Press Release

Novato, CA—December 6, 2010

She was honored at a gala awards ceremony along with 11 other winners selected by the Business Times from leaders of Northern California businesses.

Kaselionis has led the Bank to 45 consecutive profitable quarters since she took the post in 1996.  Over that period, she been instrumental in expanding the branch system from two to five locations, with a sixth scheduled for opening in the Town Center Mall in Corte Madera in February 2011.

The Bank, which has $316 million in assets, has also recently filed an S-1 statement in anticipation of an initial public offering.

At the awards presentation held in San Francisco, Kaselionis was cited as “’the Andy Griffith of banking’ for her brand of community banking…Circle Bank distinguishes itself by seeking out unmet needs of its communities and creating products and programs to meet those needs.”  The Bank recently pledged $100,000 to a loan program for the Women’s Initiative, which provides women with the financial skills to help them become business owners, including how to create a business plan.  Under the program, Circle Bank will provide loans up to $10,000 to program graduates to assist them in launching or expanding their businesses.

In accepting the award, Kaselionis said, “Our loan demand is strong; our SBA program continues to attract business customers, and which, along with the support of local communities and employers, has been extremely well received.”

“With the funds raised by the IPO,” she said, “we hope to be able to continue our expansion of branches and services in the Bay Area. While the local economy struggles to recover, many larger national banks are abandoning small businesses and local communities. This is our niche and we are well positioned to best serve our current and future customers.”

About Circle

Circle Bank (www.umpquabank.com) is a full-service bank, providing a broad range of financial services to consumers and businesses. It is headquartered in Novato, with branches in San Rafael, Petaluma, Santa Rosa and San Francisco’s Noe Valley. It has announced plans to open a new branch in Corte Madera’s Town Center Mall in early 2011.  The Bank had total net assets of $316 million as of the quarter ending Sept. 30, 2010.

Certain of the statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements are typically identified by words or phrases such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “target,” “plans,” “may increase,” “may fluctuate,” “may result in,” “are projected,” and similar expressions. The Bank’s actual results may differ materially from those included in the forward-looking statements. These forward-looking statements involve risks and uncertainties including, but not limited to, the economic, business, and real estate market conditions in the Bank’s market areas, the interest rate environment, competition, regulatory and legislative actions, the possibility that the Bank will not be successful in achieving its strategic objectives, the performance and contributions of employees and directors, and other factors. The Bank does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements.