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PCBP News Premier Commercial Bank Marks Five-Year Anniversary

ANAHEIM, Calif.--(BUSINESS WIRE)--Premier Commercial Bank (PCB), a subsidiary of Premier Commercial Bancorp (OTCBB:PCBP), marks its fifth year of service. Milestones of this anniversary include a ranking as the third-largest commercial bank in Orange County, a new office in South Orange County and expansion into the Arizona market.

“In five short years, Premier Commercial Bank has joined the ranks of the largest and most successful commercial banks in Orange County,” said Ash Patel, president and chief operating officer of Premier Commercial Bancorp. “To support the growing needs of our existing and prospective client base, Premier Commercial Bank has mapped out strategic growth initiatives including a new office in South Orange County and expansion into the burgeoning Arizona market. PCB anticipates sustained growth in these markets, and looks forward to meeting and exceeding the expectations of these diverse communities.”

A hallmark of the bank’s rise to its position of industry leadership is a recent ranking by the Orange County Business Journal’s Book of Lists, which names Premier Commercial Bank as the third-largest OC-based commercial bank in the county.

In addition to this prestigious ranking, the bank’s continued growth is heralded by strategic expansion efforts.

Premier Commercial Bancorp recently announced the opening of Premier Commercial Bank, Arizona located at 1910 South Stapley Drive in Mesa, Ariz. The bank’s opening November 10, signifies PCB’s entry into the fast-growing Arizona market. In addition to Patel, who will serve as president and chief executive officer, Premier Commercial Bank, Arizona will be led by local business leaders and founders, Steven Ellsworth, Denny Barney and Brent Payne.

Premier Commercial Bank has also expanded its Orange County operations with a new office located at 2201 Dupont Drive, Suite 140, in Irvine, Calif. slated to open mid-December. It will be headed by Danni Remington Gilchrist, a 20-year banking veteran in the Orange County market.

About Premier Commercial Bank

Premier Commercial Bank, a subsidiary of Premier Commercial Bancorp (OTCBB:PCBP), is a full-service bank specializing in small- to medium-size businesses, professionals, entrepreneurs and hospitality industry clients. Premier Commercial Bancorp is a registered bank holding company based in Anaheim, Calif. For more information, visit www.pcboc.com or contact Ash Patel (714) 978 7500.

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 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.