SAN JOSE, CA--(Marketwire - May 19, 2009) - Bridge Capital Holdings (NASDAQ : BBNK ), whose
subsidiary is Bridge Bank, National Association, a full-service
professional business bank headquartered in Silicon Valley, announced today
that veteran business banker Allen "Al" Williams has joined the Bank as
Executive Vice President and Chief Credit Officer.
"We are grateful to have a professional business banker with the
credentials of Al Williams join Bridge Bank, especially in today's
environment," said Daniel P. Myers, President and Chief Executive Officer
of Bridge Capital Holdings and Bridge Bank, N. A. "Al's proven experience
and leadership in credit management through good and challenging economic
cycles will ensure that Bridge Bank will be among the best positioned banks
to take advantage of the recovery when it arrives."
Mr. Williams has 32 years of commercial business banking experience, all
with Comerica Bank. From 1976 to 1992, he advanced through a variety of
credit production, commercial lending, credit administration and management
roles within the bank at its Detroit, Michigan headquarters. When Comerica
bought San Jose based Plaza Bank of Commerce in 1992, as that bank's entry
into the California market, Mr. Williams relocated to California to help
develop Comerica's credit administration function in its western market.
From 1998 to 2003, he managed the San Jose middle market groups. In 2003,
Mr. Williams was named Chief Credit Officer of the Western division of
Comerica Bank. In that role, he was responsible for managing a staff of
approximately 180, including credit officers, credit analysts and
asset-based field examiners overseeing the western division's middle
market, technology, entertainment, and small business credit portfolios in
California and Arizona.
"I've seen Bridge Bank establish itself in our market as a standout
performer for its clients, even in these uniquely difficult economic
times," said Al Williams. "I look forward to leading the credit management
effort to support the Silicon Valley market as Bridge Bank continues to be
a reliable and consistent provider of business credit."
Mr. Williams holds a B.S. in Business Administration and a Masters in
Business Administration, both from the University of Michigan in Ann Arbor.
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
holds a Global Select listing on The NASDAQ Stock Market under the trading
symbol BBNK. For additional information, visit the Bridge Capital Holdings
website 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 and
middle market companies, and emerging technology businesses, in Silicon
Valley, Northern California, and the Nation. 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 can be identified by the fact that they do not
relate strictly to historical or current facts. They often include the
words "believe," "expect," "anticipate," "intend," "plan," "estimate," or
words of similar meaning, or future or conditional verbs such as "will,"
"would," "should," "could," or "may." Forward-looking statements describe
future plans, strategies and expectations. Forward-looking statements are
based on currently available information, expectations, assumptions,
projections, and management's judgment about the Company, the banking
industry and general economic conditions. These forward-looking statements
are not guarantees of future performance, nor should they be relied upon as
representing management's views as of any subsequent date. Future events
are difficult to predict, and the expectations described above are
necessarily subject to risk and uncertainty that may cause actual results
to differ materially and adversely.
Forward-looking statements involve significant risks and uncertainties and
actual results may differ materially from those presented, either expressed
or implied, in this press release. Factors that might cause such
differences include, but are not limited to: the Company's ability to
successfully execute its business plans and achieve its objectives; changes
in general economic, real estate and financial market conditions, either
nationally or locally in areas in which the Company conducts its
operations; changes in interest rates; new litigation or changes in
existing litigation; future credit loss experience; increased competitive
challenges and expanding product and pricing pressures among financial
institutions; legislation or regulatory changes which adversely affect the
Company's operations or business; loss of key personnel; changes in
accounting policies or procedures as may be required by the Financial
Accounting Standards Board or other regulatory agencies; and the ability to
satisfy requirements related to the Sarbanes-Oxley Act and other regulation
on internal control.
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 and Exchange Commission. The
Company undertakes no obligation to publicly revise these forward-looking
statements to reflect subsequent events or circumstances.
