Yahoo Finance

The Bank has always maintained capital levels well above the regulatory highest designation, "well capitalized", and had capital ratios at March 31, 2016, as follows:

As reported by the U.S. Small Business Administration ("SBA") for their 6-months ending March 31, 2016, Seacoast Commerce Bank was the 14^th largest SBA lender in the nation, out of 1,708 financial institutions that have at least one SBA loan approved during that 6-month period, and over 3,000 financial institution that are approved as an SBA lender. SBA rankings are based on total dollars approved with Seacoast having $105.5 million approved. In addition to being ranked the 14^th largest SBA lender in the nation, Seacoast was the 6^th largest SBA lender in California; the largest SBA lender the in Las Vegas, Nevada, District; the 3^rd largest SBA lender in the Sacramento, California, District; the 4^th largest SBA lender in the San Diego, California, District; the 5^th largest SBA lender in the Santa Ana, California, District; the 7^th largest SBA lender in the Houston, Texas, District; and the 9^th largest SBA lender in the Los Angeles, California, District Office.

Allan W. Arendsee, Chairman of the Board, stated, "The Board of Directors is again very proud of our team for doing what's right; focusing on adding long-term shareholder value. The Board is firmly committed to ensuring the bank operates in a safe and sound manner, and with a strategy that will provide shareholders with a superior return on their investment over the long run. Along the lines of providing a return to shareholders, our strategy heading into 2016 and beyond will be to put the Company in a position where it can start to pay a dividend to shareholders. We look forward to sharing more at our annual meeting of shareholders." Arendsee concluded.

Richard M. Sanborn, President & Chief Executive Officer, commented, "We are pleased to report continued success with our strategy of focusing on lending to small business owners, and more importantly, focusing on consistent performance. While our first quarter loan production was down from last year, our pipeline of approved deals is strong and we feel confident we will achieve our year-end production goals. From a financial perspective, our performance continues to consistently exceed our peers. Our strong return on equity provides capital to support our growth, and allows us to help more small businesses get the financing they need to hire more employees, grow their businesses, and expand our economy. We are also fortunate that our strong capital base is complimented by a balance sheet that has significantly less risk than our peers, due to the majority of our loans having not only a guarantee from the U.S. Government, but also hard collateral in the form of real estate. Let's face it; loans go bad, and when they do, it is always better to have hard collateral to take, versus being unsecured where you will lose money. 99% of our loans are fully secured with real estate collateral, and, 68% of our portfolio also has a guarantee from the U.S. Government. Very few, if any other banks can match that risk profile." Sanborn continued, "As our Chairman stated, our focus for 2016 is on positioning the Company in a way to pay shareholders dividends. That requires us to manage our growth in a way where we can create excess capital, which can then be given back to shareholders. We look forward to communicating more about our 2016 plans at our annual shareholders meeting in May." Sanborn concluded.

About Seacoast Commerce Banc Holding: Seacoast Commerce Banc Holdings is a bank holding company with one wholly-owned banking subsidiary, Seacoast Commerce Bank. Both the Company and the Bank are headquartered in San Diego, California, with the Bank having full-service banking branches in San Diego and Chula Vista, California, and production offices in San Diego, Orange County, Los Angeles, Sacramento and San Ramon, California; Phoenix, Arizona; Denver, Colorado; Las Vegas and Reno, Nevada; Houston and Dallas, Texas; and Bellevue, Washington. For more information on Seacoast Commerce Banc Holdings, please visit www.scbholdings.com; to learn more about Seacoast Commerce Bank, visit www.sccombank.com, or contact Richard M. Sanborn, President and Chief Executive Officer at 858-432-7001, or rsanborn@scbholdings.com.

This press release contains some non-GAAP financial analysis provided to supplement information regarding the Bank's performance, and to enhance investors' overall understanding of such financial performance.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business, and the intent, belief or current expectations of the Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such "forward-looking" statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank's performance and regulatory matters.