Return to Index

Tim Boothe Named Chief Operating Officer of Bridge Bank
Silicon Valley Business Banker to Manage Daily Operations of Fast Growing Business Bank
San Jose, CA – October 6, 2006 – Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, one of the fastest-growing full-service business banks in California and the Nation, announced today that it has promoted Tim Boothe to the position of Executive Vice President and Chief Operating Officer of the Bank.  Mr. Boothe is a founding executive officer of the bank and has served as its Chief Lending Officer.

“Tim has done an outstanding job of quickly building a high quality and profitable loan portfolio for the Bank,” said Daniel P. Myers, President and Chief Executive Officer of Bridge Capital Holdings and Bridge Bank.  “It is now time to utilize his considerable skills in managing all operations of Bridge Bank as we continue to grow the Company.”

In his new capacity as Chief Operating Officer of Bridge Bank, Mr. Boothe will be responsible for the marketing, sales, structuring, and delivery of banking products and services to small and middle market, and emerging growth businesses in the markets that the Bank serves.  He will supervise the daily operational efforts of deposit growth, loan production and underwriting, product and service pricing, net interest margin maintenance, operating expense management, and overall bank profitability.

“I look forward to taking on my new responsibilities at Bridge Bank and I am excited to help lead its continued growth and success.” said Mr. Boothe. 

Mr. Boothe joined the Bank in December 2000, prior to its opening in May 2001.  Before joining Bridge Bank, Mr. Boothe was a Senior Vice President and Commercial Team Leader with Heritage Bank of Commerce in San Jose.  Preceding Heritage Bank of Commerce, Mr. Boothe spent six years in progressively senior positions at Comerica Bank-California in the San Jose and Oakland offices, including the positions of Assistant Group Manager, Loan Administration Officer, and Corporate Banking Officer.  Mr. Boothe began his banking career in early 1990 in a training program as Credit Analyst and Management Trainee with Plaza Bank of Commerce.

Mr. Boothe is a graduate of the University of California, Santa Barbara.  He is a member of the Robert Morris Associates, a national association of credit professionals, and is a graduate of Pacific Coast Banking School through the University of Washington.

Bridge Bank, headquartered in Silicon Valley, has a presence in nine business markets throughout California and the Central Region of the U.S.  The Bank operates full-service commercial banking offices in San Jose and Palo Alto, a commercial and SBA loan production office in the East Bay, a construction loan production office in Redwood City, a technology loan production office in Dallas, Texas, a Small Business Administration loan production office in Sacramento and Fresno, and two Small Business Administration loan sales representatives in the Orange County and San Diego business markets.

About Bridge Capital Holdings

Bridge Capital Holdings is the holding company for Bridge Bank, National Association.  Bridge Capital Holdings was formed on October 1, 2004 and is listed on The NASDAQ Stock Market under the trading symbol BBNK.  Visit Bridge Capital Holdings on the web at www.bridgecapitalholdings.com.

About Bridge Bank, N.A.

Bridge Bank, N.A. is Silicon Valley’s full-service professional business bank. The bank is dedicated to meeting the financial needs of small and middle market, and emerging technology businesses in the Silicon Valley, Palo Alto, Redwood City, Sacramento, San Ramon-Pleasanton, San Diego, Bakersfield, Fresno, Orange County, and Dallas, TX business communities.  Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers.  Visit Bridge Bank on the web at www.bridgebank.com.

Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements describe future plans, strategies, and expectations, and are based on currently available information, expectations, assumptions, projections, and management's judgment about the Bank, the banking industry and general economic conditions. These forward looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward looking statements.

These risks and uncertainties include, but are not limited to: (1) competitive pressures in the banking industry; (2) changes in interest rate environment; (3) general economic conditions, nationally, regionally, and in operating markets; (4) changes in the regulatory environment; (5) changes in business conditions and inflation; (6) changes in securities markets; (7) future credit loss experience; (8) the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control; (9) civil disturbances or terrorist threats or acts, or apprehension about the possible future occurrences of acts of this type; and (10) the involvement of the United States in war or other hostilities.

The reader should refer to the more complete discussion of such risks in Bridge Capital Holding's annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the SEC.

To print or save a pdf version of this press release please click here to download

You need Acrobat Reader to view these pdf files. Download a free version Here.

To save a .pdf file for off-line viewing, please right click on a link, and choose:

'Save Link As' in Netscape
'Save Target As' in Internet Explorer

Top of page