N@N

Security Bank Announces Plans for a New Loan Production Office

^{Published on 2011-10-04 17:41:11 - Market Wire}
 

RIVERSIDE, Calif.--([ BUSINESS WIRE ])--Security Bank of California, the wholly-owned subsidiary of Security California Bancorp (OTCBB: SCAF), announced plans today to open a Loan Production Office in Irwindale. aWe are excited about the opportunities that this area presents to the Bank, and are very proud of the Irwindale team that we have assembled,a commented James A. Robinson, Chairman and CEO of the Bank. aThey bring not only significant banking expertise but also a strong commitment to meeting the banking needs of this vibrant business community.a

"They bring not only significant banking expertise but also a strong commitment to meeting the banking needs of this vibrant business community."

Senior Vice President Bill Schroeder will lead the Banka™s team in Irwindale. Joining Bill will be Al Ayala, Vice President and Relationship Manager and Assistant Vice President Lillian Higuera.

The Bank indicated that the office will open during the fourth quarter of 2011.

Forward Looking Statement Disclaimer -

This release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Banka™s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect managementa™s view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.