Southwest Community Bank Expands Its SBA Lending Program

Southwest Community Bank Expands Its SBA Lending Program



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CARLSBAD, Calif.–(HISPANIC PR WIRE – BUSINESS WIRE)–Sept. 15, 2003–Southwest Community Bancorp (OTCBB:SWCB), parent company of Southwest Community Bank reported today that the bank has hired Van Keshish as senior vice president, SBA Sales Manager. He will operate from the bank’s recently approved SBA Loan Production Office in Glendale, Calif. and will oversee the bank’s SBA loan originations in the greater Los Angeles area.

Keshish has an extensive 15 year background in SBA lending specializing in commercial real estate and business loans. He has worked with other business banks in Southern California including most recently Wilshire State Bank.

Frank J. Mercardante, president & CEO, said, “We are delighted to have someone of Van’s background and experience join the Southwest team. He will be instrumental in assisting us achieve our business objectives in the coming years.”

Stuart F. McFarland, executive vice president and chief credit officer for the bank, said, “Van will join our award winning team of SBA professionals, including Senior Vice President and Division Manager Dennis Stytz, who have helped the bank achieve significant status in the local marketplace over the past few years. With Van’s expertise, we are now prepared to expand our SBA activities into adjoining markets.”

Southwest Community Bancorp operates Southwest Community Bank, a San Diego County-headquartered, full service community bank with branches in Carlsbad, Encinitas, San Diego, Escondido, El Cajon, Murrieta and Anaheim, Calif. The company is also the majority owner of Financial Data Solutions Inc., a full service data processing services company with processing centers in Murrieta, El Monte and San Leandro, Calif. Shares of the company’s common stock are traded on the OTC Bulletin Board under the symbol SWCB. For more information, visit our Web site at http://www.swcbank.com.

Forward-Looking Comments: The statements contained in this release that are not historical facts are forward-looking statements based on management’s current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting the company will be those anticipated by management. Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve risks and uncertainties.

–30–JV/sd*

CONTACT:

Southwest Community Bancorp

Frank J. Mercardante, 760-918-2620

Southwest Community Bank Expands Its SBA Lending Program