Bay Commercial Bank Announces Stock Repurchase Program

  Bay Commercial Bank Announces Stock Repurchase Program

Business Wire

WALNUT CREEK, Calif. -- July 29, 2013

Bay Commercial Bank (OTCQB: BCML) (the “Bank”) today announced its plans to
repurchase up to 241,500 shares of the Company’s outstanding common stock or
approximately 5% of the total outstanding common stock. The repurchase
program, subject regulatory approval, is anticipated to begin on August 12,

The Bank has engaged McAdams – Wright – Ragen Incorporated as the broker to
administer the repurchase program. Interested shareholders should contact Joey
Warmenhoven, Senior Vice President Community Bank Specialist, at (866)
662-0351 or (503) 922-4885. Mr. Warmenhoven’s email address is

George J. Guarini, Chief Executive Officer of the Bank, stated, “In light of
the current environment for community banks nationwide, we believe the Stock
Repurchase Program is in the best interest of our shareholders. We do not
expect this program to hinder our growth strategies either organically or
strategically through mergers, combinations or acquisitions.”

Bay Commercial Bank offers a full-range of loan, including SBA and USDA
guaranteed loans, and deposit products and services to businesses and their
affiliates throughout the Greater Bay Area. Bay Commercial Bank also offers
business escrow services and facilitates tax free exchanges through its
Bankers Exchange Division. Its full service branches in California are located
at 500 Ygnacio Valley Road, Walnut Creek; 155 Grand Avenue, Oakland; 3895 E.
Castro Valley Blvd, Castro Valley; 700 E. El Camino Mountain View; and 960
School Street, Napa. Bay Commercial Bank is a member of FDIC and is an Equal
Housing Lender. It is traded on the Over the Counter Bulletin Board under the
symbol BCML. The Bank can be found on the web at

The Bank has made forward-looking statements in this Press Release that are
subject to risks and uncertainties. Forward-looking statements include
information concerning the Bank’s possible or assumed future results of
operations. Also, when the Bank uses such words as “believe,” “expect,”
“anticipate,” “plan,” “could,” “intend,” or similar expressions, it is making
forward-looking statements. Readers should not place undue reliance on the
forward-looking statements, which reflect management’s view only as of the
date hereof. The Bank’s actual results could differ materially from those
expressed in any forward-looking statements as a result of certain factors,
including (1) changes in interest rates, (2) significant changes in banking
laws or regulations, (3) increased competition in the markets served by the
entities, (4) other-than-expected credit losses due to adverse changes in the
economy, (5) earthquake or other natural disasters impacting the condition of
real estate collateral, (6) unexpected difficulties in the post-merger
integration, and (7) legal, tax and accounting changes. . The Bank undertakes
no obligation to publicly revise these forward-looking statements to reflect
subsequent events or circumstances.


Bay Commercial Bank, Walnut Creek, California
Keary Colwell, 925-476-1800
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