Here’s a press release from Horizon about the resignation of Steven L. Hoekstra, head of commercial lending operations. It’s an area that has been severely curtailed because of its recent overall lending troubles:
Horizon Financial Corp. (Nasdaq:HRZB), the bank holding company for Horizon Bank (“Bank”), today reported that the Bank has accepted the resignation of Steven L. Hoekstra, Executive Vice President and Chief Lending Officer, on November 13, 2009. Hoekstra was responsible for the Bank’s commercial lending operations from June 2002 to the present. The members of the current management have assumed the duties of this position.
Horizon Financial Corp. is a $1.30 billion, bank holding company headquartered in Bellingham, Washington. Its primary subsidiary, Horizon Bank, maintains a regional banking presence that has been serving customers for 87 years, and operates 18 full-service offices, four commercial loan centers and four real estate loan centers throughout Whatcom, Skagit, Snohomish and Pierce Counties in Washington.