SAN JOSE, CA--(Marketwire - May 21, 2009) - Bridge Capital Holdings (NASDAQ : BBNK ), whose
subsidiary is Bridge Bank, National Association, a full-service
professional business bank headquartered in Silicon Valley, announced today
that Thomas A. Sa has been promoted to Chief Risk Officer and Chief
Strategy Officer of the Bank. Mr. Sa is a founding executive officer of
Bridge Bank, N.A. and Bridge Capital Holdings. He will retain his role and
title of Chief Financial Officer of Bridge Capital Holdings.
"Tom has done a fantastic job leading the finance organization of the Bank
and Company," said Daniel P. Myers, President and Chief Executive Officer
of Bridge Capital Holdings and Bridge Bank, N. A. "As we extend our view
toward positioning for an economic recovery, Tom will lead the processes of
building best-in-class enterprise risk management competency within the
bank and mapping out business strategies to optimize performance of the
company."
Tom Sa is a founding executive officer and founding Chief Financial Officer
of Bridge Bank (May 2001) and Bridge Capital Holdings (October 2004).
Previously in his banking career, Mr. Sa served as Senior Vice
President/Chief Financial Officer and Corporate Secretary of Central Coast
Bancorp in Salinas and Chief Financial Officer at South Valley
Bancorporation in Gilroy.
In addition to his extensive career in commercial banking, Mr. Sa has
served in senior financial leadership positions with companies in the
leasing and software industries. He began his career in Silicon Valley in
1984 as a certified public accountant in the audit practice of Deloitte
Haskins & Sells.
"Bridge has built a solid foundation since its opening eight years ago,"
said Mr. Sa. "As we approach the billion dollar asset milestone, it is now
time to build upon that foundation with coordinated business strategies
that incorporate effective enterprise risk management to ensure consistent
long term performance of the Company."
Mr. Sa, who lives in Los Gatos, holds an undergraduate degree from Humboldt
State University and is a licensed CPA.
About Bridge Capital Holdings
Bridge Capital Holdings is the holding company for Bridge Bank, National
Association. Bridge Capital Holdings was formed on October 1, 2004 and
holds a Global Select listing on The NASDAQ Stock Market under the trading
symbol BBNK. For additional information, visit the Bridge Capital Holdings
website at www.bridgecapitalholdings.com.
About Bridge Bank, N.A.
Bridge Bank, N.A. is Silicon Valley's full-service professional business
bank. The Bank is dedicated to meeting the financial needs of small and
middle market companies, and emerging technology businesses, in Silicon
Valley, Northern California, and the Nation. Bridge Bank provides its
clients with a comprehensive package of business banking solutions
delivered through experienced, professional bankers. For additional
information, visit the Bridge Bank website at http://www.bridgebank.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 describe
future plans, strategies and expectations. Forward-looking statements are
based on currently available information, expectations, assumptions,
projections, and management's judgment about the Company, 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 Company'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 Company conducts its
operations; changes in interest rates; new litigation or changes in
existing litigation; future credit loss experience; increased competitive
challenges and expanding product and pricing pressures among financial
institutions; legislation or regulatory changes which adversely affect the
Company'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.
The reader should refer to the more complete discussion of such risks in
Bridge Capital Holdings' annual reports on Forms 10-K and quarterly reports
on Forms 10-Q on file with the Securities and Exchange Commission. The
Company undertakes no obligation to publicly revise these forward-looking
statements to reflect subsequent events or circumstances.
