First Choice Bancorp, the holding company for First Choice Bank, announced the appointment of Steve Tsoflias as Senior Vice President of First Choice Bank, reporting to President & CEO Robert Franko.

Tsoflias has 30 years of banking and commercial finance experience. During his career, he has originated and/or underwritten in excess of $1.2 billion in transactions for institutional and entrepreneurial owners. His deal experience consists of commercial real estate transactions for office, retail, self-storage, industrial, hospitality and multi-family; loan structures including amortizing mini perm loans, bridge loans and mezzanine financing; and commercial finance transactions such as working capital lines of credit, cash flow, asset-based loans for the purpose of DIP, acquisition financing, and refinancing of turnarounds.

Tsoflias has also managed a team of underwriters. While working in the banking industry, Tsoflias created and managed a 1031 Exchange Department. Additionally, he created a small commercial finance company which he subsequently sold in 2017.

“Steve brings a wealth of experience to the First Choice Bank team. We are very happy to welcome him knowing that our clients are in good hands,” said Franko. “Steve shares the same passion for community growth and success as all of us here at the Bank and will be a tremendous asset in serving our customers.”