SOURCE: 1st Century Bancshares, Inc.

1st Century Bancshares, Inc.

June 10, 2009 09:00 ET

1st Century Bancshares, Inc. Added to the ABA NASDAQ Community Bank Index

LOS ANGELES, CA--(Marketwire - June 10, 2009) - 1st Century Bancshares, Inc. (NASDAQ: FCTY), the holding company of 1st Century Bank, N.A., has been added to the ABA NASDAQ Community Bank Index, one of the nation's most broadly representative stock indices for community banks. The index includes approximately 500 community banks with more than $100 billion in aggregate market capitalization.

"We are excited about being included in the ABA NASDAQ Index. We believe being part of the Index will bring our bank added visibility and recognition by investors and prospective clients," said Jason DiNapoli, President and Chief Operating Officer. "1st Century Bancshares was established in December 2007 and provides the Southern California community with tailored banking solutions to a variety of industries."

1st Century Bancshares, Inc. is based in Los Angeles, California with total assets of $260 million as of March 31, 2009. Its principal business focus is serving high net-worth individuals, professionals, entrepreneurs and closely held and family owned businesses.

For more information, contact, Jason P. DiNapoli, President and Chief Operating Officer, at 310.270.9500 or visit our website at www.1stcenturybank.com.

About 1st Century Bancshares, Inc.

1st Century Bancshares, Inc. is a publicly owned company traded on the NASDAQ Capital Market under the symbol "FCTY." The Company's wholly owned subsidiary, 1st Century Bank, N.A., is a full service commercial bank headquartered in the Century City area of Los Angeles. The Bank's primary focus is relationship banking to family owned and closely held small and middle market businesses, professional service firms and high net worth individuals, real estate investors, medical professionals, and entrepreneurs. The Company maintains a website at www.1stcenturybank.com. By including the foregoing website address link, the Company does not intend to incorporate by reference any material contained therein.

Contact Information

  • Contact Information:

    Alan I. Rothenberg
    Chairman/Chief Executive Officer
    Phone: (310) 270-9501

    Jason P. DiNapoli
    President/Chief Operating Officer
    Phone: (310) 270-9505