Plaza Bank Expands San Diego Presence by Opening Its First Regional Business Center

IRVINE, CA--(Marketwired - Sep 7, 2015) -  Plaza Bank (OTCBB: PLZB) today announced plans to open a new regional business center in San Diego, signing an agreement to lease a space in the Highlands Corporate Center at 12750 High Bluff Drive near Del Mar.

The new center, expected to open in fall 2015, will serve Plaza Bank's growing client base throughout the San Diego business region. It will be Plaza Bank's eighth location throughout Southern California and Las Vegas. Plaza Bank specializes in traditional business banking services, commercial lending, and SBA financing.

"As we continue our rapid growth serving small business communities, we are excited to announce Plaza Bank's expansion into the San Diego area," Gene Galloway, President and CEO of the Bank. "Our new branch at the Highlands Corporate Center will provide an ideal location to serve existing and new customers with niche banking products and services, helping us advance the small business community in San Diego."

Highlands Corporate Center is a Class A office complex located at the southeast corner of I-5 and Del Mar Heights Road.

Plaza Bank will release additional details about the opening of its new San Diego branch in the coming weeks.

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.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 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 claims or changes in existing litigation or claims; 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.