Plaza Bank Hires Jon Hansen as Vice President and Business Development Officer, SBA and Commercial Lending in San Diego

IRVINE, CA--(Marketwired - Sep 12, 2016) -  Plaza Bank (OTCBB: PLZZ) (the "Bank") is pleased to announce it has hired Jon Hansen as Vice President and Business Development Officer, SBA and Commercial Lending in San Diego. In this role, he is responsible for building relationships with local business owners and originating loans to meet their unique commercial real estate needs.

Mr. Hansen, who joined Plaza Bank in July 2016, is based in the Bank's San Diego regional business center. An expert banker with 15 years of industry experience, he specializes in commercial real estate financing and SBA 7(a) and 504 lending programs.

Prior to joining Plaza Bank, Mr. Hansen was a commercial lender for Wells Fargo Bank, where he served small and mid-size business with a variety of credit facilities. While there, he focused on conventional owner-user financing, SBA lending, acquisition lending, partner buyouts, equipment finance, and working capital deals. Mr. Hansen has held various business development, client management, and loan officer positions with La Jolla Bank and JPMorgan Chase, winning various production and service awards, throughout his career.

"Jon is a proven expert in SBA and commercial real estate lending, making him a strong addition to our team of high-performing professionals," said Gene Galloway, President and CEO of Plaza Bank. "He will help us further focus on the growing opportunities to help new and existing clients with their various commercial lending needs, as they seek to expand their businesses."

"Plaza Bank offers exceptional lending products with top-shelf service," Mr. Hansen said. "I look forward to working with such a strong roster of industry veterans to deliver creative, customized financial solutions to meet each client's specific needs, while helping to grow the Bank's assets in the greater San Diego and Los Angeles markets."

Mr. Hansen earned his B.S. in Business Management from Utah Valley University and also has completed National Association of Guaranteed Government Lenders (NAGGL) and Certified Commercial Investment Member (CCIM) coursework at University of California, San Diego.

An active member of the community, Mr. Hansen received Escondido City mayor's Driving Force award for his support and participation in a variety of organizations, including Junior Achievement, Boys to Men, and Interfaith Community Services. He also is the former Activities Chair for San Diego Boy Scouts of America and Vice President of the local Optimist International club. He and his family reside in San Diego's North County region.

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
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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.