Category Archives: Public Companies

Paragon Insurance Holdings, LLC Acquires Argo Landscapers Program

AVON, Conn. /ScoopCloud/ -- Paragon Insurance Holdings, LLC, a national multi-line specialty program manager, today announced it has contracted with Argo Group International Holdings, Ltd. to assume MGA responsibilities for Argo's Landscape Contracting program, effective January 1, 2019.

"The Landscapers program aligns well with our other growth businesses," said Ron Ganiats, CEO of Paragon Insurance. "We look forward to expanding the program through additional resources and investment."

Steve Hartman ran the program at Argo and with the sale, he has joined Paragon. Hartman is located in Fresno, California. The business will be managed as part of Paragon's western states operations reporting into San Diego. The addition of the program and Hartman are part of a larger strategy that will see Paragon launch new programs and underwriting facilities from the company's expanding San Diego operations.

The sale of the program enables Argo to simplify operations and focus efforts on other strategic growth opportunities within its U.S. business.

Any inquiries can be directed to Andrew Petersen at Paragon Insurance Holdings in San Diego: Email apetersen@paragoninsgroup.com or Cell 415-317-4978

About Paragon:

A broadly diversified MGA and Specialty Program Manager, Paragon provides unique opportunities and solutions to retail agents, insurance carriers, reinsurers and vendor partners. Please visit https://www.paragoninsgroup.com/ for additional information.

About Argo Group International Holdings, Ltd.:

Argo Group International Holdings, Ltd. (NYSE: ARGO) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of products and services designed to meet the unique coverage and claims handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo Group's insurance subsidiaries are A.M. Best-rated 'A' (Excellent) (third highest rating out of 16 rating classifications) with a stable outlook, and Argo Group's U.S. insurance subsidiaries are Standard and Poor's-rated 'A-' (Strong) with a positive outlook. More information on Argo Group and its subsidiaries is available at https://www.argolimited.com/.

REF: ( NYSE:ARGO )

Paragon Insurance Holdings, LLC, a national multi-line specialty program manager, today announced it has contracted with Argo Group International Holdings, Ltd. to assume MGA responsibilities for Argo's Landscape Contracting program, effective January 1, 2019.

Related link: https://www.paragoninsgroup.com/

Bank of Southern California, N.A. Names Lori Boucher Vice President Branch Manager in La Quinta

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Lori Boucher Vice President, Branch Manager. She will be responsible for sales and service of both consumer and business relationships at Bank of Southern California's La Quinta branch in Coachella Valley.

Mrs. Boucher is a results-oriented leader with a strong track record of performance, bringing 38 years of banking experience, including fifteen years as a Branch Manager. Prior to joining Bank of Southern California, she served as the Branch Manager of One West Bank's Indian Wells Branch.

"Lori is an outstanding addition to our dynamic Coachella Valley banking team," said Pam Isaacson, Executive Vice President and Chief Administrative Officer. "Her strong sales and results-driven experience, along with her extensive industry knowledge and commitment to delivering superior service, will play a key role in growing Bank of Southern California's regional presence," concluded Isaacson.

About Bank of Southern California

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses.

The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates ten branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in Orange County and West Los Angeles.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

*PHOTO link for media: Send2Press.com/300dpi/19-0102s2p-boucher-300dpi.jpg
*Photo Caption: Bank of Southern California names Lori Boucher Vice President, Branch Manager.

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Lori Boucher Vice President, Branch Manager. She will be responsible for sales and service of both consumer and business relationships at Bank of Southern California's La Quinta branch in Coachella Valley.

Related link: https://www.banksocal.com/

United Community Bank Picks LBA Ware’s CompenSafe for Efficient, Flexible Automation of Loan Originator and Processor Commissions

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Georgia-based United Community Banks, Inc. (NASDAQ: UCBI) ("United") has deployed CompenSafe(TM) to automate loan originator (LO) and processor commissions.

The FDIC-insured community bank has been using CompenSafe to efficiently and compliantly automate commissions for its 80 LOs and supporting loan processors since August. CompenSafe's built-in integrations with the bank's payroll provider and Ellie Mae(R) Encompass(R) loan origination system (LOS) helped make the bank's transition away from spreadsheets a smooth one.

"Before CompenSafe, our commissions process was arduous and ate up a lot of man-hours," said Mike Davies, president of United Community Bank Mortgage Services, the mortgage lending division of United. "Our outdated process required several steps with manual input that we knew would not be sustainable as our company continues to grow."

"We wanted a more efficient process - something that would stand up to audits and that could be monitored, managed and scaled for growth," Davies continued. "CompenSafe was a brilliant choice for us because of its out-of-the-box integrations with our payroll and origination systems. It's greatly simplified the commissions process and given our HR, accounting and audit departments a high degree of confidence that everything is done with exactness and thoroughly documented."

CompenSafe gives United much-needed flexibility to control its own compensation schedules, including the ability to specify multiple KPIs and payout tiers. For example, while the bank's LOs earn commissions based on the number and volume of loans closed, its processors are bonused based on performance metrics like speed and quality. Commission projections are updated automatically in CompenSafe as loans close and are available to LOs and processors on-demand to help motivate performance.

"We're proud to offer United Community Bank a flexible solution for automating not just LO commissions, but also performance-based bonus payouts for loan processors, whose quality and speed of work is essential to delivering an exceptional borrower experience," said LBA Founder and CEO Lori Brewer. "CompenSafe helps producers stay motivated and lets banks say goodbye to manual, spreadsheet-driven processes without missing a beat when it comes to maintaining a compliant audit trail."

About United Community Banks, Inc.:

United Community Banks, Inc. (NASDAQ: UCBI) is a bank holding company headquartered in Blairsville, Georgia with $12.4 billion in assets. The company's banking subsidiary, United Community Bank, is one of the southeast region's largest full-service banks, operating 150 offices in Georgia, North Carolina, South Carolina and Tennessee at the end of the most recent quarter. The bank specializes in personalized community banking services for individuals, small businesses and corporations. Services include a full range of consumer and commercial banking products including mortgage, advisory, and treasury management. Respected national research firms consistently recognize United Community Bank for outstanding customer service.

For the last five years, J.D. Power has ranked United Community Bank first in customer satisfaction in the Southeast. In 2018, for the fifth consecutive year, Forbes magazine included United on its list of the 100 Best Banks in America. Additional information about the company and the bank's full range of products and services can be found at https://www.ucbi.com/.

About LBA Ware:

Founded in 2008, LBA Ware's mission is to inspire opportunity by delivering solutions that are essential to the way mortgage companies operate. We are a trusted partner and play a key role in our clients' success by enabling them to motivate, incentivize and better leverage the human potential within their organization. Our applications automate traditionally manual business processes for which an existing software solution does not exist, empowering lenders to create an integrated software environment that maximizes their productivity and operational efficiency. For more information about LBA Ware and our software solutions, visit https://lbaware.com.

Twitter: @LBAWare @ucbi #CompenSafe

LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Georgia-based United Community Banks, Inc. (NASDAQ: UCBI) ("United") has deployed CompenSafe to automate loan originator (LO) and processor commissions.

Related link: https://lbaware.com/

SecurityNational Mortgage Implements a Fully Paperless Closing Process Using DocMagic’s Total eClose Platform

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant and document preparation, regulatory compliance and comprehensive eMortgage services, and SecurityNational Mortgage Corporation (SNMC), an independent national mortgage banker, jointly announced that they successfully rolled out DocMagic's comprehensive Total eClose(TM) platform.

Since rolling out Total eClose in September, SNMC has reduced borrower time at the closing table to as little as 15 minutes, and become one of the first national lenders to offer a true eClosing solution that involves no paper whatsoever. It has dramatically sped up the closing process, ensuring accuracy and loan quality, and delivering newfound efficiencies for borrowers, notaries and settlement providers. Total eClose enables SNMC's customers to preview documents prior to closing, eSign all documents, and complete both remote and in-person eNotarizations. As a result, SNMC is now positioned to capture more market share, reduce operational costs, expedite closing times and elevate the borrower experience.

"Our goal was to perfect a completely digital eClosing process, not to be just another lender offering a basic hybrid closing," said Steve Johnson, president of SNMC. "Achieving our goal required a powerful end-to-end technology, a perfectly executed seamless implementation, and an intuitive interface that everyone-staff, settlement service providers and borrowers-could use immediately, without a steep learning curve. We got that and more with DocMagic. Plus, the DocMagic implementation team was with us all the way. We never had to worry about a thing."

The two companies approached the project as partners to ensure swift adoption and a quick understanding of the new workflow-driven eClosing process for both SNMC's staff and customers. DocMagic worked hand-in-hand with the lender, leveraging its vast eMortgage expertise to help sculpt a unique strategy and a successful go-to-market launch. Unlike other document and eClosing solution providers, DocMagic takes an ultra hands-on approach to implementations, from developing the project roadmap, to training all parties-such as staff, title agents and notaries-to synchronized testing of each facet of the Total eClose platform.

"Our implementation teams function like expert consultants-we work very closely with each client, guiding them literally every step of the way," said Dominic Iannitti, president and CEO of DocMagic. "There is a huge number of moving pieces in an eClosing solution. As a single source solution, we have intricate knowledge of every one of them, so there are none of the issues that plague other providers-not only immediately after the implementation, but over the long haul as well. In contrast, lenders who choose incomplete or cobbled-together eClosing technologies may have to hit the restart button within 12 to 18 months and search for a comprehensive solution."

DocMagic is a recognized eClosing pioneer, and has been a part of virtually every state-first eClosing in the U.S.

"We're pleased to work with companies like SecurityNational Mortgage that truly understand the value of implementing a 100 percent paperless eClosing process," said Iannitti. "They have taken a leadership position in facilitating eClosings and are ready for an inflow of new business that will be conducted very efficiently."

DocMagic's comprehensive suite of eSolutions and eServices also includes SMARTDocs, eNotes capability, eVault technology, eWarehouse lending, and even loan servicing.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com.

About SecurityNational Mortgage Company:

SecurityNational Mortgage Company (SNMC) is an award-winning retail mortgage lender. Headquartered in Salt Lake City, Utah, the company has 102 offices across the nation and is currently licensed in 44 states. SNMC is a wholly-owned subsidiary of Security National Financial Corporation, a publicly traded company (SNFCA - NASDAQ(R)). Founded in 1993, SNMC is celebrating its 25th year in business and is proud to have helped thousands of homeowners each year with their home purchases and refinances. SecurityNational Mortgage Company is an Equal Housing Lender (NMLS 3116). For more information, visit https://snmc.com/.

REF: NASDAQ:SNFCA

DocMagic, Inc., the premier provider of fully-compliant and document preparation, regulatory compliance and comprehensive eMortgage services, and SecurityNational Mortgage Corporation (SNMC), an independent national mortgage banker, jointly announced that they successfully rolled out DocMagic's comprehensive Total eClose(TM) platform.

Related link: https://www.docmagic.com/

NotaryCam, Stewart Title Execute First Complete Purchase and Sale Mortgage Transaction via Remote Online Closing in Virginia

NEWPORT BEACH, Calif. /ScoopCloud/ -- NotaryCam(R), the leader in online notarization and the original provider of mortgage eClosing solutions, today announced it has completed the first remote online closing (ROC) for a purchase and sale transaction in Virginia in conjunction with Stewart Title(R). Using NotaryCam's eClose360(R) platform, Stewart Title facilitated both sides of the eClose transaction between the buyer and seller, marking the first time that both parties to one transaction completed their portion of the closing remotely.

"Virginia was a pioneer in the adoption of remote online notarization legislation, which serves as a key component to the ROC process," said NotaryCam Founder Rick Triola. "NotaryCam foresaw the need for home buyers and seller to be able to complete the closing process remotely years ago, and in working with forward-thinking industry partners like Stewart Title, we've been able to steadily increase the number of ROC transactions under our belt since our first in 2012, now exceeding 130,000 transactions."

eClose360 by NotaryCam provides lenders and title/closing agents with a secure, online closing room for remote online closings. Users can upload closing documents, meet with signers and return fully executed and compliant documents within an hour. The platform also records the entire transaction, providing closing agents and lender with verifiable proof that the transaction was completed in accordance with all relevant laws and regulations and with the signers' full understanding and intent.

"Stewart continues to innovate and leverage technology to simplify the complex closing process, allowing customers to now close faster and more securely, anywhere, at any time," said Scott Gillen, Senior Vice President, Industry Relations, Stewart Title. "NotaryCam gives us an added advantage to meet our customer needs by providing a fully digital closing solution that saves everyone time and money, and ultimately enhancing the customer experience."

About Stewart:

Stewart Information Services Corporation (NYSE:STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers(TM) and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction.

At Stewart, we believe in building strong relationships - and these partnerships are the cornerstone of every closing, every transaction and every deal. Stewart. Real partners. Real possibilities.(TM) More information is available at https://www.stewart.com/, subscribe to the Stewart blog at blog.stewart.com, or follow Stewart on Twitter(R) @stewarttitleco. Trademarks are the property of their respective owners.

About NotaryCam:

After pioneering the world's first remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam in 2012, and shortly thereafter, the company completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states.

The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Twitter: @NotaryCam @stewarttitleco

NotaryCam(R), the leader in online notarization and the original provider of mortgage eClosing solutions, today announced it has completed the first remote online closing (ROC) for a purchase and sale transaction in Virginia in conjunction with Stewart Title(R).

Related link: https://www.notarycam.com/

Bank of Southern California NA Hires Pamela Marble as Managing Director in Orange County

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Pamela Marble as Managing Director in Orange County. In this role, she will be responsible for business development and client relationship management. Bank of Southern California plans to transition its local production office into a full-service Regional office in the first quarter next year.

Mrs. Marble joins Bank of Southern California with more than 35 years of industry experience in management, sales, and operations, with a primary focus on providing depository solutions to small to mid-sized businesses and Homeowner Associations.

She most recently served as Vice President Deposit Relationship Manager, Deposit Services for HomeStreet Bank in Orange County. Actively involved in the community, she is a member of the Community Association Institute and past member of Manhattan Beach, Torrance and Harbor Gateway Chambers.

"Pamela is an outstanding addition to our business banking group and will further enhance Bank of Southern California's presence in the Orange County and surrounding markets," said Tony DiVita, Executive Vice President and Chief Banking Officer.

"She brings a wealth of industry and market experience, with a strong reputation building profitable and lasting client relationships," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates eleven branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in West Los Angeles and Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

###

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Pamela Marble as Managing Director in Orange County. In this role, she will be responsible for business development and client relationship management.

Related link: https://www.banksocal.com/

Bank of Southern California, N.A. Opens West Los Angeles Office

LOS ANGELES, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, Calif., is pleased to announce its continued expansion in Los Angeles with the opening of a new production office in West Los Angeles.

The office, located at 11150 Santa Monica Blvd., Suite 890, will be Bank of Southern California's fifth location in the County, further demonstrating its commitment to the vibrant Los Angeles business community.

"The opening of this production office further expands our network and presence in the region, providing us with the opportunity to meet the growing demand of businesses throughout Los Angeles County," said Nathan Rogge, President and CEO of Bank of Southern California.

"The West Los Angeles market is attractive, not only because of its proximity to the Bank's existing footprint, but also because of the number of thriving and prosperous businesses in the region left unserved by larger banks," Rogge added.

The West Los Angeles office will be staffed with Soly Cangarlu, Branch Manager, Jackline Saidian, Branch Service Manager, and Ann Torrico, Managing Director. They each bring deep, local roots and extensive industry and market expertise.

"The company's strategic vision is to become a leading community business bank serving the Southern California region, and grow into the Bank's name as it implies," said Rogge. "Bank of Southern California has grown significantly in recent years through a combination of organic growth and acquisition, and we are continuing to pursue new market growth opportunities in 2019."

"Our clients recognize the value of our relationship-based, solutions-driven approach, which combines the sophisticated financial expertise and tools of a large bank with the genuine, personalized service and local engagement of a community bank. We are pleased that we can now better serve Orange County businesses," concluded Rogge.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates ten branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as production offices in Orange County and West Los Angeles.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Bank locations: https://www.banksocal.com/about-us/locations/

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. ( OTC Pink: BCAL / OTCMKTS:BCAL ), a community business bank headquartered in San Diego, Calif., is pleased to announce its continued expansion in Los Angeles with the opening of a new production office in West Los Angeles.

Related link: https://www.banksocal.com/

Bank of Southern California, NA Announces Third Quarter 2018 Financial Results (OTC:BCAL)

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $874,988 for the third quarter of 2018, compared to $1,088,043 for the third quarter of 2017. For the nine months ended September 30, 2018, net income was $3,253,441, compared to $2,830,295 for the nine months ended September 30, 2017. Results for the quarter and nine months ended September 30, 2018, include approximately $1.2 million and $1.6 million, respectively, in expenses related to the acquisition of Americas United Bank (OTC Pink: AUNB), which was completed on July 31, 2018.

Commenting on the recently completed acquisition of Americas United Bank, Nathan Rogge, President and CEO of Bank of Southern California said, "We are pleased to welcome Americas United Bank customers, employees, and shareholders to Bank of Southern California. We look forward to capitalizing on our newly expanded footprint and realizing greater efficiencies for the benefit of our shareholders, customers and the communities we serve."

"In addition to leveraging Americas United Bank's talented employees, we also hired several tenured and experienced commercial bankers to further expand on the small business opportunities in the market. We are well positioned to meet the needs of the Southern California business community and look forward to continued growth and success," concluded Rogge.

Total assets at September 30, 2018, were $735 million, up 57% from $468 million at September 30, 2017. Total loans increased to $607 million at September 30, 2018, compared to $387 million at September 30, 2017, an increase of $219 million, while total deposits were $633 million at September 30, 2018, compared to $418 million at September 30, 2017, an increase of $215 million. The increase in total assets, loans and deposits is largely attributable to the acquisition of AUNB, which added approximately $190 million in loans and $203 million in deposits on July 31, 2018.

Other Financial Highlights
* Net interest income for the quarter ended September 30, 2018, increased 27.5% to $6.7 million from $5.3 million in the prior quarter, primarily from the 26% increase in average earning assets. Net interest margin of 4.23% includes 6 basis points of fair valuation accretion, which is similar to prior quarters. Net interest income will increase, along with average earning assets, in the fourth quarter as we realize a full period post-merger and the relative impact of fair value accretion is also expected to increase in the fourth quarter.
* Additional cost savings related to synergies from the acquisition of AUB, such as post-conversion data processing expenses, will continue to be realized in the fourth quarter.
* Nonperforming assets were 0.51% of total assets at September 30, 2018, compared to 0.53% in the prior quarter. The allowance for loan losses (ALLL) was 0.65% of total loans at September 30, 2018, compared to 0.83% in the prior quarter; however, when including over $2.8 million in loan fair value credit marks (LFVCM), the ALLL and LFVCM represent 1.11% of total loans.
* The Bank continues to be "well-capitalized". After raising $26 million in capital earlier in 2018 and completing the merger July 31, 2018, the Bank reported total risk-based capital of 14.3% as of September 30, 2018, up from 13.5% at December 31, 2017.

[Quarterly Financial Highlights Table Follows]

For more details about our quarterly results, please visit the "About Us" / "Financials" page of our website - https://www.banksocal.com/about-us/financials/ - and follow the link labeled: Quarterly Results and Trends

About Bank of Southern California:
A growing community bank established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products and services to individuals, professionals, and small-to-mid sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates eleven branches in San Diego County, Los Angeles County, and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Forward-Looking Statements
This news release may contain comments or information that constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) and Bank of Southern California intends for such forward-looking statements to be covered by the safe harbor provisions of that Act.

Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict. Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the ability of the Bank to successfully execute its business plan; changes in interest rates and interest rate relationships; changes in demand for products and services; the degree of competition by traditional and non-traditional competitors; changes in banking legislation or regulation; changes in tax laws; changes in prices, levies and assessments; the impact of technological advances; the outcomes of contingencies; trends in customer behavior as well as their ability to repay loans; and changes in the national and local economy.

Bank of Southern California undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: Tony DiVita
Bank of Southern California
(858) 847-4783
tdivita@banksocal.com

Bank of Southern California Quarterly Financial Highlights (Unaudited)
		Quarterly					9 Months YTD
($$ in thousands except per share data)		2018	2018	2018	2017	2017
		3rd Qtr	2nd Qtr	1st Qtr	4th Qtr	3rd Qtr	2018	2017
EARNINGS
Net interest income	$	6,736	5,282	4,851	4,711	4,802	16,869	13,041
Provision for loan losses	$	450	400	300	0	0	1,150	271
NonInterest income	$	577	602	1,098	799	380	2,277	1,410
NonInterest expense	$	5,587	3,652	4,053	3,245	3,389	13,292	9,477
Income tax expense	$	401	526	524	1,132	705	1,451	1,872
Net income	$	875	1,306	1,072	1,134	1,088	3,253	2,830

Basic earnings per share	$	0.11	0.19	0.20	0.22	0.21	0.49	0.55
Average shares outstanding		7,689,827	6,991,327	5,281,297	5,221,606	5,219,095	6,654,150	5,179,196
Ending shares outstanding		8,398,092	6,998,750	6,953,720	5,223,627	5,221,197	8,398,092	5,221,197

PERFORMANCE RATIOS
Return on average assets		0.52%	1.00%	0.90%	0.95%	0.96%	0.77%	0.87%
Return on average common equity		3.77%	6.85%	8.53%	9.08%	8.93%	5.93%	8.10%
Yield on loans		5.30%	5.38%	5.13%	4.94%	5.39%	5.26%	5.08%
Yield on earning assets		4.87%	4.78%	4.78%	4.62%	4.85%	4.78%	4.58%
Cost of deposits		0.72%	0.62%	0.53%	0.47%	0.41%	0.63%	0.36%
Net interest margin		4.23%	4.22%	4.27%	4.17%	4.46%	4.21%	4.24%
Efficiency ratio		76.40%	62.06%	68.13%	58.87%	65.40%	69.42%	65.58%

CAPITAL
Tangible equity to tangible assets		11.14%	14.54%	14.14%	10.10%	10.12%	11.14%	10.12%
Book value (BV) per common share	$	11.77	11.00	10.79	9.51	9.31	11.77	9.31
Tangible BV per common share	$	9.49	10.81	10.59	9.25	9.04	9.49	9.04

ASSET QUALITY
Net loan charge-offs (recoveries)	$	(29)	341	(9)	210	(106)	304	(95)
Allowance for loan losses (ALLL)	$	3,922	3,443	3,385	3,076	3,286	3,922	3,286
ALLL to total loans		0.65%	0.83%	0.83%	0.77%	0.85%	0.65%	0.85%
Loan fair value credit marks (LFVCM)	$	2,834	681	759	779	847	2,834	847
ALLL and LFVCM to total loans		1.11%	0.99%	1.01%	0.97%	1.07%	1.11%	1.07%
Nonperforming loans	$	3,733	2,747	1,272	1,362	1,086	3,733	1,086
Other real estate owned	$	0	0	0	0	0	0	0
Nonperforming assets to total assets		0.51%	0.53%	0.24%	0.28%	0.23%	0.51%	0.23%

END OF PERIOD BALANCES
Total loans	$	606,753	414,925	409,196	399,402	387,790	606,753	387,790
Total assets	$	734,923	521,437	522,118	479,512	467,976	734,923	467,976
Deposits	$	632,803	442,046	444,300	407,485	417,519	632,803	417,519
Loans to deposits		95.88%	93.86%	92.10%	98.02%	92.88%	95.88%	92.88%
Shareholders' equity	$	98,865	77,006	75,016	49,698	48,619	98,865	48,619
Full-time equivalent employees		94	65	73	76	63	94	63

AVERAGE BALANCES (QTRLY) \| \| (YTD)
Total loans	$	540,165	407,779	403,693	394,864	359,961	452,590	349,090
Earning assets	$	632,508	501,776	460,636	447,834	426,992	535,650	411,325
Total assets (net of AFS valuation)	$	670,942	525,934	484,628	471,271	450,737	565,060	435,160
Deposits	$	569,424	446,815	425,641	419,101	401,147	482,113	386,972
Shareholders' equity	$	92,091	76,440	50,983	49,548	48,325	73,322	46,704

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL / OTCMKTS:AUNB / OTC:AUNB

Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $874,988 for the third quarter of 2018, compared to $1,088,043 for the third quarter of 2017. For the nine months ended September 30, 2018, net income was $3,253,441, compared to $2,830,295 for the nine months ended September 30, 2017. Results for the quarter and nine months ended Sept. 30, 2018, include approximately $1.2 million and $1.6 million, respectively, in expenses related to the acquisition of Americas United Bank (OTC Pink: AUNB), which was completed on July 31, 2018.

Related link: https://www.banksocal.com/

Byte Back Wins CDN $1 Million TD Grant for Expansion

WASHINGTON, D.C. /ScoopCloud/ -- Today, TD announced Byte Back as one of 10 recipients of the inaugural TD Ready Challenge grants. Each recipient organization will receive CDN $1 million (USD $775,000) to help them scale innovative solutions aimed at preparing North Americans for the economy of the future.

With a focus on financial security, the recipients of this year's Challenge will apply the grants to solutions they have designed to help workers transform their existing skills and build new ones and help reduce barriers to STEM training for underrepresented groups to open doors for individuals who have the greatest risk of falling behind due to rapid technological advancement.

Byte Back is a Washington, D.C.-based 501(c)(3) nonprofit that connects communities with inclusive tech training and pathways into living-wage careers. With the CDN $1 million investment, Byte Back will expand into Baltimore in 2019 and begin to fully explore a national expansion. This is the first time in 21 years that the nonprofit has expanded outside the Washington, D.C. region.

The technology skills gap Byte Back addresses isn't unique to its home region. In the U.S., 28 million adults are living in poverty. Since 2002, the U.S. economy has lost 28 million low tech jobs that have disappeared or now require medium and high tech skills. Byte Back provides a unique solution for adults who haven't had the opportunity to use technology in their careers.

"The changing workplace presents new opportunities for a prosperous economy, but we must grow in ways that allow everyone a chance to succeed," says Bharat Masrani, Group President and Chief Executive Officer, TD Bank Group. "Fortunately, there is no shortage of innovative ideas to support greater income stability - ideas that can open doors and help people feel more confident in the future."

With this investment from TD, Byte Back will train at least 72 people in Baltimore in the first year and set the stage for the organization's national expansion.

"Thousands of adults are still struggling to succeed in the digital economy, and we cannot leave them behind. They deserve education opportunities, they deserve to fully participate in a digital world, and they deserve living-wage careers," said Elizabeth Lindsey, executive director of Byte Back. "We're really dreaming now about what it looks like for our impact to expand to hundreds and thousands more people across the country."

About the TD Ready Challenge:

Acting as a springboard for social innovation, TD established the TD Ready Challenge to identify and support scalable solutions to a specific issue identified within The Ready Commitment. In its inaugural year, the issue of focus for the TD Ready Challenge was helping to increase income stability and encouraged non-for-profit organizations across North America that are working on innovative solutions to help increase income stability and help improve the skills people will need for the economy of the future. In total, TD granted $10 million (CDN) under the 2018 Challenge.

From over 200 submissions, TD shortlisted 15 semi-finalists who presented their solutions on September 7, 2018 in Toronto, Ontario.

These semi-finalists were then judged in two rounds by a panel composed of TD executives and external subject matter experts, including Linda Nazareth, economist and trends expert, and Jennifer Tescher, president and CEO, Centre for Financial Services Innovation (CFSI). Ten finalists were then chosen by the panel at the close of the second round.

About Byte Back:

Byte Back connects communities with inclusive tech training and pathways into living-wage careers. For 21 years, its innovative training pathway has helped hundreds of graduates move from low tech skills to recognized certifications and into careers that use technology.

Byte Back's TD Ready Challenge Solution: Byte Back Ready - Proven Pathways to Economic Success
* Byte Back will scale its inclusive training pathway from the Washington, DC region into Baltimore, helping more people enter life-changing careers and fully participate in the digital economy.

Learn more about Byte Back at: https://byteback.org/

2018 TD Ready Challenge grantees include:
* ACCES Employment (Canada - Ontario): Women in Technology
o Recognizing emerging high-growth areas in STEM, ACCES Employment will provide immigrant women with training, employer connections and experiential learning to help secure and retain competitive employment in programming and cybersecurity, in collaboration with Seneca College.

* Canada Learning Code (Canada - Ontario): Unlocking the Power of Code - Digital Literacy Education for Adults
o This education initiative will offer hands-on, accessible learning experiences for mid-career individuals to increase their digital literacy and technological knowledge to thrive in a rapidly-changing job market, while acting as a bridge for adults interested in making a career shift into technology.

* Ecole des entrepreneurs de Quebec (Canada - Quebec): Previsio Software with Financial Literacy Training
o To address the challenge of financial forecasting for entrepreneurs as they evaluate the viability of their projects, this program will enhance capabilities and tools to help increase entrepreneurs' financial literacy and enable them to make strategic decisions based on business results.

* Immigrant Access Fund Canada (Canada - Alberta): Increasing Income Stability for Skilled Immigrants
o This program will increase income stability for newcomers with a program providing low-interest loans of up to $10,000 to skilled immigrants to fund the costs of training and recertification, while offering support and guidance to unlock participants' past education and experience.

* JEVS Human Services (US - Pennsylvania): JEVS-College for America - Greater Philadelphia Area
o A collaborative effort with Southern New Hampshire University's College for America (CfA), this initiative will address the inaccessibility of post-secondary education for those from low-income families by offering the opportunity for individuals to attend employer-driven degree programs, while providing direct access to living wage opportunities.

* Jobs for the Future (JFF) and Audacious Futures (Cross-Border - Massachusetts): Scaling AudaciousYou - the Google Maps for the Future of Work and Learning
o AudaciousYou, a personalized, research-backed, AI-powered upskilling/reskilling solution, will be scaled to help empower workers at risk from automation and a changing world of work to develop future-ready skills and connect to job opportunities by employing a holistic approach, including video and AI technologies.

* Public Health Management Corporation (PHMC) (US - Pennsylvania): Creating Income Security through Technology-Based Workforce Development
o A partnership between PHMC and Homeworks N' Camden, a local nonprofit, this initiative will work with young adults to build towards a sustainable future by blending intensive coding with technology skills through a nationally-recognized workforce development curriculum.

* Seneca College of Applied Arts and Technology (Canada - Ontario): TD-HELIX Transformation Initiative
o To tackle the challenge of reskilling mid-career professionals whose jobs might be impacted by changes in the labour market, the program will change their 'career DNA' and improve individuals' skills as creative thinkers, problem-solvers, communicators and collaborators.

* The WoodGreen Foundation (Canada - Ontario): Accelerating Possibilities - Creating Sustainable Pathways to Success in a Changing Landscape
o This initiative will bring together and scale four of WoodGreen's most successful advancement programs in an innovative accelerator program to position mid-career participants for financial stability and sustainable employment.

TD Ready Challenge is part of The Ready Commitment, a multi-year program targeting CDN $1 billion (US $775 million) in total by 2030 towards community giving.

To learn more about the grant recipients and the TD Ready Challenge, visit https://www.td.com/corporate-responsibility/ready-commitment/ready-challenge.jsp.

Additional details about The Ready Commitment can be found at https://www.td.com/corporate-responsibility/ready-commitment/index.jsp

About TD Bank Group:
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by branches and serves more than 25 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank(r), TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with approximately 12 million active online and mobile customers. TD had CDN$1.3 trillion in assets on July 31, 2018. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges (NYSE:TD).

Learn more about Byte Back:
Learn more at: https://byteback.org/

IMAGE LINKS FOR MEDIA:
(1) Send2Press.com/300dpi/18-1024s2p-ByteBack-TDpitch-300dpi.jpg
Caption: Elizabeth Lindsey, Byte Back executive director, pitches for the TD Ready Challenge on September 25 in Toronto. Byte Back was one of over 200 applicants for the grant and is one of 10 $CDN 1 million winners.

TWITTER: @ByteBackDC @TD_Canada #TDreadyChallenge #STEMeducation

VIDEO (YouTube):
https://youtu.be/dEPC_JKOhV8

Today, TD announced nonprofit Byte Back, Inc. as one of 10 recipients of the inaugural TD Ready Challenge grants. Each recipient organization will receive CDN $1 million (USD $775,000) to help them scale innovative solutions aimed at preparing North Americans for the economy of the future.

Related link: https://byteback.org/

Bank of Southern California NA Announces Senior Vice President Promotions

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., announced the promotions of Margaret Rheinwald to Senior Vice President, Controller and Sharokin Badal to Senior Vice President, Treasury Services. The promotions reflect their years of service with the bank and their meaningful contributions to support the company's ongoing growth and expansion.

Margaret Rheinwald - Senior Vice President, Controller -

Ms. Rheinwald joined Bank of Southern California in 2014 as Vice President, Controller with nearly fifteen years of accounting and finance experience in the banking industry. She has been successful in leading and managing an efficient Finance and Accounting Department and has played a significant role in supporting the bank's strategic M&A goals.

Sharokin Badal - Senior Vice President, Treasury Services -

Mr. Badal joined the company in 2008 as Vice President, Cash Management Officer with more than eleven years of industry experience. He has been instrumental in developing a suite of competitive treasury products to meet the needs of businesses. He also has assembled a team of key personnel to support the digital banking and treasury needs of Bank of Southern California clients.

"I am pleased to recognize these individuals and the contributions they have made to support the company's continuous growth and expansion," said Nathan Rogge, President and CEO of Bank of Southern California. "They have both demonstrated strong leadership and management of their respective departments and I am confident they will continue to drive high performing results for Bank of Southern California," Rogge added.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates eleven branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., announced the promotions of Margaret Rheinwald to Senior Vice President, Controller and Sharokin Badal to Senior Vice President, Treasury Services. The promotions reflect their years of service with the bank and their meaningful contributions to support the company's ongoing growth and expansion.

Related link: https://www.banksocal.com/

Bank of Southern California, N.A. Appoints Ann Torrico as Managing Director

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Ann Torrico as Managing Director in Los Angeles. She will be responsible for expanding Bank of Southern California's market presence by actively seeking new business opportunities in the Greater Los Angeles region with a focus in West Los Angeles and South Bay.

Bank of Southern California first entered the Los Angeles market on August 1, 2018 through its successful acquisition of Americas United Bank.

Mrs. Torrico brings nearly 17 years of industry experience with a focus on private client and commercial banking relationships, providing guidance and superior service to help her clients achieve their financial objectives. Most recently, she served as Private Banking Director, Senior Relationship Manager for a well-known regional bank in Manhattan Beach. She holds a bachelor's degree from the University of Maryland and a Master of Arts from National University in Los Angeles.

"Ann is an accomplished banking professional with strong market knowledge, deep roots, and a long history of delivering custom financial solutions to entrepreneurs, professionals, and small to mid-sized businesses throughout Los Angeles County," said Tony DiVita, Executive Vice President and Chief Banking Officer. "Ann will be a strong addition to our newly expanded Los Angeles banking team," concluded DiVita.

About Bank of Southern California

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates eleven branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Ann Torrico as Managing Director in Los Angeles. She will be responsible for expanding Bank of Southern California's market presence by actively seeking new business opportunities in the Greater Los Angeles region with a focus in West Los Angeles and South Bay.

Related link: https://www.banksocal.com/

Bank of Southern California, N.A. Names Soly Cangarlu Vice President, Branch Manager in West L.A.

17-1117-bank-of-so-calif-696x522.jpg /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Soly Cangarlu Vice President, Branch Manager. She will be responsible for developing client relationships and expanding the bank's presence in West Los Angeles.

Currently, the bank is in the process of identifying a de-novo branch location which will become the bank's West Los Angeles branch. This will be Bank of Southern California's fifth location in Los Angeles County, further demonstrating the company's commitment to serving this vibrant and important Southern California market.

Mrs. Cangarlu is an accomplished and seasoned banking professional with more than 30 years' experience in the banking industry and deep roots in the Los Angeles market. Prior to joining Bank of Southern California, she served as the Vice President, Branch Manager for a regional bank in Santa Monica where she was responsible for opening a de-novo office and transforming it into a top-producing branch. She holds a bachelor's degree from California State University, Los Angeles.

"Soly brings extensive experience in developing and leading banking teams throughout Los Angeles County and will play a key role in supporting our continued growth as we further our expansion in the Los Angeles region," said Nathan Rogge, President and Chief Executive Officer.

"Soly's expertise and proven leadership is a great addition to Bank of Southern California's newly expanded branch banking team," concluded Rogge.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates eleven branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

*LOGO Link for Media: Send2Press.com/300dpi/18-0118s2p-bank-so-cal-300dpi.jpg

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Soly Cangarlu Vice President, Branch Manager. She will be responsible for developing client relationships and expanding the bank's presence in West Los Angeles.

Related link: https://www.banksocal.com/

Bank of Southern California N.A. Names Laura H. Araluce Vice President, Branch Manager

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce that Laura H. Araluce has joined the company as Vice President, Branch Manager. She will be responsible for growing Bank of Southern California's presence in Orange County.

The company first announced plans to enter the market in January 2018, through the opening of a loan production office in the city of Orange. The bank is currently in the process of identifying a permanent branch location which will also serve as its regional banking center in the market.

Mrs. Araluce has a demonstrated track record of helping local businesses grow and succeed. She brings more than 30 years of banking and branch management experience to her role. Most recently, she served in a similar role for a well-known regional bank managing two Orange County offices.

"Laura is a highly-regarded Branch Manager offering extensive in-market expertise, a proven record of success, a strong commitment to the community and a dedication to providing best in class customer service," said Nathan Rogge, President and Chief Executive Officer.

"The addition of Laura to our branch banking team is an important step in growing Bank of Southern California's footprint and expanding our Orange County presence," concluded Rogge.

About Bank of Southern California

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates eleven branches in San Diego County, Los Angeles County, the Coachella Valley in Riverside County, as well as a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce that Laura H. Araluce has joined the company as Vice President, Branch Manager. She will be responsible for growing Bank of Southern California's presence in Orange County.

Related link: https://www.banksocal.com/

Bank of Southern California, N.A. Expands Los Angeles Banking Team with the Addition of Three Branch Managers

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., announced the addition of three tenured Branch Managers to support the company's recent expansion into Los Angeles County.

Sergio Gomez - Vice President, Branch Manager, Santa Fe Springs and Commerce:
Mr. Gomez has joined Bank of Southern California as Vice President, Branch Manager and will focus on deposit acquisition, sales and relationship development for the Santa Fe Springs and Commerce offices. He brings 23 years of local banking experience, specializing in business banking, internal branch operations and branch management. Mr. Gomez was formerly Vice President, Branch Manager for a regional bank's Montebello and Downey offices.

Carlos Huiza - Vice President, Branch Manager, Lancaster:
Mr. Huiza has joined the company as Vice President, Branch Manager and will oversee deposit growth, sales and profitability for the Lancaster branch. He has more than 18 years of experience working for business banks in the Los Angeles market. Mr. Huiza was previously Vice President, Branch Manager for a California-based bank in Woodland Hills and Calabasas. He holds a bachelor's degree from University of Phoenix.

Stuart Cano - Vice President, Branch Manager, Glendale:
Mr. Cano has joined the Bank as Vice President, Branch Manager and will be responsible for the customer service, performance and profitability of the Glendale branch, as well as staff development. With 25 years of banking experience, he is a well-known and respected banking professional with a commitment to delivering superior service. Prior to joining the Bank, he held a similar role at a California-based business bank. Active in the community, Mr. Cano is involved in numerous philanthropic organizations and serves as Board Chair for New Horizons Charter Academy. He holds a bachelor's degree from Instituto Latino Americano in Honduras.

"The Bank's recent expansion into Los Angeles through our acquisition of Americas United Bank, makes this is a natural time to grow and strengthen our branch banking team," said Nathan Rogge, President and Chief Executive Officer. "The addition of these three experienced and proven leaders will allow us to further develop the Los Angeles market and reinforce our commitment to the Southern California community," noted Rogge.

About Bank of Southern California:
A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates eleven branches in San Diego, Los Angeles, the Coachella Valley in Riverside County, as well as a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., announced the addition of three tenured Branch Managers to support the company's recent expansion into Los Angeles County.

Related link: https://www.banksocal.com/

Enfission Joins Virginia Nuclear Energy Consortium

ARLINGTON, Va. /ScoopCloud/ -- The Virginia Nuclear Energy Consortium (VNEC) welcomes Enfission, LLC - a joint venture between Lightbridge Corporation (NASDAQ: LTBR) and Framatome, Inc. - as its latest member. Enfission is working to develop, license, manufacture, initially in the United States and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property.

"Like every industry, nuclear energy is seeing tremendous innovation and change. Enfission is the embodiment of that innovation," said VNEC Chairman Ali Haghighat. "As the premier advocacy organization for nuclear power, research, and defense applications, VNEC is excited to have their contributions to guide Virginia's nuclear industry into the future."

Seth Grae, chairman and CEO of Enfission, and CEO of Lightbridge, commented, "Virginia currently generates 39 percent of its power with emission-free nuclear energy and has a long-standing commitment to nuclear. VNEC demonstrates that commitment and is working hard to advance new technologies and solutions that could produce more jobs and economic benefits in the commonwealth along with clean power. We look forward to being involved in making that happen."

Enfission joins VNEC members Newport News Shipbuilding, Dominion Resources Services, Virginia Commonwealth University, and Virginia Tech University working on issues ranging from workforce development and academic research to power generation and new reactor technologies.

Enfission(TM) and Lightbridge Fuel(TM) are trademarks of Enfission, Lightbridge and Framatome.

About VNEC:

VNEC, established by Virginia statute in 2013 and created in 2015, seeks to facilitate, encourage and advance the nuclear industry in Virginia. Collaboration among industry participants, colleges and universities, and not-for-profits work together to identify and advance areas of need and interest to its members. Learn more at: http://virginianuclear.org/.

About Lightbridge Corporation:

Lightbridge (NASDAQ: LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company developed proprietary next generation nuclear fuel technologies for current and future reactors, which significantly enhances the economics and safety of nuclear power, operating about 1000 degrees C cooler than standard fuel. In January 2018, Lightbridge and Framatome, Inc. formed a 50-50 joint venture, Enfission(TM), LLC, to develop, license, manufacture, and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property.

Enfission(TM) has the exclusive rights to this technology and is responsible for the development of manufacturing processes and fuel assembly designs for pressurized water reactors (PWRs), boiling water reactors (BWRs), water-cooled small modular reactors, and water-cooled research reactors developed around this intellectual property.

PWRs and BWRs constitute the most widely used reactor types in the world. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. In addition to distributions from Enfission (TM) based on the parties' ownership interest in the joint venture, Lightbridge anticipates receiving future licensing revenues in connection with sales by Enfission of nuclear fuel incorporating its intellectual property. Lightbridge also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information please visit: https://ltbridge.com/.

About Framatome:

Framatome is a major international player in the nuclear energy market recognized for its innovative solutions and value-added technologies for designing, building, maintaining, and advancing the global nuclear fleet. The company designs, manufactures, and installs components and fuel for nuclear power plants and offers a full range of reactor services.

With 14,000 employees worldwide, every day Framatome's expertise helps its customers improve the safety and performance of their nuclear plants and achieve their economic and societal goals.

REF: NQ: LTBR / NASDAQ:LTBR

The Virginia Nuclear Energy Consortium (VNEC) welcomes Enfission, LLC - a joint venture between Lightbridge Corporation (NASDAQ:LTBR) and Framatome, Inc. - as its latest member. Enfission is working to develop, license, manufacture, initially in the United States and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property.

Related link: http://virginianuclear.org/

Cloudvirga Adds Digital Mortgage Integration with Leading Mortgage Insurance Provider Radian

IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), has partnered with Radian Guaranty, a subsidiary of Radian Group (NYSE: RDN), to deliver instant and accurate mortgage insurance (MI) rate quotes and streamline the ordering of MI certificates for lenders.

"Radian's partnership with Cloudvirga is a testament of our commitment to making it easier for our customers to do with business with us," said Brien McMahon, chief franchise officer, Radian. "With this integration, customers can obtain accurate Radian MI rate quotes with greater speed and efficiency and continue to focus on their business."

The advanced integration with Cloudvirga delivers Radian's precise MI pricing in seconds, without the need for lenders to rekey data or leave Cloudvirga's Consumer POS or Enterprise POS systems.

"Our focus is on helping lenders perfect the process of manufacturing loans, so they can turn applicants into homeowners faster and more cost-efficiently than ever before," said Kyle Kamrooz, co-founder of Cloudvirga. "We're proud to partner with Radian to deliver the most precise loan calculations available in the market."

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.

For more information, visit http://www.cloudvirga.com or follow Cloudvirga on LinkedIn.

About Radian:

Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides private mortgage insurance, risk management products and real estate services to financial institutions. Radian offers mortgage insurance through its principal mortgage insurance subsidiary, Radian Guaranty Inc. This private mortgage insurance helps protect lenders from default-related losses, facilitates the sale of low-downpayment mortgages in the secondary market and enables homebuyers to purchase homes more quickly with downpayments less than 20 percent.

Additional information may be found at http://www.radian.biz.

REF: -- Ticker: NYSE:RDN NY:RDN

@Cloudvirga @RadianMI #digitalmortgage

Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), has partnered with Radian Guaranty, a subsidiary of Radian Group (NYSE: RDN), to deliver instant and accurate mortgage insurance (MI) rate quotes and streamline the ordering of MI certificates for lenders.

Related link: http://www.cloudvirga.com/

Bank of Southern California NA Completes Acquisition of Americas United Bank

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A., San Diego, California (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of its acquisition of Americas United Bank, Glendale, California (OTC Pink: AUNB), effective July 31, 2018. Americas United Bank had total assets of approximately $231 million as of June 30, 2018.

Americas United Bank branches will begin operating as Bank of Southern California branches on August 1, 2018, with systems conversion scheduled in October 2018.

The acquisition of Americas United Bank provides Bank of Southern California with an entry into the vibrant Los Angeles market as the Bank continues its strategic expansion in the Southern California region. With the completion of the acquisition, the combined bank will have assets of approximately $720 million, and increases the number of Southern California branch locations to eleven.

"We are pleased to welcome Americas United Bank customers, employees, and shareholders to Bank of Southern California," commented Nathan Rogge, President and Chief Executive Officer of Bank of Southern California.

"This strategic acquisition provides us with a presence in Los Angeles County and a footprint that allows us to now serve four major metropolitan Southern California markets. Our long-term goal is to build a community business bank in Southern California that supports the economic growth of businesses and the communities we serve," concluded Rogge.

Bank of Southern California also announced that its Board of Directors appointed Adriana M. Boeka as a non-executive director. Mrs. Boeka previously served as President and Chief Executive Officer of Americas United Bank.

"Adriana's broad experience leading successful banking organizations in Southern California add a valuable perspective to our Board of Directors," said John Farkash, Chairman of the Board. "We appreciate her willingness to serve as a director and look forward to her contributions and guidance."

Additionally, Bank of Southern California recently hired Gaylin Anderson, as Executive Vice President, Market Executive to lead the Bank's expansion into Los Angeles County. Mr. Anderson most recently served as Managing Director of Community Banking for Banc of California.

MJC Partners, LLC served as financial advisor and Duane Morris LLP served as legal counsel to Bank of Southern California. Keefe, Bruyette & Woods, A Stifel Company, served as financial advisor and King, Holmes, Paterno & Soriano, LLP served as legal counsel to Americas United Bank.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses.

The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates eleven branches in San Diego County, Los Angeles County, and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Tickers: OTC Pink:BCAL / OTC:BCAL / OTCMKTS: BCAL / OP: BCAL / OTCMKTS:AUNB / OTC:AUNB

Bank of Southern California, N.A., San Diego (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of its acquisition of Americas United Bank (OTC Pink: AUNB), effective July 31, 2018. Americas United Bank had total assets of approximately $231 million as of June 30, 2018.

Related link: https://www.banksocal.com/

Bank of Southern California NA Names Catherine Puckett VP, Business Development Manager

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Catherine Puckett has joined the company as Vice President, Business Development Manager. She will be responsible for expanding Bank of Southern California's business banking client base by actively seeking new business opportunities in the San Diego region.

Mrs. Puckett, a highly-regarded banker with a proven history of results-driven success, has more than fourteen years of experience in business development in the San Diego market. Prior to joining Bank of Southern California, she held a similar role at First Foundation Bank. Active in the community, she is a member of University Club and Rady Children's Hospital Auxiliary. Mrs. Puckett holds a bachelor's degree in International Business from San Diego State University, and an International Business degree from ESSEC Business School in France.

"I am pleased to welcome Catherine to Bank of Southern California's business banking team. Her well-established network in the San Diego market paired with her outstanding reputation for providing superior service, make her a great asset," said Tony DiVita, Executive Vice President and Chief Banking Officer.

"The addition to Catherine to our team is important in expanding our local presence as well as supporting the Bank's overall growth in the Southern California market. Her strong commitment to small to mid-sized businesses as well as the community, make her a great fit," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call 858.847.4780.

Ticker: OTC Pink:BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Catherine Puckett has joined the company as Vice President, Business Development Manager. She will be responsible for expanding Bank of Southern California's business banking client base by actively seeking new business opportunities in the San Diego region.

Related link: https://www.banksocal.com/

Tips for Selecting the Best Commercial Bank for Your Small Business

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), understands that selecting a commercial bank that fits your company's needs can be a grueling task. Tony DiVita, Chief Banking Officer at Bank of Southern California, shares the following valuable tips to help guide small businesses in selecting the right bank.

1. Relationships Matter:

Every business is unique. Finding an experienced banker that understands the challenges impacting your business and industry are crucial to your success. Community banks are focused on building relationships with their clients and take the time to learn your business. They are invested in your success and want to help you grow and succeed.

2. Timely, Local Decision-Making:

Small businesses often require a quick response time when it comes to obtaining business loans. One of the many benefits of selecting a community bank, is their ability to provide quick decision-making and access to executive management.

3. Custom-Tailored Solutions:

No two customers are the same. Finding a bank that recognizes that every client is unique and is able to provide flexible, financing and cash management solutions is key.

4. Community Focus:

As a small business, you understand the importance of supporting neighboring organizations and giving back to the community. Local banks have a community first mindset and donate a portion of their proceeds to create positive changes. Plus, you will often find employees volunteering and serving in leadership roles for civic and nonprofit organizations.

If you are a small business, and are looking for a relationship-focused bank, Bank of Southern California is quite possibly the right choice for you.

For more information about Bank of Southern California and services for small businesses, visit https://www.banksocal.com/.

About Tony DiVita:

Tony DiVita is Executive Vice President, Chief Banking Officer at Bank of Southern California. With over 30 years of community and regional banking experience, he has a proven track record in the industry and a commitment to success. He works from the Bank's corporate headquarters in Del Mar.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call 858-847-4780.

Ticker: OTC Pink:BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL), understands that selecting a commercial bank that fits your company's needs can be a grueling task. Tony DiVita, Chief Banking Officer at Bank of Southern California, shares the following valuable tips to help guide small businesses in selecting the right bank.

Related link: https://www.banksocal.com/

Bank of Southern California NA Hires Market Executive to Grow the Bank’s Presence in Los Angeles

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce Gaylin Anderson has joined the company as Executive Vice President, Market Executive in Southern California. He will be responsible for leading Bank of Southern California's regional presence by actively seeking new business opportunities while expanding upon current relationships.

This marks an important step in the Bank's expansion into the Los Angeles region and further demonstrates its commitment to the Southern California business community.

Mr. Anderson is a high-performing executive that brings extensive market expertise, with more than 30 years' experience in the banking industry. Prior to joining Bank of Southern California, he served as the Executive Vice President, Managing Director of Community Banking at Banc of California and was responsible for growing the Bank's footprint and portfolio.

Mr. Anderson attended the University of Utah. Active in the community, he served in a leadership role with Junior Achievement of San Diego and is involved with several local philanthropic organizations including LATM and Habitat for Humanity.

"I am pleased to welcome Gaylin to Bank of Southern California's executive leadership group. Gaylin is an accomplished and well-respected leader bringing advanced industry expertise to further support our ongoing expansion of the Bank's footprint," said Nathan Rogge, President & CEO. "Gaylin will play a key role in growing our brand and presence in Los Angeles," concluded Rogge.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call 858.847.4780.

Ticker: OTC Pink:BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL ), a community business bank headquartered in San Diego, is pleased to announce Gaylin Anderson has joined the company as Executive Vice President, Market Executive in Southern California. He will be responsible for leading Bank of Southern California's regional presence by actively seeking new business opportunities while expanding upon current relationships.

Related link: https://www.banksocal.com/

Bank of Southern California N.A. Announces First Quarter 2018 Results

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,072,303 for the first quarter of 2018, a 51% increase compared to $710,022 for the first quarter of 2017. Results for the quarter ended March 31, 2018, include approximately $320 thousand in expenses related to the pending acquisition of Americas United Bank (OTC Pink: AUNB). As previously announced, the Bank also completed a private placement offering of common stock of approximately $26 million during March 2018.

"Building from the successes of 2017, Bank of Southern California had a strong start to 2018. Our loans and deposits grew 17% and 16%, respectively, compared to the first quarter of 2017, while net interest income grew 24%. In the first quarter, the Bank was also recognized as a top SBA 7(a) lender by the San Diego District Office of the Small Business Loan Administration and was awarded a Super Premier Performing Bank status by The Findley Reports," commented Nathan Rogge, President and CEO of Bank of Southern California.

Total assets at March 31, 2018, were $522 million, up 9% from $480 million at December 31, 2017, and up 21% from $430 million at March 31, 2017. Total loans increased to $409 million at March 31, 2018, compared to $399 million and $349 million at December 31, 2017, and March 31, 2017, respectively, while total deposits were $444 million at March 31, 2018, compared to $407 million at December 31, 2017, and $383 million at March 31, 2017.

"I am delighted that we continued to organically grow our loan and deposit portfolios in San Diego County, the Coachella Valley, and Orange County in the first quarter, when much of our energy was focused on planning for the acquisition of Americas United Bank (AUNB), as well as successfully completing a $26 million capital offering," concluded Rogge.

About Bank of Southern California:

A growing community bank established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products and services to individuals, professionals, and small-to-mid sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange, Calif..

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Forward-Looking Statements:

This news release may contain comments or information that constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) and Bank of Southern California intends for such forward-looking statements to be covered by the safe harbor provisions of that Act.
Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict. Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the ability of the Bank to successfully execute its business plan; changes in interest rates and interest rate relationships; changes in demand for products and services; the degree of competition by traditional and non-traditional competitors; changes in banking legislation or regulation; changes in tax laws; changes in prices, levies and assessments; the impact of technological advances; the outcomes of contingencies; trends in customer behavior as well as their ability to repay loans; and changes in the national and local economy.
Bank of Southern California undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact:
Tony DiVita
Bank of Southern California
(858) 847-4783
tdivita@banksocal.com

Quarterly Financial Highlights Table:
https://www.banksocal.com/wp-content/uploads/18-0502-BCAL-2018-q1-chart-695x869.png

For more details about our quarterly results, please visit the "About Us" / "Financials" page of our website and follow the link labeled: Quarterly Results and Trends - https://www.banksocal.com/about-us/financials/

Ticker: OTC Pink:BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL / OTCMKTS:AUNB / OTC:AUNB

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,072,303 for the first quarter of 2018, a 51% increase compared to $710,022 for the first quarter of 2017. Results for the quarter ended March 31, 2018, include approximately $320 thousand in expenses related to the pending acquisition of Americas United Bank (OTC Pink: AUNB). As previously announced, the Bank also completed a private placement offering of common stock of approximately $26 million during March 2018.

Related link: https://www.banksocal.com/

Cogensia Releases New Platform – CMP 2.0

SCHAUMBURG, Ill. /ScoopCloud/ -- Cogensia is pleased to announce the release of Customer Management Platform (CMP) 2.0. CMP 2.0 is Cogensia's proprietary platform that integrates source data from all customer touchpoints to automate targeting and personalization throughout the customer lifecycle. CMP 2.0 solves challenges related to omni-channel execution and delivers relevant 1:1 customer experiences.

With the release of CMP 2.0, new features include:
* Real-time data ingestion and transformation
* Real-time identity management and transaction householding
* Integrate and enrich existing channels such as loyalty, mobile, or social media
* Select and build highly-customizable audiences tailored to known and newly identified customer behaviors
* Schedule one-time, recurring, and triggered channel deployments and marketing campaigns
* Embedded Qlik Analytics for highly interactive business intelligence
* Lookup customer information, preferences, and transaction/communication history
* Consolidated social feeds of yelp, twitter, open table, and others
* Built-in modules for demographics, segments, and guest satisfaction.

Brad Rukstales, President and CEO of Cogensia says, "Understanding and connecting with customers has never been more important for brands. Using CMP 2.0, companies have the ability to not only know their customers but extend what they know to personalize all customer touchpoints. By marketing smarter, brands can drive traffic, drive loyalty, and drive revenue."

CMP 2.0 will be showcased from April 15 - 18 at the 2018 Restaurant Leadership Conference (RLC) in Phoenix, Arizona.

To learn more about CMP 2.0 and how Cogensia can help businesses and brands know their customer, inquiries can be emailed to: Info@Cogensia.com.

About Cogensia:
Cogensia is a customer marketing solutions firm empowering clients with data and insights by delivering technology solutions that facilitate program design, data management & integration, access to external data and real-time intelligence. Today, we partner with clients on an international basis driving compelling intelligence for their digital advertising, online and offline CRM, real-time predictive modeling, and data management to deliver incremental ROI.

For more information, visit http://cogensia.com/.

Cogensia is pleased to announce the release of Customer Management Platform (CMP) 2.0. CMP 2.0 is Cogensia's proprietary platform that integrates source data from all customer touchpoints to automate targeting and personalization throughout the customer lifecycle. CMP 2.0 solves challenges related to omni-channel execution and delivers relevant 1:1 customer experiences.

Related link: http://cogensia.com/

Bank of Southern California NA Expands Commercial Banking Team to Serve Orange County and Los Angeles Region

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce the hiring of two seasoned banking and lending professionals to further support the Bank's expansion in Southern California.

Sam Tuyen - Vice President, Commercial Real Estate and SBA Lending:

Mr. Tuyen has joined Bank of Southern California as Vice President, Commercial Real Estate and SBA Lending and will be responsible for providing SBA and commercial lending solutions to businesses in Southern California. Mr. Tuyen brings twenty years of experience most recently as a Senior Commercial Lender at CDC Small Business Finance in Orange County. He holds degrees in economics and business management from the University of California, Irvine.

Stephen Whang - Vice President, Business Development Manager:

Mr. Whang has joined the company as Vice President, Business Development Manager and will be responsible for serving the financial needs of businesses and entrepreneurs in Orange County and Los Angeles. He brings a wealth of business lending and relationship management expertise, with more than fifteen years of experience assisting Southern California businesses meet their company's financial goals. Prior to joining Bank of Southern California, Mr. Whang held a similar role at Bank of the West. He holds a bachelor's degree from University of California, Los Angeles.

"We are extremely pleased to have these outstanding bankers join Bank of Southern California. They bring a comprehensive understanding of the Los Angeles and Orange County business community, and they both offer a wide range of expertise that will enable us to best serve the financial needs of business owners, entrepreneurs, and professionals in those markets," said Tony DiVita, Executive Vice President and Chief Banking Officer.

"The addition of Sam and Stephen are another great example of the quality of experienced banking professionals we're recruiting as part of the bank's growth and expansion in Southern California," concluded DiVita.

About Bank of Southern California:

A growing community business bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call 858-847-4780.

Bank of Southern California, N.A. Ticker: OTC Pink:BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce the hiring of two seasoned banking and lending professionals to further support the Bank's expansion in Southern California.

Related link: https://www.banksocal.com/

Bank of Southern California NA Successfully Completes $26 Million Capital Offering

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of a capital raise of approximately $26 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $14.75 per share.

A portion of the capital raised will be utilized to complete the Bank's recent announcement to acquire Americas United Bank (AUNB), Glendale, Calif. Bank of Southern California entered into a definitive agreement with Americas United Bank on February 21, 2018 with an expected close in the third quarter of 2018, subject to customary closing conditions.

The additional capital raised will further support the Bank's successful strategy of driving both organic growth and increasing its geographic footprint in Southern California.

Nathan Rogge, President and CEO of Bank of Southern California, stated that proceeds from the offering strengthens the Bank's balance sheet and further supports the company's expansion.

"This successful capital offering was completed in a very short time," Rogge added. "The strong interest that we received from individual and institutional investors demonstrates the investment community's endorsement and confidence in Bank of Southern California's performance and future value."

The Bank was represented by MJC Partners, LLC, who served as the sole placement agent for the offering.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professional, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call 858-847-4780.

About MJC Partners, LLC:

MJC Partners is a leading Los Angeles-based boutique investment banking and advisory firm providing a full range of strategic, transactional, and valuation-related services to clients across multiple industry groups with a focus on financial services.

For more information about MJC Partners, visit: http://mjcpartners.com/.

* LOGO for Media: Send2Press.com/300dpi/18-0118s2p-bank-so-cal-300dpi.jpg

Bank of Southern California, N.A. Ticker: OTC Pink:BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. ( OTC Pink: BCAL / OTCMKTS:BCAL ) announced today the completion of a capital raise of approximately $26 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $14.75 per share.

Related link: https://www.banksocal.com/

Bank of Southern California, N.A. Announces Addition of Phillip Mulder and Billy Szeto to Its Commercial Real Estate and SBA Group

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. ( OTC Pink: BCAL / OTCMKTS:BCAL ), a community business bank headquartered in San Diego, Calif., announces the addition of two tenured Business Development Officers to support the company's continued expansion into the Southern California region.

Philip Mulder - Vice President, Business Development Officer:

Mr. Mulder has joined Bank of Southern California as Vice President, Business Development Officer and will be responsible for providing SBA and commercial lending to small- and medium-sized businesses in the Inland Empire and Riverside County. Throughout his career he has demonstrated a strong commitment and proven success in partnering with businesses to help them achieve their financial goals.

He previously served as Vice President, Business Development for a Southern California regional bank, and prior held a similar position with the CDC, Small Business Finance, Riverside for over 20 years. Mulder holds a bachelor's degree from Dordt College in Iowa and serves on the Endowment Committee of Redlands Christian School.

Billy Szeto - Vice President, Business Development Officer:

Mr. Szeto joined the Bank as Vice President, Business Development Officer and will focus on providing small- to medium-sized businesses with financing through SBA and commercial real estate loan programs.

With more than 15 years of commercial lending experience, he has a proven track record of helping small businesses facilitate the acquisition, development, and refinance of commercial real estate properties throughout Los Angeles and Orange County. Prior to joining the Bank, he held a similar role at Union Bank. Mr. Szeto holds a bachelor's degree from University of Southern California.

"As Bank of Southern California continues to expand its market position in Southern California, this is a natural time to grow and strengthen our client acquisition team. The addition of these experienced business development professionals demonstrates the Bank's commitment to helping Southern California businesses grow and succeed," said Tony DiVita, Executive Vice President.

"Philip and Billy are strong additions to the Commercial Real Estate and SBA Group. They will play an integral role in the execution of the Bank's strategic growth as the company enhances its presence in the Southern California market," concluded DiVita.

About Bank of Southern California:
A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call 858-847-4780.

Ticker: OTC Pink: BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., announces the addition of two tenured Business Development Officers to support the company's continued expansion into the Southern California region.

Related link: https://www.banksocal.com/

Bank of Southern California N.A. Recognized as Top Small Business Lender

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced it was awarded two top small business lending partner awards in the medium sized bank category by the San Diego District Office of the U.S. Small Business Administration based on the largest quantity and dollar volume of SBA 7(a) loans originated. The rankings reflect the SBA's fiscal year-end results as of September 30, 2017. These accolades follow the bank's recognition by the SBA as the top performing small business lending partner for medium sized banks in 2016.

In addition, the bank was recently recognized by the State of California Small Business Loan Guarantee Program as a top lender based on the dollar amount of originations in 2017. These noteworthy rankings are a strong indicator of the bank's consistent commitment in supporting small and mid-sized businesses.

"Today, guarantee-sponsored programs such as SBA and the State of California Small Business Loan Guarantee Program continue to be a significant source of capital for many small businesses that otherwise would have difficulty obtaining conventional financing," commented Tony DiVita, Executive Vice President, Chief Banking Officer.

"While not all conventional lenders are equal, neither are SBA lenders. It is important for borrowers to work with experienced lenders like Bank of Southern California who partner with borrowers to help their businesses succeed and prosper. The bank continues to maintain a SBA Preferred Lender Program (PLP) designation which allows us to streamline the process for SBA-guaranteed loans.

"Our Preferred Lender status combined with ready access to decision makers and our commitment to responsive service makes Bank of Southern California a good option for Southern California businesses that need a bank who understands their business financing needs."

In addition to the recent recognition as a top lender, the bank maintains a Super Premier Performing status awarded by The Findley Reports and received a five-star superior performance rating by Bauer Financial. These are the highest designations given by these bank rating companies.

"Banks have become highly regarded who achieve exceptional performance, and we are honored to be recognized for our efforts which supports that we are meeting the needs of the communities we serve," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professional, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

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Ticker: OTC Pink: BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced it was awarded two top small business lending partner awards in the medium sized bank category by the San Diego District Office of the U.S. Small Business Administration based on the largest quantity and dollar volume of SBA 7(a) loans originated. The rankings reflect the SBA's fiscal year-end results as of September 30, 2017. These accolades follow the bank's recognition by the SBA as the top performing small business lending partner for medium sized banks in 2016.

Related link: https://www.banksocal.com/

Bank of Southern California N.A. Announces Amanda Conover as Vice President, Director of Marketing

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., has named Amanda Conover as Vice President, Director of Marketing. She will be responsible for developing and executing a strategic marketing plan that strengthens brand awareness and drives growth, further supporting the Bank's efforts to increase its presence as it continues its expansion in the Southern California region.

Mrs. Conover brings over thirteen years of industry experience working most recently for Western Alliance Bank headquartered in Phoenix, Arizona. She holds a bachelor's degree from The University of Arizona and an MBA from Pepperdine University.

"We are pleased to welcome Amanda to Bank of Southern California. She is an accomplished marketing professional with expertise in executing marketing strategies to small and medium sized businesses," said Tony DiVita, Executive Vice President and Chief Banking Officer.

"Amanda is an important addition to our team as we continue our expansion into new markets in Southern California. The bank recently opened a production office in Orange County in December 2017, and last week announced an agreement to acquire Los Angeles based, Americas United Bank. This is an exciting time for the company, and Amanda's experience will help us increase our brand and market share as we continue to position ourselves as the bank of choice for businesses in Southern California," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients.

The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call 858-847-4780.

Ticker: OTC Pink: BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., has named Amanda Conover as Vice President, Director of Marketing. She will be responsible for developing and executing a strategic marketing plan that strengthens brand awareness and drives growth, further supporting the Bank's efforts to increase its presence as it continues its expansion in the Southern California region.

Related link: https://www.banksocal.com/

Bank of Southern California N.A. and Americas United Bank Announce Agreement to Merge

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A., San Diego, Calif. (OTC Pink: BCAL / OTCMKTS:BCAL) and Americas United Bank, Glendale, Calif. (OTC Pink: AUNB), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Americas United Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and the approval of the shareholders of AUB and BCAL, and is expected to close in the third quarter of 2018.

Additionally, directors and executive officers of AUB have entered into agreements committing to vote their shares in favor of the transaction. The transaction is valued at approximately $44.1 million, based on BCAL's stock price per share of $14.75.

Under the terms of the Agreement, AUNB shareholders will receive $7 in cash and 0.4746 shares of BCAL common stock, or $14 per share, for each share of AUNB common stock that they own as of the closing date of the merger. In order to support the operations of the combined Bank following the merger, Bank of Southern California has received binding commitments from investors pursuant to which it will raise $20 million.

The transaction is expected to be immediately accretive to BCAL's earnings per share in 2018 (excluding transaction costs). The pro forma combined Bank will have approximately 8.3 million shares outstanding, representing a prospective market capitalization of approximately $123 million based on a per share valuation of BCAL's stock of $14.75.

The merger combines two profitable Southern California franchises with similar core operating philosophies and cultures. Headquartered in San Diego, Calif., Bank of Southern California currently operates eight locations in San Diego County, the Coachella Valley in Riverside County, and Orange County. Americas United Bank is headquartered in Glendale, CA, with four branches located in the greater Los Angeles area. Americas United Bank offers an attractive footprint and provides the foundation for Bank of Southern California to enter the Los Angeles market as the Bank continues its strategic expansion in the Southern California region. Upon completion of the transaction, the combined organization will have pro forma assets of approximately $750 million.

Commenting on the announcement, Nathan Rogge, President and Chief Executive Officer of Bank of Southern California said, "The combined Bank offers a highly attractive franchise for us in the very desirable Los Angeles market and furthers Bank of Southern California's vision of expanding our market share in Southern California. Americas United Bank is a well-managed community business bank with a strong relationship banking culture, making it a great fit for us.

"Bank of Southern California recently expanded into Orange County in December 2017, so this opportunity allows us to continue to execute the next natural extension of our planned growth. We believe this transaction allows the Bank to better serve the clients of both organizations with increased lending capabilities, technology enhancements, and an increased branch network.

"This transaction provides a great value for our shareholders, creates opportunities for our employees, and expands our franchise to better serve our customers," concluded Rogge.

Adriana M. Boeka, President and Chief Executive Officer of Americas United Bank, echoed, "We are very excited about this opportunity to join forces with Bank of Southern California who has long prided itself on its strong commitment to its customers and employees, a model that we both have in common. With this merger we will supplement Americas United Bank's existing products, services and business development platform with Bank of Southern California's commercial lending expertise and a suite of commercial deposit products. Our customers will benefit from Bank of Southern California's expanded service and lending capacity, and our employees will benefit from their strong employee centered culture.

"This transaction provides liquidity to our shareholders and also allows them to participate in the future upside of the combined Bank. Bank of Southern California's sound financial condition and comprehensive business expertise makes them an excellent choice and natural partner for us," concluded Boeka.

Nathan Rogge will continue as President and CEO, and the existing Bank of Southern California executive management team will continue in their current roles of the combined Bank. Additionally, at the close of the transaction, Adriana M. Boeka, President and CEO of Americas United Bank, will join Bank of Southern California's Board of Directors as a non-executive director.

MJC Partners, LLC served as financial advisor and Duane Morris LLP served as legal counsel to Bank of Southern California. Keefe, Bruyette & Woods, A Stifel Company, served as financial advisor and King Holmes Paterno & Soriano, LLP served as legal counsel to Americas United Bank. MJC Partners is acting as sole placement agent for the offering.

About Bank of Southern California:

A growing community bank established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally-owned and managed and offers a range of financial products to individuals, professionals, and small- to medium-sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates eight offices in San Diego and the Coachella Valley in Riverside County, and Orange County.

For more information, please visit https://www.banksocal.com/ or call 858-847-4780.

About Americas United Bank:

Americas United Bank was founded in 2006 by a diverse group of Los Angeles-based entrepreneurs whose vision included serving the banking needs of small- to medium-sized businesses in metropolitan Los Angeles and its surrounds, providing a full range of financial services for businesses and high net worth individuals. The Bank operates four branch locations in Los Angeles County.

For more information, please visit https://www.aubank.com/ or call 818-637-7000.

Forward-Looking Statements:

This news release may contain comments or information that constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995), and Bank of Southern California and intends for such forward-looking statements to be covered by the safe harbor provisions of that Act.

Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate, "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs, such as "will," "would," "should," "could," or "may." Forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict. Forward-looking statements involve significant risks and uncertainties, and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include but are not limited to: the ability of the Bank to successfully execute its business plan; changes in interest rates and interest rate relationships; changes in demand for products and services; the degree of competition by traditional and non-traditional competitors; changes in banking legislation or regulation; changes in tax laws; changes in prices, levies, and assessments; the impact of technological advances; the outcomes of contingencies; trends in customer behavior as well as their ability to repay loans; and changes in the national and local economy. Bank of Southern California undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events, or otherwise.

Additional Information About the Merger:

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote for approval of the merger. In connection with the proposed merger a joint proxy statement/offering circular will be provided to the shareholders of both institutions which will provide detailed information about the merger and the two banks. Shareholders will be encouraged to read the joint proxy statement/offering circular carefully before voting on the merger.

The directors, executive officers, and certain other members of management and employees of Bank of Southern California may be deemed to be participants in the solicitation of votes to approve the merger. Additional information regarding the interests of those participants and other persons who may be deemed participants in the merger may be obtained by reading the joint proxy statement/offering circular when it becomes available.

Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) and Americas United Bank (OTC Pink:AUNB), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Americas United Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and the approval of the shareholders of AUB and BCAL, and is expected to close in Q3 2018.

Related link: https://www.banksocal.com/

Bank of Southern California, N.A. Announces Fourth Quarter and Year-end 2017 Results

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,134,397 for the fourth quarter of 2017, compared to $1,088,043 for the third quarter of 2017 and $902,476 for the fourth quarter of 2016. For the year, net earnings were $3,964,692 in 2017, a 32% increase compared to $3,009,251 for 2016. Results for the fourth quarter and year ended December 2017 include a $200,000 increase in income tax expense due to recent Tax Reform legislation.

"We are very pleased to report our fourth quarter and year-end results. In 2017, we continued to experience strong organic growth in our existing San Diego and Coachella Valley markets, and we expect to see similar results in our recent expansion into Orange County," commented Nathan Rogge, President and CEO of Bank of Southern California.

Total assets ended the year of 2017 at $480 million, up from $468 million at September 30, 2017, and up from $424 million at December 31, 2016. Total loans increased to $399 million at December 31, 2017, compared to $388 million and $333 million at September 30, 2017, and December 31, 2016, respectively, while total deposits were $407 million at December 31, 2017, compared to $418 million at September 30, 2017, and $377 million at December 31, 2016.

In addition to the company's solid financial performance, in 2017 the bank continued to build on its momentum to continue to create an organization that is the bank and employer of choice for Southern California business owners and our employees, with the company executing on two strategic initiatives focused on the customer experience and employee engagement. "We are very grateful for our loyal clients, and our experienced team of business banking professionals, who are the reason for our success in 2017," concluded Rogge.

For more details about our quarterly results, please visit the "About Us" / "Financials" page of our website and follow the link labeled Quarterly Results and Trends: https://www.banksocal.com/about-us/financials/

About Bank of Southern California:

A growing community bank established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products and services to individuals, professionals, and small-to-mid sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange, CA.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Forward-Looking Statements:

This news release may contain comments or information that constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) and Bank of Southern California intends for such forward-looking statements to be covered by the safe harbor provisions of that Act.

Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict. Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the ability of the Bank to successfully execute its business plan; changes in interest rates and interest rate relationships; changes in demand for products and services; the degree of competition by traditional and non-traditional competitors; changes in banking legislation or regulation; changes in tax laws; changes in prices, levies and assessments; the impact of technological advances; the outcomes of contingencies; trends in customer behavior as well as their ability to repay loans; and changes in the national and local economy.

Bank of Southern California undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact:
Tony DiVita
Bank of Southern California
(858) 847-4783
tdivita@banksocal.com
https://www.banksocal.com/

* Quarterly Financial Highlights Table Follows (PDF):
https://www.banksocal.com/wp-content/uploads/December-2017-QTR-End-Results-Web.pdf

Ticker: OTC Pink: BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,134,397 for the fourth quarter of 2017, compared to $1,088,043 for the third quarter of 2017 and $902,476 for the fourth quarter of 2016. For the year, net earnings were $3,964,692 in 2017, a 32 percent increase compared to $3,009,251 for 2016. Results for the fourth quarter and year ended December 2017 include a $200,000 increase in income tax expense due to recent Tax Reform legislation.

Related link: https://www.banksocal.com/

Bank of Southern California N.A. announces new SBA and Commercial Real Estate Lending Group Led by Steve Pollett

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced that Steve Pollett has joined the company as SVP, SBA and Commercial Real Estate Lending Group Manager. With more than 30 years' experience in SBA and Commercial Real Estate lending, Pollett will be responsible for leading a team to provide financing to small and medium-sized businesses throughout the Southern California region. Prior to joining Bank of Southern California, Pollett was Senior Vice President and Group Manager of Commercial Lending with Plaza Bank.

Mr. Pollett brings with him a team of six SBA and Commercial Real Estate lending professionals. Additionally, the bank also increased its underwriting and credit processing staff to support the new team and increased loan production.

"Steve and his team have a proven track record of providing creative and customized financing programs that reflect the individual needs of each business, with a concentrated focus on SBA programs," commented Tony DiVita, EVP and Chief Banking Officer.

"The formation of this new Group allows the bank to continue expanding its reach in Southern California, illustrating the Banks commitment to assisting small and medium-sized businesses that are typically underserved by larger regional and national banks," concluded DiVita.

The Bank's new SBA and Commercial Lending Group will specialize in providing qualifying businesses with as much as 90% financing for the acquisition or refinancing of owner-occupied commercial real estate for up to 30 years. Additionally, they can offer longer and more flexible terms for business acquisition and multi-purpose (non-real estate) loans that can be used for the purchase of equipment, inventory, debt refinancing, and working capital.

Bank of Southern California is ranked as a top small business lender and top originator of SBA loans. The Bank also maintains a Preferred Lender Status granted by the Small Business Loan Administration, which allows the bank to make credit decisions on behalf of the SBA, resulting in quicker processing and funding of SBA guaranteed loans.

About Bank of Southern California:
A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

*PHOTO for Media: Send2Press.com/300dpi/18-0124s2p-sbalending-300dpi.jpg
*Photo Caption: New SBA and Commercial Real Estate Lending Group Led by Steve Pollett.

Pink:BCAL / OTC:BCAL / OTCMKTS:BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced that Steve Pollett has joined the company as SVP, SBA and Commercial Real Estate Lending Group Manager. With more than 30 years' experience in SBA and Commercial Real Estate lending, Pollett will be responsible for leading a team to provide financing to small and medium-sized businesses throughout the Southern California region.

Related link: https://www.banksocal.com/

Kathy Gonzales Named Senior Vice President, Director of Branch Banking for Bank of Southern California N.A.

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has appointed Kathy Gonzales as Senior Vice President, Director of Branch Banking. She will be responsible for supporting the Bank's commitment to the customer experience by deepening customer relationships, and identifying opportunities to increase the bank's market share.

She will provide leadership and training to the bank's branch network in San Diego County, Orange County and the Coachella Valley in Riverside County. Recently the bank expanded its presence into Orange County, and is actively looking to expand in other Southern California markets.

Mrs. Gonzales is a tenured commercial and retail banking professional with more than thirty years of experience, including twenty years serving in senior management roles at various Southern California banks. She has a proven track record implementing successful business development tactics while emphasizing the importance of delivering best in class customer service. Mrs. Gonzales attended St. Mary's College in Los Angeles, and completed the Master's Certificate Banking Program from Pacific Coast Banking School.

"Kathy brings a wealth of commercial and retail banking experience to Bank of Southern California, having held leadership positions at both national and regional area banks," said Pamela Isaacson, Executive Vice President, Chief Administration Officer. "Her depth of knowledge and proven track record in driving business development, delivering outstanding service and increasing deposit share will be an asset to the Bank and further support our efforts to expand our presence in Southern California," concluded Isaacson.

About Bank of Southern California:
A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-medium sized businesses.

The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call 858-847-4780.

*LOGO for Media: Send2Press.com/300dpi/18-0118s2p-bank-so-cal-300dpi.jpg

Ticker: OTC Pink: BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has appointed Kathy Gonzales as Senior Vice President, Director of Branch Banking. She will be responsible for supporting the Bank's commitment to the customer experience by deepening customer relationships, and identifying opportunities to increase the bank's market share.

Related link: https://www.banksocal.com/

Bank of Southern California N.A. Opens Orange County Office

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the opening of a production office in Orange County in the city of Orange, Calif. In addition, the bank said it is actively looking to expand into other Southern California markets, as the company continues to grow the banks franchise throughout the Southern California region.

"The bank currently serves many clients who are based in Orange and Los Angeles counties, so our expansion into Orange County was the next, natural extension of our planned growth," said Nathan Rogge, president/CEO, Bank of Southern California. "The Orange County market is attractive, not only because of its proximity to the bank's existing footprint, but also because of the number of thriving and prosperous businesses in the region left unserved by larger regional and national banks."

Rogge said the new Orange County production office, staffed by business development officers and a few administrative employees will focus on originating business relationships with financing and cash management needs who desire the personal services of a dedicated Account Officer, but who are also comfortable managing their banking electronically through services such as online banking and bill payment, remote deposit capture, mobile banking, and electronic cash vault.

"The company's strategic vision is to become a leading community business bank serving the Southern California region, and grow into the bank's name as it implies," said Rogge. "Bank of Southern California has grown significantly in recent years through a combination of organic growth and acquisition, and we are continuing to pursue new market growth opportunities in 2018.

"Our clients recognize the value of our relationship-based, solutions driven approach, which combines the sophisticated financial expertise and tools of a large bank with the genuine, personalized service and local engagement of a community bank. We are pleased that we can now better serve Orange County businesses," concluded Rogge.

About Bank of Southern California:
A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professional, and small-to-medium sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County, and a production office in Orange County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Ticker: OTC Pink: BCAL / OTC:BCAL / OTCMKTS:BCAL / OP: BCAL

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the opening of a production office in Orange County in the city of Orange, Calif. In addition, the bank said it is actively looking to expand into other Southern California markets, as the company continues to grow the banks franchise throughout the Southern California region.

Related link: https://www.banksocal.com/

Riptide Music Festival Powered by Ford Draws Rave Reviews – 37,000 Experience World’s Biggest Beach Party

MIAMI, Fla. /ScoopCloud/ -- The Entercom Radio Miami produced Riptide Music Festival powered by Ford brought 37,000 people to Fort Lauderdale Beach to experience two-days of epic artists, amazing global cuisine and wine along with picture perfect weather that even included a supermoon! Riptide is produced by the staff of 104.3 The Shark, 102.7 The Beach, 101.5 LITE FM and 790 The Ticket.

"This year's Riptide was a magical experience that even blew away our highest expectations," said Riptide Executive Producer & Entercom Marketing Director, Von Freeman. "To increase our audience attendance by 12,000 people in one year is truly a testament to the incredible performers that participated and the expanded experience we created for our patrons. We are excited to get planning our third Riptide!"

Riptide drew rave reviews from guests and media for its sophomore year. The artist lineup was declared "epic" by multiple media outlets and each act seemed to step up to the challenge of excelling the other. Saturday brought out 25,000 alternative and indie rock fans to witness so many memorable performances including showstoppers from Andrew McMahon, PVRIS, Portugal the Man, Weezer and the cannot-stop-buzzing-about set by Cage the Elephant.

Sunday's show had a relaxed all-ages party feel, as 12,000 sang out every word of their favorite songs and burst into spontaneous dance moves with the encouragement of acts like Morris Day and The Time, Salt-n-Pepa, Boyz II Men and KC and The Sunshine Band.

"We are so thankful to all of our sponsors who make this a tremendously successful event," continued Freeman. "Their support and encouragement will help us grow Riptide into a long- standing festival that attracts music lovers from around the country to experience a diverse array of performers and the awesome Fort Lauderdale Beach!"

Riptide partners include The Fort Lauderdale Beach BID, Greater Fort Lauderdale - Hello Sunny, Underground Music, South Florida Ford Dealers, The Law Offices of Anidjar & Levine, 1-800-747-FREE, Bahia Mar Fort Lauderdale Beach by Doubletree a Hilton Hotel, Wadka Vodka, One with Life Organic Tequila, Blue Chair Bay Rum, Gulf Stream Park, Shaw-ross wine, Rip it Energy drink, Goya Foods, Scales Gear, Kind Bars, Yuengling Beer, Catholic Health Services, B Ocean Resort and W Fort Lauderdale, Celebration of the Sea, #1000 Mermaids, Krave Jerky and Smeraldina Water.

About Entercom:

Entercom Communications Corp. (NYSE: ETM) is the fourth-largest radio broadcasting company in the United States, with a portfolio of 125 highly rated radio stations in 27 top markets across the country. Known for developing unique and highly successful locally programmed stations, Entercom's brands reach and engage close to 40 million people each week, delivering a curated mix of outstanding local personalities and a broad range of compelling music, news, talk and sports content.

Founded in 1968, Philadelphia-based Entercom also operates hundreds of events each year attracting millions of attendees and provides customers with a broad range of digital marketing solutions through its SmartReach Digital products.

More information is available at http://entercom.com/, Facebook and Twitter (@entercom).

* Photo credit: Riptide Music Festival, photo by Ron Elkman/Entercom.

Ticker: NYSE:ETM / NY:ETM

The Entercom Radio Miami produced Riptide Music Festival powered by Ford brought 37,000 people to Fort Lauderdale Beach to experience two-days of epic artists, amazing global cuisine and wine along with picture perfect weather that even included a supermoon! Riptide is produced by the staff of 104.3 The Shark, 102.7 The Beach, 101.5 LITE FM and 790 The Ticket - part of Entercom Communications Corp. (NYSE:ETM).

Related link: http://entercom.com/

FormFree Provides Industry’s Most Complete Analysis of Borrower Ability to Pay with Data from Envestnet | Yodlee Risk Insight Solutions

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced its expanded partnership with Envestnet(R) | Yodlee(R) (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry.

The Envestnet | Yodlee Risk Insight Solutions deliver reports designed to provide insight into a consumer's holistic financial picture, utilizing aggregated data from over 16,000 sources, including banking, investment, loan and credit card information. This comprehensive data allows FormFree to enhance its AccountChek(TM) reports with bank statement copies that meet Federal Housing Administration (FHA) requirements. The data will also enable FormFree to fine-tune its analysis of borrower ability to pay with thousands of new rules.

FormFree was the first asset verification provider approved for participation in Fannie Mae's Day 1 Certainty(TM) initiative, which gives lenders who use the Desktop Underwriter(R) (DU(R)) Validation Service reps and warrants relief for validated loan components while delivering a faster and simplified borrower experience. FormFree is also a key participant in Fannie Mae's ongoing Single Source Validation pilot, which will allow mortgage lenders to validate borrower income, asset and employment data through a single report as early as 2018.

"We believe the breadth of Envestnet | Yodlee's financial data across banking and wealth management from tens of millions of consumers far surpasses the competition," said FormFree Founder and CEO Brent Chandler. "By combining Envestnet | Yodlee's track record of secure and accurate financial account aggregation with FormFree's decade of mortgage industry experience, we are bringing lenders unparalleled insight into their borrowers' ability to pay. Based on the research we conducted, the other options in the marketplace don't even compare."

"FormFree's partnership with Envestnet | Yodlee leverages our established platform and extensive data relationships to build better asset, income and employment analytics for lenders," said Michael Burger, vice president of product management for Envestnet | Yodlee. "Lenders participating with us in Fannie Mae's Single Source Validation pilot are already experiencing the powerful combination of Envestnet | Yodlee's Risk Insight Solutions and FormFree's AccountChek verification report."

About FormFree:
FormFree(R) is a fintech company whose market-leading AccountChek(R) reports are used by hundreds of lenders nationwide to verify borrower assets, employment and income in minutes. With FormFree, lenders can delight customers with a paperless experience and reduce origination timelines by up to 20 days. FormFree offers automated analysis and standardized delivery to lenders and their investors using a secure ReIssueKey(TM). To date, AccountChek has securely placed more than one million asset reports for over 1,000 U.S. lenders. A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia. For more information, visit https://www.formfree.com or follow FormFree on LinkedIn.

About Envestnet:
Envestnet, Inc. (NYSE:ENV) is a leading provider of intelligent systems for wealth management and financial wellness. Envestnet's unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group. Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides retirement advisors with an integrated platform that combines leading practice management technology, research and due diligence, data aggregation, compliance tools, fiduciary solutions and intelligent managed account solutions.

More than 59,000 advisors and 2,900 companies including: 16 of the 20 largest U.S. banks, 39 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisers, and hundreds of Internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences, and help drive better outcomes for enterprises, advisors, and their clients.

For more information on Envestnet, please visit http://www.envestnet.com and follow @ENVintel.

IMAGES FOR MEDIA:
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* LOGO: Send2Press.com/300dpi/17-1205s2p-yodlee-300dpi.jpg

Twitter: #FormFree @ENVintel

FormFree(R) today announced its expanded partnership with Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry.

Related link: http://www.formfree.com/

Bank of Southern California NA Announces Third Quarter 2017 Results

SAN DIEGO, Calif. /ScoopCloud/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,088,043 for the third quarter of 2017, compared to $1,032,230 for the second quarter of 2017 and $642,186 for the third quarter of 2016. For the first nine months of 2017, net earnings were $2,830,295, compared to $2,106,775 for the first nine months of 2016.

Nathan Rogge, President and CEO of Bank of Southern California, commented, "Our significant improvement in earnings compared to the prior year is the result of the Bank's success in growing our loan and deposit portfolios, which is a testament to how our high quality commercial banking products and services are being received in the San Diego and Coachella Valley markets that we serve."

Total assets ended the third quarter of 2017 at $468 million, up from $434 million at June 30, 2017, and up from $418 million at September 30, 2016. Total loans increased to $388 million at September 30, 2017, compared to $354 million and $332 million at June 30, 2017, and September 30, 2016, respectively, while total deposits increased to $418 million at September 30, 2017, compared to $385 million at June 30, 2017, and $380 million at September 30, 2016.

"2017 is shaping up to be another record year for the Bank and we look forward to continuing this momentum in 2018. We have a great team of business banking professionals and their hard work is reflected in our results," concluded Rogge.

About Bank of Southern California:

A growing community bank established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products and services to individuals, professionals, and small-to-mid sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County. For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

Forward-Looking Statements:

This news release may contain comments or information that constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) and Bank of Southern California intends for such forward-looking statements to be covered by the safe harbor provisions of that Act.

Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict. Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the ability of the Bank to successfully execute its business plan; changes in interest rates and interest rate relationships; changes in demand for products and services; the degree of competition by traditional and non-traditional competitors; changes in banking legislation or regulation; changes in tax laws; changes in prices, levies and assessments; the impact of technological advances; the outcomes of contingencies; trends in customer behavior as well as their ability to repay loans; and changes in the national and local economy.

Bank of Southern California undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact:
Tony DiVita
Bank of Southern California
(858) 847-4783
tdivita@banksocal.com

Quarterly Financial Highlights Table:
For more details about our quarterly results, please visit the "About Us" / "Financials" page of our website and follow the link labeled: Quarterly Results and Trends - https://www.banksocal.com/about-us/financials/

Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,088,043 for the third quarter of 2017, compared to $1,032,230 for the second quarter of 2017 and $642,186 for the third quarter of 2016. For the first nine months of 2017, net earnings were $2,830,295, compared to $2,106,775 for the first nine months of 2016.

Related link: https://www.banksocal.com/