Premier Valley Bank Announces Leadership Transition

December 4, 2023 | Article | 3 min | Newsroom

President & CEO, Lo B. Nestman, accepts executive leadership role with parent company. Head of Commercial, David Triplitt, named new President and CEO.

        Lo B. Nestman

Fresno, California – December 5, 2023 – Premier Valley Bank (PVB), a division of HTLF Bank (Heartland Financial USA, Inc., NASDAQ: HTLF), announced that Lo B. Nestman, President and CEO, has accepted a position with HTLF as Head of Retail, Marketing, Wealth Management and Private Banking.

“Lo has delivered significant growth and provided leadership on numerous successful initiatives across the organization since joining the bank in April 2019,” said Bruce K. Lee, President and CEO of HTLF. “We’re thankful for his years of dedication and leadership and congratulate him on this exciting new step in his career.”

        David Triplitt

PVB’s Head of Commercial, David Triplitt, has been named the bank’s new President and CEO. He’s successfully led the Commercial Banking team at PVB for more than two years and brings over 30 years of banking experience and relationships in the Central Valley to the role.

“David is a great asset to the bank, our customers and the community,” said Nestman. “We are excited about the local knowledge, passion and dedication he brings to the role. Under David’s leadership, Premier Valley Bank will continue to deliver Strength, Insight and Growth to our customers across California.

About Premier Valley Bank

Premier Valley Bank, a division of HTLF Bank, is a local bank with assets of more than $1 billion. The bank provides an enhanced banking experience for customers through a suite of sophisticated banking products and services tailored to their needs while delivering high-quality, relationship-based customer service from locations ranging from the Sierras to the Coast. HTLF Bank is a Member of the FDIC and an Equal Housing Lender. For more information, visit www.premiervalleybank.com or call 877.280.1863.

About HTLF

Heartland Financial USA, Inc., is a Denver, Colorado-based bank holding company operating under the brand name HTLF, with assets of $20.1 billion as of September 30, 2023. HTLF's banks serve communities in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Wisconsin. HTLF is committed to its core commercial business, supported by a strong retail operation, and provides a diversified line of financial services including treasury management, wealth management and investments. Additional information is available at www.htlf.com.