1st Pacific Bank of California Nominates Ronne Froman to Its Board of Directors.

Business Editors

SAN DIEGO--(BUSINESS WIRE)--March 22, 2004

1st Pacific Bank of California (OTCBB: FPBS) today announced the nomination of Ronne Froman, chief executive officer of the San Diego and Imperial Counties Chapter of the American Red Cross, to the bank's board of directors. Froman's appointment will be finalized, pending a shareholder vote, at the bank's annual shareholders' meeting on May 20.

"1st Pacific Bank is establishing itself as the premier business bank for San Diego County. We've achieved this designation thanks to our greatest asset -- our people," said Vince Siciliano, president and CEO of 1st Pacific Bank of California. "Ronne Froman will be a tremendous addition to our board. She is a visionary leader in our community, and her wealth of knowledge and expertise will help us build on our leadership position among locally owned community banks in this region."

Froman was named CEO of the local American Red Cross Chapter in April 2003. She was previously the chief of business operations for the San Diego Unified School District, where she served for one-and-a-half years. In that position, she was responsible for the modernization and automation of the district's finance, technology and logistics support operations and infrastructure.

Froman spent more than 31 years serving her country in the U.S. Navy, retiring with the rank of Rear Admiral. In addition to her numerous military awards and decorations, Froman has been recognized with the YWCA "TWIN" Award (2002), the Girl Scouts Cool Women Award (2003), a San Diego Women Who Mean Business Award (1997) and the San Diego Soroptomists' Woman of Accomplishment Award (1998). She was also named the National Association of Women Business Owners' Advocate of the Year (1998), the San Diego Press Club's Headliner (1998) and served as chairperson of Fleet Week San Diego 2003.

1st Pacific Bank is a San Diego-based, locally owned and operated financial institution with more than $144 million in assets. The bank offers a full complement of business, personal and online banking products and services. Offices are located on Regents Road in the Golden Triangle area of La Jolla, in the Tri-Cities area of Oceanside on College Boulevard and in Mission Valley on Rio San Diego Drive. For more information, visit www.1stpacbank.com.

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