Team of architects discussing plans

Bank of Manhattan merging with Plaza Bank

IRVINE, California & EL SEGUNDO, California –(BUSINESS WIRE)–Plaza Bancorp, Plaza Bank (OTCBB: PLZB), Manhattan Bancorp (OTCBB: MNHN), and Bank of Manhattan, N.A. today announced the execution of a definitive agreement providing for the merger of Manhattan Bancorp with and into Plaza Bancorp, to be followed immediately by the merger of Bank of Manhattan with and into Plaza Bank.

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Client Closeup: Advancing VERYS

Chris Antonius and Mike Zerkel were looking for a change. Both highly accomplished professionals for a leading global IT services company, each was logging more than 200 days of travel annually—rigorous schedules that began to take a toll on their professional and personal lives.

“Though we held different positions at our prior company, Chris and I knew each other really well and had a lot in common,” Zerkel said. “During one of our conversations, we both agreed we needed to re-prioritize and achieve more balance in our lives.”

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L-R: Mike Zerkel, Ben Buskey, and Chris Antonius

L-R: Mike Zerkel, Ben Buskey, and Chris Antonius

Q1-2015

Plaza Bank Announces 2015 First Quarter’s Financial Results

IRVINE, CA–(Marketwired – Apr 14, 2015) – Plaza Bank (OTCBB: PLZB) (the “Bank”) today reported unaudited net income for the first quarter of 2015 of $1,622,000 or $0.09 per share on a diluted basis, a decrease of 5.1% compared to the prior year’s first quarter net income of $1,710,000 or $0.09 per share on a diluted basis. For the quarter ended March 31, 2015, the Bank’s annualized return on average assets was 1.18% and annualized return on average equity was 10.62%, down from an annualized return on average assets of 1.40% and an annualized return on average equity of 12.35% for the 2014 comparable period.

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Fast Track: A Micro Loan for your Small Business

Entrepreneurs seeking small loans may benefit from the Fast Track Program. A quick and streamlined approval process makes this option ideal for newer businesses that do not have an extensive operating history.

Lending Highlights

  • $5,000 to $150,000
  • Minimum of 1 year in business
  • $500 to cover documentation and processing expenses
  • For small businesses in Southern Nevada and Southern California

FOR MORE INFORMATION ABOUT FAST TRACK LOANS CONTACT
Irvine: (949) 502-4300
Las Vegas: (702) 853-4700

FAST-TRACK

Plaza Bank makes SNL’s list of 100 top-performing banks of 2014 with assets between $500M and $5B

SNL Financial is the premier provider of breaking news, financial data and expert analysis on business sectors critical to the global economy such as banking.

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