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Press Release

Presidio Bank Names Four New Execs to Form San Rafael Team

Seasoned Banking Professionals Named to New Positions to Expand Bank's Operations in Northern Bay Area

Company Release - 11/8/2007 11:30 AM ET


Presidio Bank (OTCBB:PDOB), the fast growing San Francisco based business bank which started its operations in mid 2006, today announced the appointment of four senior managers to expand its current operations in the North Bay. Todd Allen will serve as Executive Vice President and Marin Market President, David Casassa as Vice President and Relationship Manager, Carla Stone as Vice President and Branch Manager, and Betsy Aldrete as Assistant Vice President and Relationship Service Manager.

"With these appointments, we are expanding our business to more closely support Marin County businesses," said Stephen Fleming, President/CEO and Co-Founder of Presidio Bank. "Marin County is one of the wealthiest counties in the country, and this highly professional team has the expertise to attract and provide exceptional service to the successful small- to medium-sized businesses, real estate professionals, professional service organizations, and non-profit organizations that are the cornerstone of our customer base."

Todd Allen will lead the team as Executive Vice President and Marin Market President. Todd brings more than 15 years of commercial banking experience, specifically serving the small and middle market in Marin County.

David Casassa brings more than a decade of commercial banking experience serving the Marin business community, and will assume the role of Vice President and Relationship Manager. He will be responsible for Presidio Bank's business development efforts in Marin County.

Carla Stone brings 20 years of experience working in Marin community banks to her role as Vice President and Branch Manager. Her successful career consists of all aspects of banking operations including teller, customer service, and regional management roles. Carla will be responsible for the Bank's operations in Marin County.

Betsy Aldrete joins the team as Assistant Vice President and Relationship Service Manager. She brings more than 25 years of experience to Presidio Bank, including a number of years as a service manager in San Francisco and working in various Marin community banks for the last 15 years.

About Presidio Bank

Founded in the summer of 2006, Presidio Bank (OTCBB:PDOB) was the first new locally owned and managed commercial bank in San Francisco in over 20 years. With initial equity capital of $40 million, it was also the largest initial capitalization of a new bank in California history. Presidio Bank offers successful small and medium-sized Bay Area businesses a comprehensive array of commercial banking products and professional services. And because Presidio Bank is small, it can provide clients with the kind of highly individualized professional service normally attributed to community banks. And because Presidio Bank has the capital base of a larger bank, it can serve the credit and financial needs of businesses ordinarily too large for a newly established community bank. Presidio Bank services the financial needs of a variety of commercial customers, including non-profit organizations, real estate investors and developers, professional service firms, and their owners, partners, executives, and others.

Presidio Bank has its headquarters at One Montgomery Street, Suite 2300, San Francisco, California 94104; telephone: 415.229.8400, or visit us on the web at

Photos Available Upon Request

Source: Presidio Bank

Contact: Presidio Bank Stephen A. Fleming, 415-398-3100 President & CEO or Gumas Advertising Tom Woolf, 415-621-7575 Director of PR