December 15, 2009

Written agreement with 1st Pacific Bancorp and 1st Pacific Bank

For immediate release

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among 1st Pacific Bancorp, a registered bank holding company, 1st Pacific Bank of California, a state member bank, both of San Diego, California, and the Federal Reserve Bank of San Francisco.

A copy of the Written Agreement is attached.

Last Update: December 15, 2009