SOURCE: Bridge Capital Holdings

Bridge Capital Holdings

June 18, 2013 13:57 ET

Bridge Bank Provides $18 Million to Boudin Bakery

SAN JOSE, CA--(Marketwired - Jun 18, 2013) - 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 recently provided Boudin Bakery of San Francisco with an $18 million term loan to refinance its existing credit facilities.

"Boudin Bakery is a San Francisco icon recognized across the world," said Martin Kriegler, senior vice president and group manager of Bridge Bank's Corporate Banking team in San Francisco. "We are excited to be a part of Boudin Bakery's future growth strategy as they continue to build on 164 years of success," Kriegler added.

"We were particularly impressed with Boudin's management team, and their high level of professionalism and expertise," said Gloria Ferguson, senior vice president in Bridge Bank's Corporate Banking Division. "We are privileged to be a partner to them," she added.

"We're very pleased with the creative financing that Bridge Bank came up with," said Mark Briggs, Board Director at Boudin Bakery. "Our business is one that is very dynamic and fast-paced, and we found that Bridge Bank had the ability to understand our business and growth strategy and craft a credit solution that met our objectives," he added.

Boudin Bakery, San Francisco's oldest continuously operating business, is recognized throughout the world for its sourdough bread. Founded in San Francisco in the early days of the gold rush in 1849, Boudin is the creator of The Original San Francisco Sourdough French Bread™. Growing from a tiny operation on San Francisco's Dupont Street, the company has grown into a multi-faceted business with a rapidly expanding fast casual restaurant concept called Boudin SF as well as its one of a kind flagship location and Bistro at Fisherman's Wharf.

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 2012 "Sm-All Stars" -- a select group of 25 top-performing publicly traded banks and thrifts from throughout the U.S. with market capitalization of up to $2 billion. For additional information, visit the Bridge Capital Holdings website at

About Bridge Bank, National Association
Recognized by SNL Financial on their 2012's Top 100 Performing Banks with assets between $500 million and $5 billion, 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. A less bank-like way to bank. We provide a surprisingly broad range of financial solutions, enabling us to meet our clients' varied needs across all stages -- from inception to IPO and beyond. It's how we go about doing so that differentiates us from our competition.

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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.