News
News Home






Bridge Bank to Expand its East Bay Loan Office
East Bay Loan Office to Move to Pleasanton, California

San Jose, CA – July 11, 2006 – Bridge Capital Holdings (NASDAQ: BBNK), whose sole subsidiary is Bridge Bank, National Association, one of the fastest-growing full-service business banks in California and the Nation, today announced the pending move and expansion of its East Bay loan production office. 

The Bank recently signed a lease and will plan to move from its current location in San Ramon to 6601 Koll Center Parkway, Suite 135, Pleasanton, California sometime this July. 

“The East Bay business community has warmly accepted Michael Hengl and his team of professional business bankers,” said Daniel P. Myers, President and Chief Executive Officer of Bridge Capital Holdings and Bridge Bank.  “Our success and growing client base in the East Bay requires us to expand to larger quarters.”

Bridge Bank’s East Bay lending team is led by banking industry veteran Michael Hengl who opened the original office nearly one year ago.  The office caters to small and middle-market companies and emerging businesses located in the broader East San Francisco Bay markets, extending from Concord to Tracy to Fremont, including the Tri-Valley communities of San Ramon, Pleasanton, and Livermore.  This office will also serve as a Small Business Administration loan production office.

Committed to the business community, Bridge Bank is a current member of the Danville Area Chamber of Commerce, the Livermore Chamber of Commerce, and the Pleasanton Chamber of Commerce.   

With the move of the East Bay office to larger quarters, Bridge Bank has a presence in ten business markets throughout California and the Central Region of the U.S.  The Bank operates two full service commercial banking offices in San Jose and Palo Alto, a commercial loan production office in the East Bay, a construction loan production office in Redwood City, a technology loan production office in Dallas, Texas, two Small Business Administration loan production offices located in Sacramento and Fresno, and three SBA sales representatives in the Bakersfield, Orange County, and San Diego business communities.

Bridge Capital Holdings reported total assets at March 31, 2006 of $567 million and earnings of $1.9 million, or $0.29 per fully diluted share.  Bridge Capital Holdings stock is listed on The NASDAQ Stock Market under the trading symbol BBNK.

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.

Forward Looking Statements

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