PRESS RELEASE

Thursday, February 7, 2013

Chico, Ca – Northern California National Bank (OTCBB: NCNB.OB), reported a strong 2012 fiscal year-end by earning pre-tax net income of $1,140,000 for the year ended December 31, 2012 compared to pre-tax net income of $852,000 for the year ended December 31, 2011 an increase of $288,000 or 33.8%.  The Net income after taxes was $708,000 in 2012 and $498,000 in 2011, an increase of $210,000 or 42.2%. 

Net interest income was $3.069 million for the year ended December 31, 2012 which was an increase of approximately $217,000 or 7.6% from the $2.852 million net interest income for the year ended December 31, 2011.  Non-interest income increased $83,000 or 46.7% from $179,000 in 2011 to $262,000 in 2012.

As of December 31, 2012 the total assets of the Bank were $126.4 million.  This is a $15.9 million or 14.4% increase from the December 31, 2011 balance of $110.5 million.  Gross loans were $49.2 million at December 31, 2012 which is an $11.6 million or 30.9% increase from the December 31, 2011 balance of $37.6 million.  Cash and investments balances were $74.7 million at December 31, 2012 which was a $4.5 million or 6.4% increase from the prior-year balance of $70.2 million.  Deposits increased $21.8 million or 24.5% from $89.1 million at December 31, 2011 to $110.9 million at December 31, 2012. 

 “We are very pleased to report that Northern California National Bank continues to grow and operate in a very safe and sound manner.” said Chairman/President and CEO John Lucchesi.  “We are also proud to report that the Bank paid its first cash dividend to its shareholders in 2012.  We encourage people from the community to come in to our Bank and experience our superior service.”

Northern California National Bank is a locally owned and operated bank servicing the needs of the businesses and individuals in Northern California.  The Bank has a full service branch in Chico, CA.  For more information call (530) 879-5900 or visit the website at www.norcalbank.com.

Market Makers for Northern California National Bank Stock

There are several market makers for Northern California National Bank stock, including McAdams Wright Ragen.  For more information regarding buying and selling our stock, contact your brokers or Joey Warmenhoven at the phone number or address below:

Joey Warmenhoven
Senior Vice President
Community Bank Specialist
1211 SW 5th Ave, Suite 1400
Portland, OR 97204
503-922-4888
866-662-0351
503-922-4885 fax
jwarmenhoven@mwrinc.com