March 19, 2009

Promérica Bank (OTCBB: PMRA) today reported results for its second full year of operations that were highlighted by growth of total assets to $73.5 million, growth of the loan portfolio to $55.8 million and an increase in deposits to $51.5 million.Total assets increased by $16.8 million to $73.5 million, a 30% increase for the year ended December 31, 2008. Strong loan growth of $18.5 million represented a solid 50% increase in the Bank's loan portfolio for the year ended December 31, 2008. Total loans at December 31, 2008 were $55.8 million compared with $37.3 million at December 31, 2007.

Promérica Bank recently announced the appointments of John H. Quinn as President and CEO effective February 23, 2009, and of Stephen M. Rolfe as Executive Vice President and Chief Credit Officer. They join Frank Smith who continues to serve Promérica Bank as the Chief Financial Officer. "After an extensive search, the Board selected Mr. Quinn as the ideal candidate because of his vast knowledge and experience with our target clientele, products and services, and the Southern California region.