Premier Service Bank Names Joseph S. Servi as Vice President - Commercial Loan Manager of Its Corona Office

Kerry L. Pendergast, President and CEO of Premier Service Bank PSBK, a California state-chartered bank headquartered in Riverside, California, announced today that Joseph S. Servi has been appointed Vice President and Commercial Loan Manager of its Corona Office. In his new role, Mr. Servi will be responsible for overseeing the Commercial Lending function within the Corona Office and will be working in tandem with the Office Manager, Tim O'Brien, to both identify and cultivate business opportunities within the Corona marketplace.

"Mr. Servi has been with the bank in excess of three years and has worked for the management team in past assignments at other banks, so he is well acquainted with our philosophy and focus, relative to managing and developing banking relationships," said President and CEO Kerry L. Pendergast. "Furthermore, Joe is a Corona resident, who is already quite involved in the marketplace, so this new assignment should enable him to become more fully integrated into the community."

"We believe that Joe will complement an already strong banking team and will provide our clients with the level of attention and responsiveness that they have come to expect from Premier Service Bank. With a strong focus in commercial lending, Joe will be available to work with new and existing clients on the wide-range of loan programs available through the bank," Pendergast said 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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