Heritage Oaks Announces New Chief Financial Officer

Heritage Oaks Announces New Chief Financial Officer

Lonny D. Robinson to Join Heritage Oaks

PASO ROBLES, Calif., March 12, 2014 (GLOBE NEWSWIRE) -- Simone F. Lagomarsino,
President and CEO of Heritage Oaks Bancorp (Nasdaq:HEOP), announced the
appointment of Lonny D. Robinson as Executive Vice President and Chief
Financial Officer of the Company and Heritage Oaks Bank. Mr. Robinson will
join the company on Wednesday, March 19, 2014.

"We are very pleased to have someone with Lonny's extensive experience join
our company," stated Lagomarsino. "He has the strong financial background and
leadership qualities that are important to us. He is a great addition to our
executive management team."

Mr. Robinson has more than 30 years of financial services industry experience,
most of it at the executive management and Chief Financial Officer level. He
has been involved in all aspects of finance including financial planning,
analysis, and reporting, mergers and acquisitions, accounting, budgeting,
financial and management information systems, and corporate finance. He will
serve as a key member of the Heritage Oaks executive team and will be
responsible for directing and overseeing the company's finance and accounting

Prior to joining Heritage Oaks Bancorp, he served as Executive Vice President
and CFO at Banc of California and Private Bank of California with a combined
asset base of $3.5 billion. Prior to this position, Robinson served as
Executive Vice President and Chief Financial Officer at Hanmi Financial
Corporation, a $2.8 billion bank headquartered in southern California. He also
held senior financial management positions at Opportunity Bank, Western
Community Bancshares, and Center Financial Corporation. Prior to his banking
career, he was a CPA with accounting firm, Ernst & Young.

Mr. Robinson is a graduate of Westminster College with a degree in Accounting
and Business. He also received graduate banking degrees from the University of
Georgia and the University of Texas.

About Heritage Oaks Bancorp

With $1.6 billion in assets, Heritage Oaks Bancorp is the holding company for
Heritage Oaks Bank. Heritage Oaks Bank has its headquarters and three branch
offices in Paso Robles, San Luis Obispo and Santa Maria, two branch offices in
Arroyo Grande and Atascadero, single branch offices in Cambria, Templeton,
Morro Bay, and Santa Barbara as well as loan production offices in Goleta and
Ventura/Oxnard. Heritage Oaks Bank conducts commercial banking business in the
counties of San Luis Obispo, Santa Barbara, and Ventura. Visit Heritage Oaks
Bancorp on the Web at www.heritageoaksbancorp.com. By including the foregoing
website address, Heritage Oaks Bancorp does not intend to and shall not be
deemed to incorporate by reference any material contained therein.

Forward Looking Statements

This press release contains "forward looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The Company intends such forward
looking statements to be covered by the safe harbor provisions for forward
looking statements. All statements other than statements of historical fact
are "forward looking statements" for purposes of federal and state securities
laws, including, but not limited to, statements about anticipated future
operating and financial performance, financial position and liquidity,
business prospects, strategic alternatives, business strategies, regulatory
and competitive outlook, investment and expenditure plans, capital and
financing needs and the availability of merger and divestiture opportunities,
plans and objectives of management for future operations, and other similar
forecasts and statements of expectation and statements of assumptions
underlying any of the foregoing. Words such as "will likely result," "aims,"
"anticipates," "believes," "could," "estimates," "expects," "hopes,"
"intends," "may," "plans," "projects," "seeks," "should," "will," and
variations of these words and similar expressions are intended to help
identify forward‐looking statements. Forward looking statements are based on
the Company's current expectations and assumptions regarding its business, the
regulatory environment, the economy and other future conditions.

Forward looking statements are subject to a number of risks and uncertainties
that could cause the Company's actual results to differ materially and
adversely from those contemplated by the forward looking statements. The
Company cautions you against relying on any of these forward looking
statements. They are neither statements of historical fact nor guarantees or
assurances of future performance. Important factors that could cause actual
results to differ materially from those in the forward looking statements,
include the following: the uncertainty as to whether the financial crisis in
the United States has fully been resolved, including the continuing relative
softness in the California real estate market, and the response of federal and
state government and our regulators thereto; credit quality deterioration or a
reduction in real estate values causing an increase in the allowance for
credit losses and a reduction in net earnings; a decline in general economic
conditions in those areas in which the Company operates; competitive pressure
among depository institutions; fluctuations in interest rates and the
possibility that a change in the interest rate environment may reduce net
interest margins; changes in the Company's business strategy or development
plans; the Company's ability to effectively integrate Mission Community
Bancorp; changes in governmental regulation; changes in the credit quality of
our loan portfolio; economic, political and global changes arising from the
war on terrorism, social unrest and other civil disturbances; the Company's
ability to increase profitability and sustain growth; asset/liability
re-pricing risks and liquidity risks; the Company's beliefs as to the adequacy
of its existing and anticipated allowance for loan and lease losses; the
threat and impact of cyber-attacks on our and our third party vendors
information technology infrastructure; environmental conditions, including
natural disasters such as earthquakes, droughts, landslides and wildfires, may
disrupt business, impede operations, or negatively impact the values of
collateral securing loans; and financial policies of the United States

Additional information on these risks and other factors that could affect
operating results and financial condition are detailed in reports filed by the
Company with the U.S. Securities and Exchange Commission, including the
Company's Annual Report on Form 10-K for the year ended December 31, 2013,
filed by the Company with the U.S. Securities and Exchange Commission on March
4, 2014. Forward looking statements speak only as of the date they are made,
and the Company does not undertake to update forward looking statements to
reflect circumstances or events that occur after the date the forward looking
statements are made, whether as a result of new information, future
developments or otherwise, and specifically disclaims any obligation to revise
or update such forward looking statements for any reason, except as may be
required by law.

CONTACT: Simone Lagomarsino, President & CEO

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