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PCBP News Premier Commercial Bank Appoints Danni Remington Gilchrist as Senior Vice President/Regional Manager

IRVINE, Calif.--(BUSINESS WIRE)--Premier Commercial Bank, a wholly owned subsidiary of Premier Commercial Bancorp (OTCBB:PCBP), announced today the addition of Danni Remington Gilchrist as the company’s new senior vice president/regional manager. From the bank’s new Irvine deposit/loan production office, Gilchrist will lead PCB’s growth into South County, managing the banking needs of new and existing business clientele.

“Danni has a proven ability to develop and retain client bases of small- to medium-size businesses and high net worth individuals,” said Ash Patel, president and chief operating officer of Premier Commercial Bank. “Her experience is a great asset to our continued goal of expansion into new markets, including our new office which is being opened to better serve our clients in the Irvine and Newport Beach areas.”

Gilchrist brings twenty years of banking industry knowledge including more than 14 years in middle management roles in commercial banks in the Orange County area. She has developed and managed millions of dollars in commercial portfolios while providing customers with excellent customer service and cultivating loyal account relationships. Gilchrist will be working simultaneously on maintaining her current portfolio of clients while spearheading the opening and development of the new deposit/loan production office.

“Premier Commercial Bank’s philosophy of hands-on, personal service is an ideal match with my own style of management and doing business,” said Gilchrist. “I am thrilled to be given this opportunity to open a deposit/loan production office and contribute to its success.”

Gilchrist is very familiar with success, having received numerous awards throughout her career including “Remarkable Woman Honoree 2005” given by the National Association of Women Business Owners (NAWBO) and achieving “President’s Club Member 2005” from a well known commercial bank. She is also an active member of Financial Women International, Orange County Group, where she has served as president and received “Group of the Year” honors for two consecutive years, as well as being bestowed with the “OC Member of the Year 2005” award.

Since its inception in 2001, Premier Commercial Bancorp has gained a considerable market share in Orange County with assets increasing 66 percent over last year and posting a $1.9 million profit for 2005. Currently in its fifth year of operation, PCB is celebrating a number of milestones, including being ranked third-largest commercial bank in Orange County by Orange County Business Journal’s Book of Lists. In addition to the company’s expanded operations into Irvine, Calif., Premier Commercial Bancorp is also moving into Mesa, Arizona – the fastest-growing county in the United States.

About Premier Commercial Bank

Premier Commercial Bancorp is a registered bank holding company based in Anaheim, Calif. Premier Commercial Bank, a wholly owned subsidiary of Premier Commercial Bancorp, is a full-service bank specializing in small- to medium-size businesses, professionals, entrepreneurs and hospitality industry clients. Launched in November 2001, Premier Commercial Bank is the only independent bank with headquarters in Anaheim. The company also has offices in Irvine and Arizona, the latter slated for opening in Q4-2006. For further information, contact Ash Patel, president and COO or Ken Cosgrove, chairman and CEO at (714) 978-2400 or visit the Web site at http://www.pcboc.com/.

Cautionary Statement: Certain matters discussed in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon current management expectations and, therefore, are subject to certain risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed, suggested, or implied by the forward-looking statements. Forward-looking statements are effective only as of the date that they are made, and Premier Commercial Bancorp assumes no obligation to update this information. These forward-looking statements include Premier Commercial Bancorp's ability to grow and capitalize its proposed bank subsidiary in Arizona. In addition, these forward-looking statements, and Premier Commercial Bancorp's business, are subject to the risk factors described in the filings of Premier Commercial Bancorp with the Securities Exchange Commission.