SOURCE: Bridge Capital Holdings

Bridge Capital Holdings

January 07, 2015 09:00 ET

Bridge Bank Expands Partnership With Housing Trust Silicon Valley

SAN JOSE, CA--(Marketwired - Jan 7, 2015) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced today that it has expanded its partnership with Housing Trust Silicon Valley, one of the largest housing trusts in the nation, to include sponsorship of its 2015 Investor Briefing, an annual event that updates the community about the impact of its affordable housing efforts, and the current state of affordable housing in Silicon Valley.

"Housing Trust Silicon Valley is thrilled to continue to build our valued relationship with Bridge Bank," said Kevin Zwick, CEO of Housing Trust Silicon Valley. "This generous sponsorship builds upon Bridge Bank's existing partnership with Housing Trust as a participant in our loan pool to finance the development of multi-family affordable housing throughout Silicon Valley. We greatly appreciate their continued support, and look forward to creating even more affordable housing opportunities with Bridge Bank in the coming year," he added.

"At a time where average home prices in Silicon Valley are upwards of $1 million, Housing Trust Silicon Valley is providing crucial services to residents to assist first-time homebuyers, prevent homelessness, and stabilize neighborhoods," said Tim Boothe, executive vice president and chief operating officer of Bridge Bank. "Bridge Bank is proud to be a partner of Housing Trust Silicon Valley and we are thrilled to expand our relationship through our support of this important event," he added.

About Bridge Bank, National Association
Recognized by The Findley Reports as a Super Premium Performing Bank, and designated "Superior" by BauerFinancial and IDC, Bridge Bank is a full-service professional business bank founded in the highly competitive climate of Silicon Valley in 2001. From the very beginning, our goal has been to offer small-market and middle-market businesses from across many industries a better way to bank. Our technology banking division provides a broad range of financial solutions to venture-backed and non-venture-backed companies, enabling us to meet our clients' varied needs across all stages of business life. It's how we go about doing so that differentiates us from our competition. Bridge Bank's product offering includes growth capital, equipment and working capital credit facilities and treasury management solutions, along with a full line of international products and services and financing secured by domestic, government and foreign receivables. Learn more at the new www.bridgebank.com. Follow us @BridgeBank. 

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. Bridge Bank Holding Company was recently admitted to Sandler O'Neill's Class of 2014 "Sm-All Stars" -- a select group of 35 top-performing publicly traded banks and thrifts from throughout the U.S. with market capitalization of up to $2.5 billion. For additional information, visit the Bridge Capital Holdings website at www.bridgecapitalholdings.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.