Bridge Capital Holdings Reports Financial Results for the Second Quarter Ended June 30, 2007

Second Quarter Net Income Increases 48% Year-Over-Year, Return on Average Assets and Average Equity Reach 1.57% and 22.09%, Continued Strong Net Interest Margin


SAN JOSE, CA--(Marketwire - July 19, 2007) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, one of the fastest-growing full-service business banks in California and the nation, today announced financial results for the second quarter and six months ended June 30, 2007.

The Company reported net income of $3.0 million, or $0.43 per diluted share, for the three months ended June 30, 2007, the Company's highest quarterly net income to date. This represented an increase of $1.0 million, or 48%, compared to net income of $2.0 million, or $0.29 per diluted share, in the same period one year ago. Net income for the six months ended June 30, 2007 was $5.4 million, or $0.78 per diluted share, an increase of $1.4 million, or 37%, compared to $4.0 million, or $0.58 per diluted share, for the first six months of 2006.

"Our strong quarterly performance continues to reflect the benefit of diversity in our business lines and effective execution by our professional business bankers," said Daniel P. Myers, President and Chief Executive Officer of Bridge Capital Holdings and Bridge Bank. "We continue to believe that we are well positioned to benefit from the many positive economic developments in the markets we serve. The economic recovery in Silicon Valley economy is driving commercial and technology based business development as well as an improving commercial real estate market. In addition, the ongoing consolidation among larger commercial bank competitors in our region continues to create opportunities to expand our banking network and further develop our resources."

Second Quarter Highlights

--  Net income of $3.0 million for the second quarter of 2007 represented
    an increase of $1.0 million compared to $2.0 million for the second quarter
    of 2006.
    
--  Growth in average earning assets produced an increase in net interest
    income of 29%, or $2.7 million, compared to the same period one year
    earlier.
    
--  Net interest margin for the second quarter of 2007 remained strong at
    6.75%.
    
--  Resolution of nonperforming loans resulted in a decrease in
    nonperforming assets of $5.0 million to $425,000 at June 30, 2007, compared
    to $5.4 million at March 31, 2007.
    
--  Non-interest income increased $1.5 million to $2.6 million in the
    second quarter of 2007 from $1.1 million in the second quarter of 2006,
    driven, in part, by the sale of an $11.0 million portfolio of the un-
    guaranteed portion of SBA loans.
    
--  Total assets increased $122.2 million to $763.8 million as of June 30,
    2007 compared to $641.6 million on the same date one year earlier.
    
--  Return on average assets and return on average equity of 1.57% and
    22.09%, respectively, for the second quarter of 2007 increased from 1.42%
    and 18.76%, respectively, for the second quarter of 2006.
    

Net Interest Income and Margin

Earnings growth was driven primarily by growth in net interest income. Net interest income of $11.9 million for the quarter ended June 30, 2007 represented an increase of approximately $2.7 million, or 29%, over $9.2 million reported for the same quarter one year earlier and was primarily attributed to growth in average earning assets of $182.3 million, or 35%, compared to the same quarter in 2006. The Company's loan-to-deposit ratio, a measure of leverage, averaged 87.28% during the quarter ended June 30, 2007, which represented a decrease compared to an average of 91.74% for the same quarter of 2006.

For the six months ended June 30, 2007, net interest income of $22.9 million represented growth of $5.1 million, or 29%, over $17.8 million for the first six months of 2006. For the six month period, growth in average earning assets was the primary driver of growth in net interest income. Average earning assets were $673.7 million compared to $511.1 million for the same period one year earlier. The Company's average loan-to-deposit ratio for the six months ended June 30, 2007 was 88.20% compared to 91.49% for the same period one year earlier reflecting slightly faster growth in deposit funding relative to loan growth.

Increases in short-term interest rates have also contributed to growth in net interest income as the interest rate earned on a majority of the Company's loan portfolio adjusts with the prime rate. As such, the nature of the Company's balance sheet is that, over time as short-term interest rates change, income on interest earning assets has a greater impact on net interest income than interest paid on liabilities. The Company's prime rate averaged 8.25% and 8.25%, respectively, in the quarter and six months ended June 30, 2007 compared to 7.89% and 7.66%, respectively, in the same periods one year earlier.

The Company's net interest margin for the quarter and six months ended June 30, 2007 was 6.75% and 6.85%, respectively, declining slightly from 7.05% and 7.02%, respectively, in the same periods one year earlier as a result of growth in the volume of average interest bearing liabilities and decreased balance sheet leverage.

Non-Interest Income

The Company's non-interest income for the quarter and six months ended June 30, 2007 was $2.6 million and $3.9 million, respectively, compared to $1.1 million and $2.2 million, respectively, for the same periods one year ago. Non-interest income is primarily comprised of gains realized on sales of SBA loans, and the increase in non-interest income primarily reflects a higher volume of SBA loan sales in 2007. During the quarter and six months ended June 30, 2007, the Company sold SBA loans totaling $31.2 million and $56.5 million, respectively, compared to $12.8 million and $27.3 million, respectively, for the same periods during 2006. The SBA loans sold during the second quarter of 2007 included $11.3 million of un-guaranteed loans.

Net interest income and non-interest income comprise total revenue of $14.5 million for the three months ended June 30, 2007 compared to $10.3 million for the same period one year earlier, representing an increase of $4.2 million, or 41%. For the six months ended June 30, 2007, total revenue of $26.8 million represented an increase of $6.8, or 34%, over $20.0 million for the first six months of 2006.

"Our performance continued to show strength in key operating measures for the first half of 2007," said Thomas A. Sa, Executive Vice President and Chief Financial Officer of Bridge Capital Holdings and Bridge Bank. "Net interest margin, though down from the first quarter of 2007, remains strong at 6.75% and is positioned to benefit from increasing leverage. The loan-to-deposit ratio was down slightly in the second quarter as core deposit growth outpaced loan growth. In addition, for the first time we sold a portion of the un-guaranteed SBA loan portfolio accomplishing the dual goals of supporting second quarter performance and rebalancing credit risk. The results again highlight the benefit of diversity in our mix of business lines as we execute our model."

Non-Interest Expense

Non-interest expense was $8.4 million and $16.3 million for the quarter and six months ended June 30, 2007, respectively, compared to $6.6 million and $13.0 million, respectively, for the same periods in 2006. The increase in non-interest expense was primarily due to an increase in salary and benefits expense associated with the Company's expansion. Salary and benefits expense for the quarter ended June 30, 2007 was $5.3 million, an increase of $1.1 million over $4.2 million in the same period of 2006. Salary and benefits expense for the six months ended June 30, 2007 was $10.3 million, an increase of $2.2 million over $8.1 million in the same period of 2006. As of June 30, 2007 the Company employed 161 full-time equivalents (FTE) compared to 123 FTE on the same date one year earlier.

The Company's efficiency ratio, the ratio of non-interest expense to revenues, was 57.93% and 60.77% for the quarter and six months ended June 30, 2007 compared to 64.14% and 64.97%, respectively, in the same periods one year earlier.

Balance Sheet

Bridge Capital Holdings reported total assets at June 30, 2007 of $763.8 million, compared to $641.6 million on the same date one year ago. The increase in total assets represented growth of $122.2 million, or 19%, compared to June 30, 2006. Total assets at June 30, 2007 represented growth of $41.8 million, or 6%, compared to $722.0 million at December 31, 2006.

The Company reported total loans outstanding at June 30, 2007 of $606.1 million, which represented an increase of $128.8 million, or 27%, over $477.3 million for the same date one year earlier. Total loans at June 30, 2007 represented growth of $65.3 million, or 12%, compared to $540.8 million at December 31, 2006.

The Company's total deposits were $681.1 million as of June 30, 2007, compared to total deposits of $573.8 million as of June 30, 2006. The increase in deposits represented growth of $107.3 million, or 19%, compared to June 30, 2006. Total deposits at June 30, 2007 represented growth of $36.1 million, or 6%, compared to $645.0 million at December 31, 2006.

For the quarter ended June 30, 2007, the Company's return on average assets and return on average equity were 1.57% and 22.09%, respectively, and compared to 1.42% and 18.76%, respectively, for the same period in 2006. Return on average assets and return on average equity for the six months ended June 30, 2007 were 1.51% and 20.85%, respectively, up from 1.44% and 18.94%, respectively, for the same period one year earlier.

Credit Quality

The allowance for loan losses was $7.6 million, or 1.25% of total loans, at June 30, 2007, compared to $6.6 million, or 1.39% of total loans, at June 30, 2006. The provision for credit losses for the three and six months ended June 30, 2007 was $1.0 million and $1.2 million, respectively, compared to $450,000 and $672,000, respectively, for the same periods in 2006. During the second quarter of 2007, the Company charged-off balances totaling $943,000 from the resolution of loans reported as nonperforming at March 31, 2007. Charge-off activity in the second quarter represented all of the activity for the first half of 2007 and compared to no loan charge-off activity during the same periods of 2006. There were no loan recoveries during the six months ending June 30, 2007 and June 30, 2006, respectively.

At June 30, 2007 nonperforming assets totaled $425,000, or 0.06% of total assets, compared to $2.3 million, or 0.36% of total assets, on the same date one year earlier. The single nonperforming asset at June 30, 2007 was a commercial property categorized as "other real estate owned".

Capital Adequacy

At June 30, 2007, shareholders' equity in the Company totaled $55.0 million, up from $44.3 million on the same date one year earlier. As a result, the Company's total risk-based capital ratio, tier one capital ratio, and leverage ratio of 11.56%, 10.48%, and 10.13%, respectively, were all substantially above the regulatory standards for "well-capitalized" institutions.

About Bridge Capital Holdings

Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and is listed on The NASDAQ Stock Market under the trading symbol BBNK. For additional information, visit the Bridge Capital Holdings website at http://www.bridgecapitalholdings.com.

About Bridge Bank, N.A.

Bridge Bank, N.A. is Santa Clara County's full-service professional business bank. The bank is dedicated to meeting the financial needs of small and middle market, and emerging technology businesses, in the Silicon Valley, Palo Alto, Redwood City, San Ramon-Pleasanton, Sacramento, San Diego, Bakersfield, Fresno, Orange County, Dallas, TX, and Reston, VA business communities. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website at http://www.bridgebank.com.


Forward Looking Statements

Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements describe future plans, strategies, and expectations, and are based on currently available information, expectations, assumptions, projections, and management's judgment about the Bank, the banking industry and general economic conditions. These forward looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward looking statements.

These risks and uncertainties include, but are not limited to: (1) competitive pressures in the banking industry; (2) changes in interest rate environment; (3) general economic conditions, nationally, regionally, and in operating markets; (4) changes in the regulatory environment; (5) changes in business conditions and inflation; (6) changes in securities markets; (7) future credit loss experience; (8) the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control; (9) civil disturbances or terrorist threats or acts, or apprehension about the possible future occurrences of acts of this type; and (10) the involvement of the United States in war or other hostilities.

The reader should refer to the more complete discussion of such risks in Bridge Capital Holdings' annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the Securities Exchange Commission.

                        -Financial Tables Follow-



                  BRIDGE CAPITAL HOLDINGS AND SUBSIDIARY
        INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
                          (Dollars in Thousands)


                           Three months ended           Six months ended
                     -------------------------------  --------------------
                     06/30/07   03/31/07   06/30/06   06/30/07   06/30/06
                     ---------  ---------  ---------  ---------  ---------

INTEREST INCOME
Loans                $  15,433  $  14,184  $  11,682  $  29,617  $  21,934
Federal funds sold         753        524        692      1,277      1,270
Investment securities
 available for sale        750        670        105      1,420        203
                     ---------  ---------  ---------  ---------  ---------
   Total interest
    income              16,936     15,378     12,479     32,314     23,407
                     ---------  ---------  ---------  ---------  ---------

INTEREST EXPENSE
Deposits:
   Interest-bearing
    demand                  10         13          7         23         14
   Money market and
    savings              3,628      2,997      1,913      6,625      3,340
   Certificates of
    deposit              1,112      1,156      1,020      2,268      1,685
Other                      260        260        281        520        568
                     ---------  ---------  ---------  ---------  ---------
   Total interest
    expense              5,010      4,426      3,221      9,436      5,607
                     ---------  ---------  ---------  ---------  ---------

Net interest income     11,926     10,952      9,258     22,878     17,800
Provision for credit
 losses                  1,000        200        450      1,200        672
                     ---------  ---------  ---------  ---------  ---------
Net interest income
 after provision for
 credit losses          10,926     10,752      8,808     21,678     17,128
                     ---------  ---------  ---------  ---------  ---------

NON-INTEREST INCOME
Service charges on
 deposit accounts          181        152        127        332        239
Gain on sale of SBA
 loans                   1,890        731        388      2,622        839
Other non interest
 income                    542        411        563        953      1,083
                     ---------  ---------  ---------  ---------  ---------
   Total non-interest
    income               2,613      1,294      1,078      3,907      2,161
                     ---------  ---------  ---------  ---------  ---------

OPERATING EXPENSES
Salaries and
 benefits                5,265      5,001      4,160     10,267      8,079
Premises and fixed
 assets                  1,026        949        700      1,975      1,314
Other                    2,131      1,904      1,770      4,034      3,575
                     ---------  ---------  ---------  ---------  ---------
   Total operating
    expenses             8,422      7,854      6,630     16,276     12,968
                     ---------  ---------  ---------  ---------  ---------

Income before income
 taxes                   5,117      4,192      3,256      9,309      6,321
Income taxes             2,134      1,748      1,237      3,882      2,371

                     ---------  ---------  ---------  ---------  ---------
NET INCOME           $   2,983  $   2,444  $   2,019  $   5,427  $   3,950
                     =========  =========  =========  =========  =========

EARNINGS PER SHARE
Basic earnings per
 share               $    0.47  $    0.38  $    0.32  $    0.85  $    0.63
                     =========  =========  =========  =========  =========
Diluted earnings per
 share               $    0.43  $    0.35  $    0.29  $    0.78  $    0.58
                     =========  =========  =========  =========  =========
Average common
 shares outstanding  6,381,493  6,330,610  6,260,576  6,356,192  6,251,518
                     =========  =========  =========  =========  =========
Average common and
 equivalent shares
 outstanding         6,933,273  6,882,435  6,798,840  6,908,338  6,782,783
                     =========  =========  =========  =========  =========

PERFORMANCE MEASURES
Return on average
 assets                   1.57%      1.44%      1.42%      1.51%      1.44%
Return on average
 equity                  22.09%     19.52%     18.76%     20.85%     18.94%
Efficiency ratio         57.93%     64.14%     64.14%     60.77%     64.97%



                  BRIDGE CAPITAL HOLDINGS AND SUBSIDIARY
              INTERIM CONSOLIDATED BALANCE SHEETS (UNAUDITED)
                          (Dollars in Thousands)


                          06/30/07  03/31/07  12/31/06  09/30/06  06/30/06
                          --------  --------  --------  --------  --------

ASSETS
Cash and due from banks   $ 21,274  $ 21,673  $ 24,360  $ 18,987  $ 22,471
Federal funds sold          39,790    60,620    93,845   116,165   114,955
Investment securities
 available for sale         73,362    53,920    43,933    18,971    11,004
Loans:
  Commercial               258,978   213,436   197,174   185,789   189,520
  SBA                       56,176    60,871    59,888    51,894    52,857
  Real estate construction 104,652   116,282   103,710    99,427    91,687
  Real estate other        134,299   123,853   115,313   105,395    98,324
  Factoring and asset
   based lending            42,683    51,904    56,924    36,658    38,091
  Other                      9,341     8,794     7,771     6,469     6,812
                          --------  --------  --------  --------  --------
    Loans, gross           606,129   575,140   540,780   485,632   477,291
  Unearned fee income       (1,483)   (1,586)   (1,495)   (1,601)   (1,443)
  Allowance for credit
   losses                   (7,590)   (7,533)   (7,329)   (6,728)   (6,620)
                          --------  --------  --------  --------  --------
    Loans, net             597,056   566,021   531,956   477,303   469,228
Premises and equipment,
 net                         4,966     4,050     3,479     2,935     3,022
Accrued interest
 receivable                  4,608     4,212     4,292     3,041     2,813
Other assets                22,741    20,626    20,114    18,304    18,085
                          --------  --------  --------  --------  --------
    Total assets          $763,797  $731,122  $721,979  $655,706  $641,578
                          ========  ========  ========  ========  ========

LIABILITIES
Deposits:
  Demand
   noninterest-bearing    $218,651  $195,965  $198,639  $164,483  $177,445
  Demand interest-bearing    4,563     9,611     3,901     4,005     2,987
  Money market and savings 372,470   352,975   333,838   294,698   286,321
  Time                      85,442    94,847   108,609   122,638   107,039
                          --------  --------  --------  --------  --------
    Total deposits         681,126   653,398   644,987   585,824   573,792
                          --------  --------  --------  --------  --------

Junior subordinated debt
 securities                 17,527    17,527    17,527    17,527    17,527
Accrued interest payable       276       289       318       355       265
Other liabilities            9,882     7,449    10,053     5,044     5,693
                          --------  --------  --------  --------  --------
    Total liabilities      708,811   678,663   672,885   608,750   597,277
                          --------  --------  --------  --------  --------

SHAREHOLDERS' EQUITY
Common stock                36,466    35,954    35,427    34,824    34,523
Retained earnings           19,970    16,987    14,543    12,167     9,858
Accumulated other
 comprehensive (loss)       (1,450)     (482)     (876)      (35)      (80)
                          --------  --------  --------  --------  --------
    Total shareholders'
     equity                 54,986    52,459    49,094    46,956    44,301
                          --------  --------  --------  --------  --------
    Total liabilities and
     shareholders' equity $763,797  $731,122  $721,979  $655,706  $641,578
                          ========  ========  ========  ========  ========

CAPITAL ADEQUACY
Tier I leverage ratio        10.13%    10.15%    10.97%    10.75%    10.67%
Tier I risk-based capital
 ratio                       10.48%    10.55%    10.52%    11.03%    10.76%
Total risk-based capital
 ratio                       11.56%    11.69%    11.74%    12.46%    12.36%
Total equity/ total assets    7.20%     7.18%     6.80%     7.16%     6.91%
Book value per share      $   8.61  $   8.21  $   7.77  $   7.46  $   7.06




                  BRIDGE CAPITAL HOLDINGS AND SUBSIDIARY
  INTERIM CONSOLIDATED AVERAGE BALANCE SHEET AND YIELD DATA (UNAUDITED)
                          (Dollars in Thousands)


                                  Three months ended June 30,
                      -----------------------------------------------------
                                2007                       2006
                      -------------------------- --------------------------
                               Yields   Interest          Yields   Interest
                      Average    or     Income/  Average    or     Income/
                      Balance   Rates   Expense  Balance   Rates   Expense
                      -------- -------  -------- -------- -------  --------
ASSETS
Interest earning
 assets (2):
  Loans (1)           $592,461   10.45% $ 15,433 $459,081   10.21% $ 11,681
  Federal funds sold    57,851    5.22%      753   56,129    4.95%      693
  Investment
   securities           58,615    5.13%      750   11,446    3.68%      105
  Other                      -    0.00%        -        -    0.00%        -
                      -------- -------  -------- -------- -------  --------
Total interest earning
 assets                708,927    9.58%   16,936  526,656    9.50%   12,479
                      -------- -------  -------- -------- -------  --------

Noninterest-earning assets:
  Cash and due from
   banks                29,985                     26,473
  All other assets (3)  20,993                     15,730
                      --------                   --------
    TOTAL             $759,905                   $568,859
                      ========                   ========

LIABILITIES AND
  SHAREHOLDERS' EQUITY
Interest bearing
 liabilities:
Deposits:
  Demand              $  5,408    0.74% $     10 $  3,511    0.91% $      8
  Money market and
   savings             376,293    3.87%    3,629  233,173    3.29%    1,913
  Time                  91,712    4.86%    1,111   97,294    4.20%    1,020
Other                   17,527    5.95%      260   18,956    5.92%      280
                      -------- -------  -------- -------- -------  --------
Total interest bearing
 liabilities           490,940    4.09%    5,010  352,934    3.66%    3,221
                      -------- -------  -------- -------- -------  --------

Noninterest-bearing
 liabilities:
  Demand deposits      205,360                    166,454
  Accrued expenses and
   other liabilities     9,434                      6,295
Shareholders' equity    54,171                     43,176
                      --------                   --------
    TOTAL             $759,905                   $568,859
                      ========                   ========

                               -------  --------          -------  --------
Net interest income
 and margin                       6.75% $ 11,926             7.05% $  9,258
                               =======  ========          =======  ========


(1)  Loan fee amortization of $1.5 million and $920,000, respectively, is
     included in interest income.  Nonperforming loans have been included
     in average loan balances.
(2)  Interest income is reflected on an actual basis, not a fully taxabel
     equivalent basis.  Yields are based on amortized cost.
(3)  Net of average allowance for credit losses of $7.5 million and $6.3
     million, respectively.




                  BRIDGE CAPITAL HOLDINGS AND SUBSIDIARY
  INTERIM CONSOLIDATED AVERAGE BALANCE SHEET AND YIELD DATA (UNAUDITED)
                          (Dollars in Thousands)


                                    Six months ended June 30,
                      -----------------------------------------------------
                                2007                       2006
                      -------------------------- --------------------------
                               Yields   Interest          Yields   Interest
                      Average    or     Income/  Average    or     Income/
                      Balance   Rates   Expense  Balance   Rates   Expense
                      -------- -------  -------- -------- -------  --------
ASSETS
Interest earning
 assets (2):
  Loans (1)           $568,542   10.50% $ 29,617 $444,021    9.96% $ 21,934
  Federal funds sold    49,241    5.23%    1,277   54,349    4.71%    1,270
  Investment
   securities           55,883    5.12%    1,420   12,733    3.21%      203
  Other                      -    0.00%        -        -    0.00%        -
                      -------- -------  -------- -------- -------  --------
Total interest earning
 assets                673,666    9.67%   32,314  511,103    9.24%   23,407
                      -------- -------  -------- -------- -------  --------

Noninterest-earning assets:
  Cash and due from
   banks                30,426                     28,301
  All other assets (3)  20,116                     15,419
                      --------                   --------
    TOTAL             $724,208                   $554,823
                      ========                   ========

LIABILITIES AND
  SHAREHOLDERS' EQUITY
Interest bearing
 liabilities:
Deposits:
  Demand              $  5,462    0.85% $     23 $  3,441    0.88% $     15
  Money market and
   savings             346,552    3.86%    6,625  223,036    3.02%    3,340
  Time                  94,855    4.82%    2,268   85,215    3.99%    1,685
Other                   17,527    5.98%      520   20,711    5.52%      567
                      -------- -------  -------- -------- -------  --------
Total interest bearing
 liabilities           464,396    4.10%    9,436  332,403    3.40%    5,607
                      -------- -------  -------- -------- -------  --------

Noninterest-bearing
 liabilities:
  Demand deposits      197,723                    173,614
  Accrued expenses and
   other liabilities     9,602                      6,742
Shareholders' equity    52,487                     42,064
                      --------                   --------
    TOTAL             $724,208                   $554,823
                      ========                   ========

                               -------  --------          -------  --------
Net interest income
 and margin                       6.85% $ 22,878             7.02% $ 17,800
                               =======  ========          =======  ========


(1)  Loan fee amortization of $2.8 million and $1.8 million, respectively,
     is included in interest income.  Nonperforming loans have been
     included in average loan balances.
(2)  Interest income is reflected on an actual basis, not a fully taxabel
     equivalent basis.  Yields are based on amortized cost.
(3)  Net of average allowance for credit losses of $7.4 million and $6.1
     million, respectively.




                  BRIDGE CAPITAL HOLDINGS AND SUBSIDIARY
               INTERIM CONSOLIDATED CREDIT DATA (UNAUDITED)
                          (Dollars in Thousands)


                          06/30/07  03/31/07  12/31/06  09/30/06  06/30/06
                          --------  --------  --------  --------  --------

ALLOWANCE FOR CREDIT LOSSES
Balance, beginning of
 period                   $  7,533  $  7,329  $  6,728  $  6,620  $  6,169
Provision for credit
 losses, quarterly           1,000       200       600       100       450
Charge-offs, quarterly        (943)        -         -         -         -
Recoveries, quarterly            -         4         1         8         1
                          --------  --------  --------  --------  --------
Balance, end of period    $  7,590  $  7,533  $  7,329  $  6,728  $  6,620
                          ========  ========  ========  ========  ========




NONPERFORMING ASSETS
Loans accounted for on a
 non-accrual basis        $      -  $  5,450  $    437  $  2,572  $  2,283
Loans restructured and in
 compliance with modified
 terms                           -         -         -         -         -
Other loans with principal
 or interest contractually
 past due 90 days or more        -         -         -         -         -
                          --------  --------  --------  --------  --------
   Nonperforming loans           -     5,450       437     2,572     2,283
Other real estate owned        425         -         -         -         -
                          --------  --------  --------  --------  --------
   Nonperforming assets   $    425  $  5,450  $    437  $  2,572  $  2,283
                          ========  ========  ========  ========  ========




ASSET QUALITY
Allowance for credit
 losses / gross loans         1.25%     1.31%     1.36%     1.39%     1.39%
Allowance for credit
 losses / nonperforming
 loans                        0.00%   138.22%  1677.12%   261.59%   289.97%
Nonperforming assets /
 total assets                 0.06%     0.75%     0.06%     0.39%     0.36%
Nonperforming loans /
 gross loans                  0.00%     0.95%     0.08%     0.53%     0.48%
Net quarterly charge-offs
 / gross loans                0.16%     0.00%     0.00%     0.00%     0.00%