Bridge Bank Expands Southern California Technology Banking Practice
James Crumpton Joins Loan Production Office in Irvine, California
SAN JOSE, CA--(Marketwire - January 15, 2008) - 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, announced today
that technology lending veteran James Crumpton has joined the Bank as
Senior Vice President and Relationship Manager of its Southern California
Region Technology Banking Loan Production Office. The office is located at
the Spectrum Center in Irvine, CA.
"James is well known for providing financial solutions to technology
companies in Southern California," said Michael Field, Bridge Bank's
Executive Vice President and Manager of the Technology Banking Division.
"His background and experience will allow Bridge Bank to service its
growing base of technology clients in that region as well as assist the
expansion of our technology banking practice nationwide."
Mr. Crumpton has over 25 years of commercial banking, cash management, and
investment experience and has served technology and life science companies
in the Southern California market. Prior to joining Bridge Bank, Mr.
Crumpton served as Chief Credit Officer with Hercules Technology Growth
Capital where his responsibilities included risk management, underwriting,
and management of a portfolio of venture debt relationships with emerging
growth venture-backed and publicly-held technology companies. Previously,
he held senior positions with Comerica Bank, Silicon Valley Bank, and Wells
"Technology and life science companies need a banking partner who can
provide them with creative financial solutions that expand as their
operations grow. This requires a collaborative approach to determining
client needs, a broad menu of products and services, and the highest degree
of client service," said Mr. Crumpton. "Bridge Bank has a solid track
record in this regard, and I look forward to representing them in the
Southern California region."
Bridge Bank's Technology Banking Division offers a full range of banking
products and cash and treasury management services to emerging and
later-stage technology and life science companies. The Bank offers short
and long term credit solutions including equipment, growth capital,
asset-based, invoice-based, purchase order, vendor assurance, and bridge
financing. The Bank also offers a complete suite of international credit
products including foreign exchange, letters of credit, and EX-IM financing
as a Delegated Authority Lender with the Export Import Bank of the United
States. To assist clients with cash management and treasury management
needs, Bridge Bank offers state-of-the-art Internet business banking and
investment options in its Bridge Investment Services Group.
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. Visit
Bridge Capital Holdings on the web at www.bridgecapitalholdings.com.
About Bridge Bank, N.A.
Bridge Bank, N.A. is Silicon Valley's full-service professional business
bank. The Bank is dedicated to meeting the financial needs of small,
middle-market, and emerging technology businesses. Bridge Bank provides
its clients with a comprehensive package of business banking solutions
delivered through experienced, professional bankers. Visit Bridge Bank on
the web at www.bridgebank.com.
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
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; and (7) future credit loss experience.