Bank of Napa Reports Improved Growth & Profitability by EON


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									Bank of Napa Reports Improved Growth &
October 28, 2010 05:03 PM Eastern Daylight Time  

NAPA, Calif.--(EON: Enhanced Online News)--Bank of Napa, N.A. (OTCBB:BNNP) announced its third quarter
2010 financial results, which included net income of $73,000. The third quarter 2010 profit represents a $283,000
improvement over the same quarter of last year, and a $16,000 improvement over the second quarter of 2010. Year
to date, the bank has recorded a net profit of $36,000, a $579,000 improvement over 2009.

Bank of Napa’s total deposits at September 30, 2010 were $85.7 million, an increase from the third quarter of
2009 of $24.0 million. Loan totals at September 30, 2010 were $71.0 million, an increase of $13.8 million from the
same quarter last year.

At September 30, 2010, Bank of Napa exceeded $100 million in assets for the first time in its history concluding the
period with total assets of $102.7 million, representing a $24.2 million or 30.8% increase over the same period last

President and Chief Executive Officer Tom LeMasters stated, “After four years of operation, exceeding $100 million
in assets, growing a quality loan portfolio, and improving profitability are noteworthy accomplishments, all of which is
testimony to the effort of our board of directors, senior management, and team of employees.” 

At September 30, 2010, the bank had equity capital of $16.7 million, and all capital ratios were in excess of the
regulatory definition for “well capitalized” distinction.

(000 OMITTED)       Sept. 30, 2010    Sept. 30, 2009    $ Increase
Total Assets        $102,704          $78,513           $24,191
Total Loans         $70,951           $57,181           $13,770
Total Deposits      $85,655           $61,612           $24,043

Bank of Napa, N.A. 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.

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.

Bank of Napa, N.A.
M. T. LeMasters, 707-257-7777 (President & CEO)


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