Officer and was appointed President and a member of the Board of Directors in August, 2012.  Janet attended Mt. San Antonio and Allan Hancock Colleges, and is a graduate of Western States Banking School in Reno and Pacific Coast Graduate Banking School at the University of Washington in Seattle.

Janet is a Distinguished Past President of the Kiwanis Club of Santa Maria, current Treasurer for Kiwanis for Kids, Inc., and currently serves on that board.  She also is a member of the Board of Directors of VTC Enterprises and Santa Maria Valley Humane Society.  She proudly volunteers for CASA of Santa Barbara County as a Court Appointed Special Advocate.  Janet was awarded a Silver Dunlap from Kiwanis International, and has been named in the Pacific Coast Business Times’ ‘Top 50 Women in Business’ in 2013 and 2014.

Janet took up residence in Santa Maria in 1983, when she went to work for Bill Hares and Jim Glines at Bank of Santa Maria.  The three veteran bankers have worked together for over 30 years. “That won’t change”, stated Silveria. “I look forward to receiving continued guidance and support from Jim and Bill”.  Janet emphasizes that she will be following the business plan developed for the bank during its formation, because she helped construct it.  Glines said “the succession at Community Bank of Santa Maria is the result of long-term planning by the bank’s board.  This was not an abrupt move; it was handled carefully over several years”. With all three bankers retaining executive positions at Community Bank of Santa Maria, it is expected they will continue to act in a cohesive fashion, resulting in consistent strategies for the bank.