Bay Commercial Bank Announces Successful Completion of the Merger With Community Bank of San Joaquin

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WALNUT CREEK, Calif., April 28, 2014 (GLOBE NEWSWIRE) -- Bay Commercial Bank (OTC:BCML) announced today the successful merger of Community Bank of San Joaquin, Stockton, California into Bay Commercial Bank, effective after close of business on Friday, April 25, 2014.

George Guarini, President and Chief Executive Officer of Bay Commercial Bank, said: "We are extremely pleased and proud to be able to announce the consummation of this merger.

"We welcome the clients, employees and shareholders of the former Bank On It/ Community Bank of San Joaquin and look forward to jointly capitalizing on the strengths of both our banks. The combination of our banks strengthens not only Bay Commercial Bank's already strong capital base, but enhances our Northern California footprint in serving Contra Costa, Alameda, Santa Clara Counties, Napa, and now San Joaquin county.

"We will continue to provide a mix of commercial, industrial and real estate loans as well as loans guaranteed by the Small Business Administration and USDA. With the addition of the Stockton and Waterloo branches we can now add agricultural related banking to our list of products and services. In addition, we continue to offer 1031 tax-free exchange and business escrow services."

Guarini continued, "With total assets now approaching $500 million, and a capital base of more than $52 million, we continue to maintain a 5 star rating by Bauer Financial. ( Given the environment, we remain focused on credit quality with an eye toward strategic growth."

About Bay Commercial Bank:

Bay Commercial Bank offers a full-range of loan, including SBA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates. Bay Commercial Bank also offers business escrow services and facilitates tax free exchanges through its Bankers Exchange Division. Its full service branches in California are located at 500 Ygnacio Valley Road, Walnut Creek; 155 Grand Avenue, Oakland; 3895 E. Castro Valley Blvd, Castro Valley; 700 E. El Camino Mountain View; 960 School Street, Napa; 22 W. Yokuts Ave, Stockton; and 4426 E. State Highway 88 on Waterloo Road, Stockton.

Bay Commercial Bank is a member of FDIC and is an Equal Housing Lender. It is traded on the Over the Counter Bulletin Board under the symbol BCML. The Bank can be found on the web at

The Bank has made forward-looking statements in this Press Release that are subject to risks and uncertainties. Forward-looking statements include information concerning the Bank's possible or assumed future results of operations. Also, when the Bank uses such words as "believe," "expect," "anticipate," "plan," "could," "intend," or similar expressions, it is making forward-looking statements. Readers should not place undue reliance on the forward-looking statements, which reflect management's view only as of the date hereof. The Bank's actual results could differ materially from those expressed in any forward-looking statements as a result of certain factors, including (1) changes in interest rates, (2) significant changes in banking laws or regulations, (3) increased competition in the markets served by the entities, (4) other-than-expected credit losses due to adverse changes in the economy, (5) earthquake or other natural disasters impacting the condition of real estate collateral, (6) unexpected difficulties in the post-merger integration, and (7) legal, tax and accounting changes. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

CONTACT: Bay Commercial Bank Keary Colwell, Executive Vice President and Chief Financial Officer (925) 476-1805 Email:

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