Premier Service Bank Names Sami Morcos as Senior Vice President and Small Business Administration (SBA) Division Administrator

Kerry L. Pendergast, President and CEO of Premier Service Bank PSBK, a California state-chartered bank headquartered in Riverside, California, announced today that Sami Morcos has been appointed Senior Vice President and SBA Division Administrator. In his role as Division Administrator, Mr. Morcos will have the responsibility for building a department that will be focused on developing and generating government guaranteed loans within the Inland Empire marketplace.

"Mr. Morcos' background and experience will be invaluable, as the bank moves forward with the formation of the SBA Lending Division," said President and CEO Kerry L. Pendergast. SBA lending is a natural extension of the commercial lending products that are already in place with the bank and it provides the bank's customers with a larger array of financing options, which is essential to maintaining and growing our client base.

"In his former role as Chief of the Finance Division at the U.S. Small Business Administration -- Santa Ana, California office, for over 19 years, Mr. Morcos will bring a unique and valuable perspective to the role SBA lending will play within the bank," said Pendergast. "In addition to meeting the needs of our existing clients, we will also focus on expanding our customer base through the introduction of the SBA loan products, believing that they can be mutually inclusive," said Pendergast in closing.

Premier Service Bank is a full-service bank with offices in Riverside and Corona and is well positioned to meet the varying needs of today's business clients, in an environment where service and a focus on the client always come first!

Forward-Looking Statements

This news release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about Premier Service Bank's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and in the following: Premier Service Bank's ability to continue to increase its assets, deposits and total loans, control expenses, retain critical personnel, manage interest rate risk, manage technological changes, address regulatory requirements, and other risks discussed from time to time in Premier Service Bank's filings and reports with the Federal Deposit Insurance Corporation. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and Premier Service Bank does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Contact Information: Premier Service Bank Kerry L. Pendergast, President and CEO, 951-274-2400

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