July 25, 2011

Superior Bank, a $3 billion community bank based in Birmingham, Ala., has named Sam Tortorici as its new chief executive officer. Tortorici comes to this new position after more than 24 years with Regions Bank, a financial institution with $132 billion in assets. While there, he served as executive for commercial and industrial banking, as well as president of the bank's central region, which included Alabama, Georgia and South Carolina. In addition, he has overseen sales and service across a variety of banking business lines.

"Sam is a proven leader, well known in banking circles both in the Birmingham, Ala. region and throughout the Southeastern U.S.," said Paul Murphy, chairman of Superior Bank and CEO of Community Bancorp, Superior's parent company, in a news release. "He brings extensive banking experience from the local market, and we share a common vision of exceeding customer expectations and for being an employer of choice. Sam will help us make this vision a reality for both the customers and the communities we serve today and will serve in the future. We are delighted to have him join our organization."

Superior Bank has had a flurry of new executive appointments since its acquisition in mid-April by Houston-based holding company Community Bancorp. Other recent hires include General Counsel Jerry Powell, Chief Credit Officer J. Cameron Terry, Director of Human Resources Fred Martin, Special Assets Group Manager Doug Staley, Director of Retail Delivery Dann Lee and Director of Compliance Tricia Bellamy.

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