04.27.2009 3:03 pm
First Bank executive quits
St. Louis Post-Dispatch
Robert S. Holmes has resigned as CEO of First Bank, the banking operation of First Banks Inc., according to a company filing with the Securities and Exchange Commission. Holmes was also executive vice president for commercial banking for the First Banks parent company.
Holmes was replaced by Terrance McCarthy, who is also CEO of the First Banks parent company. McCarthy, 54, had been CEO of the bank from 2002 to 2007.
Jim Gallagher is a business reporter, covering banking and finance. He also writes a Sunday column on personal finance. 
Any news on a reason why?
real estate, real estate, real estate…
Not a step in the right direction. First Bank operations and customer service is the worst I’ve ever seen from a bank and they have no excuse for that, being smaller than BoA, Nation’s, etc. McCarthy is a step backward.
Robert Holmes accepted an offer to head Private Bank’s western regional banking unit (per SLBJ)
I used to work for First Bank, and I would have to say that Terry McCarthy is a great guy and will do a wonderful job. They have taken quite a few losses on the Commercial Side and maybe it was time for Mr. Holmes to go anyway.
I think that this was a good thing.