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Chris Walsh Named CEO at Partners Bank of California

November 19, 2018

MISSION VIEJO, Calif.--(BUSINESS WIRE)--Nov 19, 2018--Partners Bank of California (“Partners Bank”) (OTC: PBKX) has announced the appointment of Chris Walsh as President & Chief Executive Officer.

With over 30 years of banking leadership and business development experience, Chris originally joined the Partners Bank team in June of 2018 and has served as President since that time. He now assumes the role of President and CEO.

“We are truly excited and inspired by what it means to us, to have Chris leading our institution’s management and growth,” says Mike Ahmar, Executive Chairman of the Board at Partners Bank. “It’s a pivotal and exciting time of growth and development for our bank, and Chris provides an unparalleled level of experience and leadership, with a proven track record that our clients and shareholders can truly count on.”

Chris Walsh replaces Rick Mandelbaum who previously served as CEO until recently announcing his retirement from Partners Bank. “On behalf of the entire Partners Bank team, we would like to thank Rick Mandelbaum for his service,” says Chris Walsh. “I look forward to building on the success and leadership represented by Rick’s six years with the bank.”

A Southern Californian for most of his life, Chris Walsh graduated from the University of California, Santa Barbara in 1980. His background in leading significant and sustained institutional growth has included experience with Sunwest Bank, Vineyard Bank, Commercial Capital Bank, California Bank and Trust, U.S. Trust Company of America and Bank of California.

Past community organization board appointments held by Chris Walsh have included Mission Hospital Foundation, Saddleback Valley YMCA, Community Development Financial Institutions (CDFI) Fund and Orangewood Children’s Foundation.

The Partners Bank of California Executive Management team includes Mike Chambers – EVP, Chief Banking Officer; Kirk Colburn – EVP/Chief Financial Officer; and Kent Falk – EVP/Chief Credit Officer.

With current total assets of $239.5 million*, Partners Bank of California provides a wide array of personal and commercial banking services as well as a variety of business lending solutions including lines of credit, commercial real estate, new construction financing, equipment/industrial and SBA/State Government guaranteed loans. Founded in 2007 and headquartered in Mission Viejo, California, Partners Bank is proud to serve clientele throughout Southern California.

Partners Bank of California… passionate about your success!

Member FDIC

* Unaudited, as of September 30, 2018.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181119005915/en/

CONTACT: Matthew Terry

Vice President, Marketing & Media Relations Officer

Partners Bank of California

Direct: (949) 732-4052

mterry@partnersbankca.com

www.partnersbankca.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SMALL BUSINESS PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Partners Bank of California

Copyright Business Wire 2018.

PUB: 11/19/2018 06:03 PM/DISC: 11/19/2018 06:03 PM

http://www.businesswire.com/news/home/20181119005915/en

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