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California and the Central California Coast. Our acquisition of Santa Clara Valley Bank in 2014 was a first step as
the Bank expanded outside of our legacy market in the Central Valley. We proved our commitment to expansion,
as well as our ability to complete a whole bank purchase in those markets. Very early in 2016 we took another step
in this vision as we announced our planned acquisition of Coast National Bank. Coast has four locations on the
Central Coast, including San Luis Obispo, Arroyo Grande, Paso Robles and Atascadero. We believe this is a great
opportunity to expand our footprint, and is a strong platform for growth in that market.
Looking forward to 2016, we are enthusiastic about the possibilities that lie ahead. Of course there are always po-
tential economic headwinds; however, our team of bankers are some of the best in the industry. With our people
and strong capital levels we plan to continue our tradition of expansion by increasing market share and looking for
opportunities to expand beyond our footprint. These are certainly exciting times!
Sincerely,
Kevin J. McPhaill
“
The greater danger for most of us lies not in setting our aim too high and falling short, but
in setting our aim too low, and achieving our mark.
”
-Michelangelo
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