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Press Release

David Neagle Joins Presidio Bank North Bay Team

Company Release - 1/3/2012 9:00 AM ET

SAN FRANCISCO--(BUSINESS WIRE)-- Presidio Bank (OTCBB:PDOB), a Bay Area business bank, today announced that it has hired veteran banker, David Neagle, as Senior Vice President/Relationship Manager in the North Bay Regional Office.

David Neagle Joins Presidio Bank Team (Photo: Business Wire)

David Neagle Joins Presidio Bank Team (Photo: Business Wire)

David has over 25 years experience in business development, management, and customer support in the commercial banking and finance industry in the Bay Area. He most recently worked as Senior Vice President for Bank of San Francisco where he was a key contributor to the growth and success of the start-up institution. Prior to that, he was SVP of Marketing and Business Development for TMC Development, a leading SBA real estate lending firm, where he worked closely with the CEO in expanding the company to the Los Angeles and Las Vegas markets. During his career, David has held a variety of leadership positions in both the East Bay and San Francisco markets.

“David is a natural leader who utilizes his management and communication skills in all his interactions. His calm and logical demeanor combined with great interpersonal skills will allow him to make an immediate impact here in the North Bay business community,” Todd Allen stated. David Neagle is long time San Rafael resident, who is active in numerous nonprofits, including TMC Working Solutions, a Bay Area micro-lender, and plans to expand his commitment to the local community. He earned a Bachelor of Science degree in Economics from University of California San Diego and a Master degree in Finance from Golden Gate University.

Todd Allen added, “We look forward to having David on our North Bay Presidio Bank team. He is intelligent, goal-oriented, and a problem-solver. His leadership and business development skills will be a great asset as a banker to our clients.”

About Presidio Bank

Presidio Bank provides business banking services to small and mid-size businesses, including professional service firms, real estate developers and investors, and not-for-profit organizations, and to their owners who desire personalized, responsive service with access to local decision makers. Presidio Bank offers clients the resources of a large bank combined with the personalized services of a neighborhood bank. Presidio Bank is headquartered in San Francisco, California and currently operates four banking offices in San Francisco, Walnut Creek, San Rafael and Palo Alto. More information is available at www.presidiobank.com. Presidio Bank is a member of FDIC and an Equal Housing Lender.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50116826&lang=en

For Presidio Bank
Steve Heitel, 415-229-8428
President & CEO
Annette Gelinas, 415-229-8415
SVP/Marketing Director

Source: Presidio Bank