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Press Release

James Westfall Joins Presidio Bank Board of Directors

Company Release - 5/12/2015 9:00 AM ET

SAN FRANCISCO--(BUSINESS WIRE)-- Presidio Bank (OTCBB:PDOB), a Bay Area business bank, today announced that James Westfall, Principal of WALT Systems, joined Presidio Bank’s board of directors. Mr. Westfall’s over 30-year career includes 12 years cumulative experience as the Chief Financial Officer of three financial service companies, including four years as CFO for Greater Bay Bancorp, a $7 billion, publicly traded bank holding company that sold to Wells Fargo in 2007. Previously, he held senior positions in Treasury at Bank of America for 15 years with responsibilities concentrated in interest rate, liquidity, and capital risk management and control. He is past president of the National Asset Liability Management Association. Mr. Westfall holds a BA in economics from Duke University and an MBA from the University of Chicago in finance and accounting. He will serve on the Audit and Asset Liability committees of the Board.

“Jim’s extensive finance and treasury experience will be a major resource to our Board as the Bank continues its growth,” said Jim Woolwine, Chairman of the Board. “We are very excited to welcome him as part of the Presidio Bank family and look forward to working together.”

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 five banking offices in San Francisco, Walnut Creek, San Rafael, San Mateo and Palo Alto. More information is available at www.presidiobank.com. Presidio Bank is a member of FDIC and an Equal Housing Lender.

Presidio Bank
Steve Heitel, 415-229-8428
President & CEO
or
Ed Murphy, 415-229-8403
EVP/CFO
or
MEDIA:
Annette Gelinas, 415-229-8415
Cell: 925-787-2956
SVP/Marketing Director
agelinas@presidiobank.com

Source: Presidio Bank