Premier Service Bank Announces Resignation of Chief Credit Officer

Ms. Rivers had served as the Executive Vice President and Chief Credit Officer of the Bank since July 2002. She assisted in the organization of the Bank and was one of the original employees of the Bank when it opened in September 2001.

No replacement has been hired to date to replace Ms. Rivers. Until such a replacement is hired, Mr. Pendergast will serve as the Bank's acting Chief Credit Officer.

President and Chief Executive Officer Kerry Pendergast stated, "We will miss Angela's many contributions to the Bank and wish her well in her new position in Orange County. We will now begin the process of finding her replacement, and hope to have that accomplished over the next few weeks. In the meantime, our loan officers will continue to provide the same high level of service which our customers expect and deserve."

Premier Service Bank is a California state-chartered bank with two offices, its headquarters office in Riverside and a full-service banking office in Corona. The Bank provides commercial banking services, including a wide variety of checking accounts, investment services with competitive deposit rates, on-line banking products, and real estate, construction, commercial and consumer loans, to small and medium-sized businesses, professionals and individuals. Additional information about Premier Service Bank is available at its website at www.premierservicebank.com.

Forward-looking Statements

This news release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about Premier Service Bank's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and in the following: Premier Service Bank's ability to increase its assets, deposits and total loans, control expenses, retain critical personnel, manage interest rate risk, manage technological changes, address regulatory requirements, and other risks discussed from time to time in Premier Service Bank's filings and reports with the Federal Deposit Insurance Corporation. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and Premier Service Bank does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

For a more complete discussion of risks and uncertainties, investors and security holders are urged to read Premier Service Bank's annual report on Form 10-K, quarterly reports on Form 10-Q and other reports filed by Premier Service Bank with the FDIC.

SOURCE: Premier Service Bank

Premier Service Bank 
Kerry L. Pendergast, President and CEO 
or 
Jessica Lee, Executive Vice President and CFO 
951-274-2400