Plaza Bank Adds to Accomplished Banking Team as It Grows and Thrives

IRVINE, CA--(Marketwired - Jul 15, 2013) - Plaza Bank (OTCBB: PLZB), which is becoming an industry model for strong community banking, strengthened its small and midsize business services and expertise yet again with an array of top-notch hires and promotions.

The bank continues to grow and prosper, fueled by its unique brand of service, its attention to detail, and its ability to help small and medium sized businesses flourish. Plaza Bank leaders have responded to their growth by hiring seven more accomplished banking experts and promoting eight high-performing people from its current ranks.

"We are thriving in our communities, and the demand for our focus and expertise with small and midsize businesses just keeps growing," said Gene Galloway, President and CEO of the Irvine-based Plaza Bank. "We've seen the help we've given a number of businesses, especially in Orange County and Las Vegas, pay off with their growth, and with an increasingly healthy economy. We're thrilled to be able to expand what we can offer other businesses now."

The additions to the Plaza Bank team include Sally K. Myers, who has nearly two decades of risk management in community banking and steps in as the Senior Vice President and Risk Manager, and Mona McGrury, who takes over as Senior Vice President and Operations Manager.

Also recent to the team are Shiri Staveley, Vice President and Treasury Sales Manager, Janet Travers, a Vice President and Manager of Client Services, Eric Fenmore, Vice President for Asset Based Lending, Dain Court, Vice President and Business Development Officer, and Samuel T. Overton, a former U.S. Marine who's now a business development associate.

And among the Plaza Bank officers moving up are Sangsoo Kim, who was recently promoted to Senior Vice President/Credit Manager, and Leo Moschioni, became a Senior Vice President/Special Assets Manager.

"It's exciting to have so many talented people joining our bank, and to have our current people grow in our organization," Galloway said. "They all make us a better bank, and they help us serve the businesses in our community even better."

About Plaza Bank
Plaza Bank is full service community bank serving the business and professional communities in Southern California and Las Vegas, Nevada. The Bank is committed to meeting the financial needs of small to middle market businesses and professional firms with loans for working capital, equipment and owner-occupied commercial real estate financing and a full array of cash management services. Our bankers are experienced, professional and knowledgeable. For more information, visit www.plazabank.net or call President and CEO Gene Galloway at (949) 502-4309.

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 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 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 Bank'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 Bank 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 Bank'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.