San Diego Trust Bank Announces Record 2012 Financial Results

“We are once again pleased to be able to report such results to our shareholders despite the many challenges our industry faces, including continued pressure on margins, lackluster economic growth, and the increased regulatory burden,” commented Michael Perry, Chairman, President and CEO. “We have not waivered from our original strategic plan and remain committed to responsibly building the finest community bank in San Diego. We recognize and appreciate the tremendous support so many San Diegan’s throughout the county have shown, and will continue to put forth our very best efforts on their behalf,” he concluded.

Asset quality at the Bank remains exceptional with zero past due or non-accrual loans reported as of December 31, 2012. Liquidity, defined as cash, due from banks, and investment securities, was a record $195.1 million as of December 31, 2012.

As of December 31, 2012 the Bank’s Total Risk Based Capital ratio of 29.70% was among the highest in the nation for banks of similar size, and almost three times the amount needed to be considered “well-capitalized” by regulatory definition. San Diego Trust Bank has never applied for any tax-payer funded government assistance.

The Bank’s actual capital ratios as of December 31, 2012 are summarized as follows:

				Well-Capitalized Standards				San Diego Trust Bank
Tier 1 Leverage Ratio				5.00%				9.70%
Tier 1 Risk-Based Capital Ratio				6.00%				28.40%
Total Risk-Based Capital Ratio				10.00%				29.70%

And for the 26 ^th consecutive quarter, San Diego Trust Bank was designated as a “Five-Star” institution by Bauer Financial - a feat unmatched by any other Bank in San Diego County.

Founded by several of San Diego’s most respected banking veterans and business leaders, San Diego Trust Bank is dedicated to the timeless principles of superior local market knowledge, unparalleled service, and building exceptional shareholder value. With over four hundred years of experience in banking San Diegans, timely local decision making, and one of the most comprehensive product lines found in the market today, San Diego Trust Bank delivers “Performance You Can Trust.”

San Diego Trust Bank common stock is traded on the Over-the-Counter Exchange under the symbol “SDBK”. For information on the company’s stock please contact our primary market maker, Mr. Richard Levenson, President of Western Financial Corporation at [phone].

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