1st Capital Bank Announces: Declaration of 5.00% Stock Dividend

1st Capital Bank Announces: Declaration of 5.00% Stock Dividend 
MONTEREY, CA -- (Marketwired) -- 05/29/14 --  1st Capital Bank
(OTCQB: FISB) ("Bank") today announced that its Board of Directors
declared a 5.00% stock dividend on the Bank's common stock
outstanding. The stock dividend is payable on June 30, 2014 to
shareholders of record on June 18, 2014. The dividend will be issued
in the form of additional shares of common stock. Cash will be issued
in lieu of fractional shares. This is the Bank's second stock
dividend, following a 2.00% stock dividend that was paid in April
Commenting on the announcement, Mark Andino, the Bank's President and
Chief Executive Officer, stated: "We recognize that community banks
in our market area have a longstanding tradition of paying stock
dividends. We are pleased to continue that practice with a second and
larger stock dividend, and in so doing meet the expectations of our
local shareholders. Increasing the number of shares of our common
stock outstanding supports the long term liquidity of our shares. The
Bank currently has approximately 3.53 million shares of common stock
outstanding. The 5.00% stock dividend will therefore add about 175
thousand shares to our capitalization." 
Kurt Gollnick, the Bank's Chairman of the Board, added: "The Bank
reported record levels of loans, assets, deposits, shareholders'
equity, and tangible book value per share at March 31, 2014. In light
of the Bank's strong growth over the past year, the Board of
Directors concluded it was appropriate to declare a second stock
dividend. We much appreciate the ongoing support of our shareholders,
a great many of whom are also our clients." 
About 1st Capital Bank 
The Bank's target markets are commercial enterprises, professionals,
real estate investors, family business entities, and residents along
the Central Coast Region of California. The Bank provides a wide
range of credit products. A comprehensive suite of deposit accounts
is also furnished, complemented by robust cash management services.
The Bank operates full service branch offices in Monterey, Salinas,
and King City. The Bank's corporate offices are located at 5 Harris
Court, Building N, Suite 3, Monterey, California 93940. The Bank's
website is www.1stCapitalBank.com and the main telephone number is
Member FDIC / Equal Opportunity Lender / SBA Preferred Lender 
Forward-Looking Statements 
Certain of the statements contained herein that are not historical
facts are "forward-looking statements" within the meaning of and
subject to the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements may
contain words or phrases including, but not limited, to: "believe,"
"expect," "anticipate," "intend," "estimate," "target," "plans," "may
increase," "may fluctuate," "may result in," "are projected," and
variations of those words and similar expressions. All such
forward-looking statements are subject to risks and uncertainties
that could cause actual results to differ materially from those
projected. Factors that might cause such a difference include, among
other matters, changes in interest rates; economic conditions
including inflation and real estate values in California and the
Bank's market areas; performance and contributions of directors and
employees; governmental regulation and legislation; credit quality;
competition affecting the Bank's businesses generally; the risk of
natural disasters and future catastrophic events including terrorist
related incidents and other factors beyond the Bank's control; and
other factors. The Bank does not undertake, and specifically
disclaims any obligation, to update or revise any forward-looking
statements, whether to reflect new information, future events, or
otherwise, except as required by law. 
This news release is available at the www.1stCapitalBank.com Internet
site for no charge. 
For further information, please contact: 
Mark R. Andino
President and Chief Executive Officer
831.264.4028 office
831.915.6498 smartphone
Michael J. Winiarski
EVP / Chief Financial Officer & Corporate Secretary
831.264.4014 office
831.747.0007 smartphone
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