Plaza Bank Hits $500 Million in Assets

Marketwired

IRVINE, CA--(Marketwired - Feb 27, 2014) - Plaza Bank (OTCBB: PLZB) (the "Bank") announced today that it has surpassed the $500 million mark in assets (unaudited). A great accomplishment for community banks today, Plaza continues to grow and thrive in this changing economy. Since the beginning of 2014, the Bank has not only added 10 additional staff to support growth, it has also promoted 5 leaders from within to support their continuing success.

"We recognize that providing a superior service experience to our clients is paramount to our continued success, and we would not be able to achieve that without a stellar team of people who put our clients' needs as their greatest priority. So it makes sense to promote several key players who continue to set us apart and exceed all expectations," shared Gene Galloway, President and CEO of Plaza Bank. Galloway added, "We are honored to count these experts in their field as part of the Plaza Bank family."

Recent promotees:

Sally Myers in our Orange County location was promoted to Executive Vice President/Risk Manager. 
Sally's history with banking began at the young age of 16 and has spanned numerous financial institutions throughout Southern California. Her extensive background earned her the lead at Plaza Bank in assessing risks (operational, strategic, reputation, compliance) and implementation of safe and sound practices. She graduated from University of Wisconsin Madison with a BA and an MA in History.

Leo Moschioni, in our Las Vegas location, was promoted to Senior Vice President - Southern Nevada Market Manager.
As a resident of Las Vegas for 45 years and a graduate of UNLV, Leo's banking career within both commercial and real estate lending spans over 26 years. He specializes in new relationship generation and special asset opportunities for specialized lending needs.

Ray Lucero in our Las Vegas location was promoted to Vice President/Relationship Manager

Trevor Noel in Orange County was promoted to Vice President/Business Development Officer

Martin Tostado in Orange County was promoted to Assistant Vice President/BSA Officer

For more information about how Plaza Bank can serve your business banking needs, visit www.plazabank.net or to find out more about Plaza Bank's continuing financial and business status, visit http://plazabank.net/about-plaza-bank/financial-statements-2/.

About Plaza Bank
Plaza Bank (OTCBB: PLZB) is full service community bank serving the business and professional communities in Southern California and Southern 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.net or call President and CEO Gene Galloway at (949) 502-4309 or (702) 277-2221.

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.

Contact:
Media
Gene Galloway
President & CEO - Plaza Bank
(702) 277-2221 or (949) 502-4309
Email Contact

Erich Bollinger
EVP and Chief Banking Officer - Plaza Bank
18200 Von Karman Ave., Suite 500
Irvine, CA 92612
(949) 225-3704
Email Contact

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