CHULA VISTA, CA--(Marketwire - Feb 24, 2012) - Seacoast Commerce Bank (OTCBB: [ SCCB ]) today announced the hiring of Kelvin Davis, Senior Vice President and SBA Business Development Officer, who will be located in the bank's Glendale Loan Production Office. Mr. Davis has over 25 years of banking experience with a majority of it in the SBA lending industry, in addition to credit administration and regulatory experience.

"Kelvin is a great addition to our SBA Team and gives us an entrance into the San Fernando Valley and Ventura County markets. Kelvin has been a large volume producer of SBA loans, specifically for the small business that wants to buy their own facility," states David H. Bartram, Executive Vice President and SBA Division Manager.

Seacoast Commerce Bank is a business bank operating in San Diego, California, with loan production offices in San Diego County, Orange County, Los Angeles, San Ramon and Sacramento, California; Bellevue, Washington; Phoenix, Arizona and Dallas, Texas. For more information on the bank please visit our website at [ www.sccombank.com ] or contact Richard M. Sanborn, President and Chief Executive Officer at 619-409-5762. For more information on Seacoast Commerce Bank's SBA lending platform, please visit [ www.sbaconnect.com ], or contact David H. Bartram, Executive Vice President and SBA Division Manager at 760-796-5544.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business, and the intent, belief or current expectations of the Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such "forward-looking" statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank's performance and regulatory matters.