Plaza Bank Names Steve Pollett as Senior Vice President, Group Manager for SBA and Commercial Lending


IRVINE, CA--(Marketwired - Apr 25, 2016) - Plaza Bank (OTCBB: PLZZ) (the "Bank") is pleased to announce it has named Steve Pollett as Senior Vice President, Group Manager for SBA and Commercial Real Estate Lending. Mr. Pollett has worked at Plaza Bank since 2012, most recently as Business Development Officer for SBA and Commercial Real Estate Lending. In his new role, Mr. Pollett is responsible for the continued success of the group, managing sales and support staff to further grow the business.

"Steve has an excellent track record with Plaza Bank in delivering SBA and Commercial Real Estate Lending solutions to help our clients operate and expand their businesses, while demonstrating our hallmark of personalized, exceptional service," said Gene Galloway, President and CEO of Plaza Bank.

Added Mr. Pollett, "We have a strong, talented, passionate team that understands the needs of small business owners and excels at guiding clients through the complex lending process. I will continue to support and nurture this success, while helping our staff further enhance the client experience and our lending relationships."

"This is a well-deserved appointment, and I'm excited about the energy, focus, and leadership he'll bring to further expand our important SBA and Commercial Lending business," concurred Erich Bollinger, Executive Vice President and Chief Banking Officer for Plaza Bank.

Mr. Pollett has more than 20 years' experience in small business lending and banking. He began his career with CDC Small Business Finance, quickly advancing in lending, business development, and management roles. He then spent several years in sales management for various small banks in Southern California, including Pacific Capital Bank, Goleta Bank, Bridge Bank, and Security Bank, before joining Plaza Bank.

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.

Contact Information:

Media Contacts:
Gene Galloway
President and Chief Executive Officer
(702) 277-2221 or (949) 502-4309


Erich Bollinger
Executive Vice President and Chief Banking Officer
(949) 225-3704