Presidio Bank Adds Client Expertise

Richard Cerf Joins as Relationship Manager

SAN FRANCISCO–(BUSINESS WIRE)–Presidio Bank (OTCBB:PDOB), a Bay Area business bank, today announced
that it has hired Richard Cerf as Senior Vice President/Relationship
Manager in the San Francisco Regional Office.

“Richard’s banking expertise combined with his market knowledge make him
a great fit for Presidio Bank. We are thrilled that he has joined our
team as we continue to grow the bank.”

Richard brings with him 25 years of banking experience providing
businesses with financing and treasury management solutions. He joins
the Presidio Bank team from City National Bank where he was a
relationship manager for companies in the San Francisco area.
Previously, he was with Silicon Valley Bank.

Richard lives in Marin County with his wife and two daughters and serves
as the Board Treasurer for The Ritter Center, a San Rafael
not-for-profit organization. He is a graduate of UC Berkeley.

Steve Heitel, Presidio Bank President Chief Executive Officer stated,
“Richard’s banking expertise combined with his market knowledge make him
a great fit for Presidio Bank. We are thrilled that he has joined our
team as we continue to grow the bank.”

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

This press release contains certain forward-looking statements that
involve risk and uncertainties. These statements are identifiable by use
of the words “believe,” “expect,” “intend,” “anticipate,” “plan,”
“estimate,” “project,” or similar expressions. The risks and
uncertainties that may affect the operations, performance, development,
growth projections and results of Presidio Bank’s business include, but
are not limited to, the growth of the economy, interest rate movements,
timely development by Presidio Bank of technology enhancements for its
products and operating systems, the impact of competitive products,
services and pricing, client-based requirements, Congressional
legislation, changes in regulatory or generally accepted accounting
principles and similar matters. Readers are cautioned not to place undue
reliance on forward-looking statements which are subject to influence by
the named risk factors and unanticipated future events. Actual results,
accordingly, may differ materially from management expectations.

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Article source: http://www.businesswire.com/news/home/20110706005522/en/Presidio-Bank-Adds-Client-Expertise

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