1st Century Bank, N.A. Announces the Appointment of Jason DiNapoli as President and Chief Operating Officer; Retirement of Richard Cupp, and Appointment of Alan I. Rothenberg as Interim Chief Executive Officer.

LOS ANGELES -- 1st Century Bank, N.A. (the "Bank") (OTCBB:FCNA) announced today the appointment of Jason DiNapoli, 38, the Bank's current Executive Vice President, as President and Chief Operating Officer. In addition, the Bank confirmed that, as previously announced, current President and Chief Executive Officer, Richard Cupp, will retire, effective January 2, 2007. The Bank's current Chairman, Alan Rothenberg, will assume the duties of Chief Executive Officer on an interim basis until a successor chief executive officer is appointed. Cupp, 66, will remain a member of the Board and will be active in the transition.

DiNapoli, a 1990 graduate of the University of California, Berkeley, was the third employee of the Bank, joining during its organizational phase. He has been involved in virtually every aspect of the Bank, including the development of the business plan, the preparation of its charter application to the Comptroller of the Currency, the raising of its capital, and the recruitment of many of its personnel.

DiNapoli's banking career includes participation in Wells Fargo Bank's Loan Officer Development Program; a 10-year stint at Union Bank of California, working his way through its intensive training program and ultimately serving as Vice President Team Leader working in its Energy Capital Group, where he led a team with a loan portfolio in excess of $1 billion and received "Marketer of the Year" honors. Prior to joining the Bank, DiNapoli served as Vice President of Finance for a private real estate development and investment company.

DiNapoli, is a resident of Brentwood and with his wife, Deirdra, is active in numerous local community and charitable organizations. The DiNapolis have three children, Olivia, Henry and Grace.

"Jason is a very bright and energetic banker who has proven his management and leadership talents since joining our Bank in July 2003. We share the vision for the future of the Bank. I am excited about the future of the Bank with Jason as President and COO. I eagerly look forward to working with him as we continue the growth of 1st Century Bank," said Alan Rothenberg, the Bank's Chairman.

"I can't thank Dick Cupp enough for the incredible job he has done in leading 1st Century Bank from its inception to now. We have a very sound foundation from which to grow to the next level of success because of his outstanding work," added Rothenberg.

Dick Cupp, the retiring President and CEO of 1st Century Bank, whose intention to retire was announced in August 2006, said about Jason DiNapoli: "Jason joined 1st Century Bank in its formative stage and has been intimately involved in virtually every facet of its development, operation and growth. As the leader of our talented lending team, he has exhibited excellent management talent, an exceptional skill at business development and client relations and sound underwriting judgment. I am confident that, as President, he will continue the growth of the Bank. I look forward to working with him to assure a smooth transition."

"I am very pleased that the Board of Directors' evaluation of my performance has led to my appointment as the Bank's President. I am extremely enthusiastic about the future of the Bank," said DiNapoli. "We are well positioned as an organization in the West Los Angeles community, which is one of the most important banking markets in the world. We have all worked hard at the Bank to understand and meet the needs of this exciting community."

"These appointments continue the management succession plan that was announced in August 2006, when Dick Cupp first indicated his desire to retire, subject to the selection of a qualified successor. The Bank has interviewed a number of excellent candidates for this position and will continue its search for an exceptional chief executive officer," added Rothenberg.

Alan I. Rothenberg, the Bank's Founder and Chairman, is a well known lawyer/entrepreneur. In addition to his position with the Bank, he also serves as a director of Zenith National Insurance (NYSE:ZNT) and California Pizza Kitchen, Inc. (NASDAQ:CPKI). Among his numerous other activities, he is President of the Board of Airport Commissioners of Los Angeles and Chairman of the Los Angeles Sports Council and a member of the Board of Directors of the Los Angeles Chamber of Commerce and L.A. Inc. He is a graduate of the University of Michigan and its Law School.

1st Century is a full service bank headquartered in the Century City area of Los Angeles, California. The Bank's primary focus is relationship banking to family owned and closely held middle market businesses, professional service firms and high net worth individuals, real estate investors and entrepreneurs. Additional information is available at www.1stcenturybank.com.

FORWARD-LOOKING STATEMENTS

Certain matters discussed in this letter constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to 1st Century's current expectations regarding deposit and loan growth, operating results and the strength of the local economy. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward looking statements. These risks and uncertainties include, but are not limited to: (1) the impact of changes in interest rates, a decline in economic conditions and increased competition among financial service providers on 1st Century's operating results, ability to attract deposit and loan customers and the quality of 1st Century's earning assets; (2) government regulation; and (3) the other risks set forth in 1st Century's reports filed with the Office of the Comptroller of the Currency, including its Annual Report on Form 10-KSB for the year ended December 31, 2005. 1st Century does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements.