1st Capital Bank reported unaudited interim earnings results for the third quarter and nine months ended September 30, 2009. 1st Capital Bank earned net income of $75,000 for the quarter compared to a net loss of $398,000 for the trailing quarter ended June 30, 2009. Diluted earnings per share for the quarter were $0.02 compared to a loss per share of $0.13 for the trailing quarter ended June 30, 2009. The financial results for the quarter ended September 30, 2009 were supported by an increase in net interest income and a decrease in noninterest expenses when compared to the quarter ended June 30, 2009. Net interest income before the provision for loan losses for the quarter was $1,543,000, an increase of $245,000 (19%) over the trailing quarter ended June 30, 2009. Interest income for the quarter was $1,919,000 an increase of $164,000 (9%) from the trailing quarter ended June 30, 2009. The net loss for the nine months ended September 30, 2009 decreased $825,000 (52%) to $756,000 compared to a loss of $1,581,000 for the nine months ended September 30, 2008. The decrease in the loss was due primarily to an increase in net interest income and a decrease in the provision for loan losses, partially offset by an increase in noninterest expenses due to the increased size of the bank, including the opening of the King City branch subsequent to September of last year. Net interest income before the provision for loan losses for the nine months was $3,852,000, an increase of $1,205,000 (46%) over the nine months ended September 30, 2008. Interest income for the nine months was $5,201,000, an increase of $1,468,000 (39%) from the nine months ended September 30, 2008.

1st Capital Bank announced the appointment of Warren Wayland, C.P.A., to the 1st Capital Bank Board of Directors. In 1977, Warren co-founded the firm Hayashi & Wayland and is currently the Managing Partner. Wayland has over thirty-eight years of diversified tax, audit and business-consulting experience serving major clients in several industries, especially the agriculture industry. He is also the firm's estate and trust planning specialist, and specializes in larger, closely-held businesses. He earned his degrees at the University of California, Davis.

1st Capital Bank reported unaudited earnings results for the second quarter and six months ended June 30, 2009. The net loss recorded for the quarter ended June 30, 2009 decreased $35,000 or 8% to $398,000, compared to $433,000 for the trailing quarter ended March 31, 2009. Basic loss per share for the quarter ended June 30, 2009 was $0.13 compared to $0.14 for the trailing quarter ended March 31, 2009. An increase in net interest income was partially offset by increased noninterest expenses which included a $67,000 special assessment payable by all banks insured by the FDIC, accrued during the second quarter. Net interest income before the provision for loan losses for the quarter ended June 30, 2009 was $1,298,000, an increase of $287,000 or 28% over the trailing quarter ended March 31, 2009. Interest income for the quarter ended June 30, 2009 was $1,755,000, an increase of $228,000 or 15% from the trailing quarter ended March 31, 2009. The net loss for the six months ended June 30, 2009 decreased $530,000 or 39% to $831,000 compared to a loss of $1,361,000 for the six months ended June 30, 2008. The decrease in the loss was due largely to an increase in net interest income and a decrease in the provision for loan losses, partially offset by an increase in noninterest expenses. Net interest income before the provision for loan losses for the six months ended June 30, 2009 was $2,309,000, an increase of $652,000 or 39% over the six months ended June 30, 2008. Interest income for the six months ended June 30, 2009 was $3,282,000, an increase of $960,000 or 41% from the six months ended June 30, 2008.