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Press Release

Presidio Bank Names New Executive to Head East Bay Commercial Banking Team

Experienced Banking Professional Named to New Position to Expand Bank's Commercial Banking Activity in East Bay

Company Release - 1/7/2008 1:39 PM 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 Michael Skubic to expand it's commercial banking activity in the East Bay. Mr. Skubic will serve as Executive Vice President and Head of Commercial Banking for the East Bay. He will work closely with Vern Padgett, the Bank's East Bay Market President, and will be based in the Bank's Walnut Creek office.

"With the appointment of Mike to this new role, we are expanding our commercial capabilities to further support East Bay small- and medium-sized businesses," said Stephen Fleming, President/CEO and Co-Founder of Presidio Bank. "The East Bay is a very attractive market for us, and Mike will be putting together a highly professional team with 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."

Mr. Skubic brings more than 25 years of commercial banking experience, predominately serving the small- and middle-market in the East Bay. He holds a BA in Economics from UC Berkeley and an MBA from the University of San Francisco.

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. Through its offices in San Francisco, Walnut Creek, and Santa Rosa, Presidio Bank offers successful small- and medium-sized Bay Area businesses a comprehensive array of commercial banking products and professional services. 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, and executives.

Because Presidio Bank is small, it provides clients with highly individualized professional service, including access to the Bank's senior management. 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 has its headquarters at One Montgomery Street, Suite 2300, San Francisco, California 94104; telephone: 415.229.8400, or visit us on the web at

The Walnut Creek branch is located at 1850 Mt. Diablo Blvd, Suite 640, Walnut Creek, California 94596; telephone: 925.287.7880.

Source: Presidio Bank

Contact: Presidio Bank Stephen A. Fleming, 415-398-3100 (President & CEO)