Nasdaq-listed First PacTrust Bancorp, the holding company for Pacific Trust Bank and Beach Business Bank, has added a number of senior staff to its financial team.

Ronald Nicolas took over as executive vice president and chief financial officer of First PacTrust on November 5, after a period of acting as a consultant to the firm. He replaced Marangal Domingo, who resigned following the filing of the firm’s Q2 results. It made a net loss applicable to common shareholders of $1.076 million for the period.

Meanwhile, Lonny Robinson is joining as executive vice president and chief financial officer of Pacific Trust Bank, effective November 14. Previously, Domingo was CFO of both First PacTrust and Pacific Trust – a role which has now been split. Robinson was latterly CFO of Hamni Financial Corporation, a publicly-traded bank holding company, and its subsidiary Hamni Bank.

Finally, the firm has appointed Craig Naselow as executive vice president, treasurer and chief investment officer of First PacTrust and PacTrust Bank. He was previously senior vice president, treasurer and investment executive at Aris Development Company.

California-based First PacTrust Bancorp is set to acquire The Private Bank of California, based in Century City, and merge it with its Beach Business Bank subsidiary. The combined unit will ultimately be renamed The Private Bank of California. The boards of directors of all companies involved have approved the transaction, which is valued at $50 million and expected to close during the second quarter of 2013.

First PacTrust is due to announce its third quarter results after the market closes on November 8.