CEO Brian Kelley Reports Professional Business Bank's Assets Top $100 Million.

Business Editors

PASADENA, Calif.--(BUSINESS WIRE)--April 5, 2004

At a news conference held today, CEO Brian Kelley reported that Professional Business Bank ("ProBizBank") (OTCBB:PBBK) has passed the $100 million mark in assets. As of March 31, 2004, the Bank reported Total Assets of more than $105 million, an increase of $12 million over the previous quarter.

For the quarter ending March 31, 2004, the bank reported a profit of $118,000, its third consecutive profitable quarter. That compares with a loss of $519,000 for the year earlier period. For the quarter, the Bank booked over $19 million in new loans, while increasing its deposit base by almost $12 million. Net loans booked for the quarter, after deducting for loans sold and payoffs, increased by $6.4 million. During the quarter, the Bank posted additional loan loss reserves of $50,000, bolstering its total loan loss reserve to $970,000, or 1.26% of funded loan balances.

The Bank also reported that its newest branch, the Glendale Branch, which opened January 12, 2004, finished its first quarter of operation with nearly $10 million in deposits. "Traditionally, a new bank branch is considered to be a success if it can raise $10 million in deposits its first calendar year," indicated Kelley. "Our Glendale Branch did it in less than three months -- amazing," said Kelley. Leading the charge in Glendale is Diego Munoz-Flores, formerly with Verdugo Bank (which was sold in September 2003). The combination of Diego's reputation, convenience of our location, and ProBizBank now being the only locally-owned bank in Glendale, has resulted in a virtual stampede of new customers into the branch (213 accounts in total).

When asked about the recent rise in the bank's stock, Kelley responded: "With three profitable quarters under our belt, and total assets in excess of $100 million, the Bank is understandably attracting a lot of attention, and we are certainly flattered by that attention." Since the November 6, 2003 close of its second round stock offering, the Bank's stock price has risen from $10.50 to $13.50, an increase of almost 30%.

Professional Business Bank is Pasadena's first new bank in over 19 years. It was founded by local professionals and business leaders in the tri-city markets of Pasadena-Glendale-Burbank. "Virtually all of our 470 shareholders have one thing in common, they felt that their banking needs were not being met by their existing bank," said Kelley. "Increasingly, banks have become larger and more impersonal. Credit decisions are not made locally, but rather, by distant and disconnected credit departments, with little or no knowledge or appreciation of the local market or its needs," said Mr. Kelley. "How many of us have tried to contact our bank, only to be lost in a maze of recorded messages. At Professional Business Bank, you will find no phone trees, canned messages, or pre-recorded help lines. Instead, you will find a live person with a local knowledge of you and the needs of your business, someone who is a part of your community and involved in your neighborhood. That's a heck of a selling point compared to the treatment people receive at most large banks," Kelley declared.

Professional Business Bank is publicly traded on the OTC Bulletin Board under the stock symbol PBBK. The bank offers small business loans, SBA loans, construction and permanent real estate financing as well as personal and professional credit lines. Information on the Bank as well as a copy of the Bank's most recent newsletter and financial summary, can be accessed through its website: "probizbank.com" or by calling 626-395-7000, where a "live" person will answer your phone call.