Bank of Napa Posts 10th Consecutive Quarter of Strong Earnings

  Bank of Napa Posts 10th Consecutive Quarter of Strong Earnings

Business Wire

NAPA, Calif. -- October 18, 2012

Bank of Napa, N.A. (OTCBB: BNNP) announced its third quarter 2012 financial
results, which included net income of $435.8 thousand. The third quarter 2012
profit represents a $186.9 thousand improvement over the same quarter of last
year. Year to date, the bank has recorded net income of $1.4 million, a $749.0
thousand improvement over 2011.

Bank of Napa’s total deposits at September 30, 2012 were $113.9 million, an
increase from the third quarter 2011 of $607.4 thousand. Loan totals at
September 30, 2012 were $88.5 million, an increase of $9.2 million from the
same quarter last year.

At September 30, 2012, Bank of Napa’s total assets reached $134.3 million, a
$2.9 million increase over the same period last year.

President and Chief Executive Officer Tom LeMasters stated, “Loan growth,
credit quality and liquidity remain strong, and we are pleased with our
performance ratios. Our Return on Equity and Return on Asset ratios place us
among the leaders relative to our peer banks.”

At September 30, 2012, the bank had equity capital of $19.8 million, and all
capital ratios were in excess of the regulatory definition for “well
capitalized” distinction.

(000 OMITTED)       Sept. 30,         Sept. 30,         $ Increase
                        2012                  2011
Total Assets            $134,342              $131,388              $2,954
Total Loans             $88,469               $79,298               $9,171
Total Deposits          $113,857              $113,249              $608
Net Income              $1,390                $641                  $749
Diluted EPS             $.61                  $.28                  $.33
Return on Avg.          1.37%                 0.71%                 -
Return on Avg.          9.76%                 4.70%                 -

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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