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Press Release
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Tamalpais Bank Names New Manager For Downtown San Rafael Branch Veteran Marin County Banker Heads 851 Irwin Street Location San Rafael, CA - August 1, 2007 - Patricia Estebes, who has nearly a decade of Marin County banking experience, has been named branch manager for the Tamalpais Bank branch at 851 Irwin Street in downtown San Rafael, it was announced today by Mark Garwood, CEO/ president. The branch, one of seven Tamalpais Bank locations in Marin County, is a full-service operation, providing home loans, money market funds, personal and business checking accounts, certificates of deposit (CDs), financial literacy programs as well as the TamBuck$ for Kids Savings Account. Tamalpais Bank is a subsidiary of Epic Bancorp (NASDAQ: EPIK) which is also the parent company of Epic Wealth Management. “Patricia has an extensive banking background,” said Garwood, “and brings a thorough knowledge of Marin County to the job. Her experience will be invaluable to our customers as we continue to expand our services and to increase our participation in community activities. ”Tamalpais Bank, the primary underwriter of the annual Heart of Marin Awards, has also been designated as a “green” bank by Marin County, the only Marin bank to have achieved that distinction for its headquarters and all of its branch locations. “In addition to my knowledge of Marin County,” Estebes said, “the fact that I speak Spanish is important as we continue to reach out to the Hispanic community with our programs and services.” A graduate of California State University at Long Beach, Estebes holds a Bachelor of Arts degree in business management. She joins Tamalpais Bank from Wells Fargo Bank where she was a customer service manager. Previously, she was a manager at Westamerica Bank in San Rafael. About Epic Bancorp Epic Bancorp (www.epicbancorp.com), based in San Rafael, CA, is the parent company of Tamalpais Bank and Epic Wealth Management. The Company had $522 million in assets and $370 million in deposits as of June 30. Shares of the Company's common stock are traded on the NASDAQ Capital Market System under the symbol EPIK. For additional information, please contact Mark Garwood at 415-526-6400. About Tamalpais Bank Tamalpais Bank, a wholly owned subsidiary of Epic Bancorp, operates seven branches in Marin County and a loan production office in Santa Rosa. The branches are located in Corte Madera, Greenbrae, Mill Valley, San Anselmo, downtown San Rafael, Terra Linda and Tiburon/Belvedere. For additional information, please contact Mark Garwood at 415-526-6400. About Epic Wealth Management Epic Wealth Management specializes in helping clients of Tamalpais Bank and other high net worth families reach their lifetime financial goals through a collaborative, comprehensive and education-oriented approach to investment management. For additional information about Epic Wealth Management, please call 415-526-4300. This news release contains forward-looking statements with respect to the financial condition, results of operation and business of Epic Bancorp and its subsidiaries. These include, but are not limited to, statements that relate to or are dependent on estimates or assumptions relating to the prospects of loan growth, credit quality, changes in securities or financial markets, and certain operating efficiencies resulting from the operations of Tamalpais Bank and Epic Wealth Management . These forward-looking statements involve certain risks and uncertainties. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, among others, the following possibilities: (1) competitive pressure among financial services companies increases significantly; (2) changes in the interest rate environment reduce interest margins; (3) general economic conditions, internationally, nationally or in the State of California are less favorable than expected; (4) legislation or regulatory requirements or changes adversely affect the businesses in which the consolidated organization is or will be engaged;(5) the ability to satisfy the requirements of the Sarbanes-Oxley Act and other regulations governing internal controls; (6) volatility or significant changes in the equity and bond markets which can affect overall growth and profitability of our wealth management business, and (7) other risks detailed in the Epic Bancorp filings with the Securities and Exchange Commission. When relying on forward-looking statements to make decisions with respect to Epic Bancorp, investors and others are cautioned to consider these and other risks and uncertainties. Epic Bancorp disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments. |