Bank of Napa Posts Record Growth & Profit Net Income Exceeds $1 Million

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					Bank of Napa Posts Record Growth & Profit Net
Income Exceeds $1 Million
January 19, 2012 04:08 PM Eastern Time 

NAPA, Calif.--(EON: Enhanced Online News)--Bank of Napa, N.A. (OTCBB:BNNP) announced its 2011
financial results, which included net income of $1,140,000. Driven by strong core deposit growth, the 2011 net
income represents an $893,000 improvement over last year.

Bank of Napa’s total deposits at December 31, 2011 were $121.1 million, an increase from last year of $32.1
million.

Loan totals at December 31, 2011 were $79.6 million, an increase of $3.4 million from 2010, and the Bank’s total
assets reached $140.0 million, a $34.0 million or 32.1% increase over last year.

President and Chief Executive Officer Tom LeMasters stated, “We take a measure of pride in producing record
earnings and maintaining credit quality, while achieving substantial growth, all of which was accomplished in a
challenging economy. As Napa Valley’s only locally owned community bank, and a bank that was awarded the
Bauer Financial Five Star Rating for financial strength, we look forward to a bright future.” 

At December 31, 2011, the bank had equity capital of $18.2 million, and all capital ratios were in excess of the
regulatory definition for “well capitalized” distinction.

               Dec. 31, 2011      Dec. 31, 2010    $ Increase
Total Assets $139,987,000         $105,962,000     $34,025,000
Total Loans    $79,619,000        $76,229,000      $3,390,000
Total Deposits $121,082,000       $88,953,000      $32,129,000
Net Income     $1,140,000         $247,000         $893,000

Bank of Napa, N.A.offers a complete range of loan and deposit products and services to businesses and consumers
in the Napa Valley. Its full service office is located at the corner of Redwood Road and Solano Avenue at 2007
Redwood Road, Suite 101 in the Redwood Plaza near Vallerga’s Market in Napa, CA. Bank of Napa is a member
of the FDIC. Its common stock is traded on the Over the Counter Bulletin Board under the symbol BNNP and the
Bank can be found on the web at www.thebankofnapa.com. Contact Information: Tom LeMasters, President &
CEO, 707-257-7777

Information contained herein may contain certain forward-looking statements that are based on management’s
current expectations regarding economic, legislative, and regulatory issues that may impact the Bank’s earnings in
future periods. 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,” “intend,” “estimate” or words of similar meaning, or
future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” Factors that could cause future
results to vary materially from current management expectations include, but are not limited to, general economic
conditions, changes in interest rates, deposit flows, real estate values, and competition; changes in accounting
principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental,
regulatory and technological factors affecting the Bank’s operations, pricing, products and services. The Bank
undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may
be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of
unanticipated events.
Contacts
Bank of Napa, N.A.
Tom LeMasters, 707-257-7777
President & CEO

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Description: NAPA, Calif.--(EON: Enhanced Online News)--Bank of Napa, N.A. (OTCBB:BNNP) announced its 2011 financial results, which included net income of $1,140,000. Driven by strong core deposit growth, the 2011 net income represents an $893,000 improvement over last year. Bank of Napa’s total deposits at December 31, 2011 were $121.1 million, an increase from last year of $32.1 million. Loan totals at December 31, 2011 were $79.6 million, an increase of $3.4 million from 2010, and the Bank’s total assets a style='
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