First Choice Bank donates $ 10,000 in honor of National

CERRITOS, CALIFORNIA, March 5, 2021 (GLOBE NEWSWIRE) – (Nasdaq Capital Markets: FCBP) – First Choice Bancorp, the holding company of First Choice Bank (collectively, “First Choice”), has announced that in honor Today’s National Employee Appreciation Day, First Choice donated $ 10,000 to three nonprofits that help fight hunger in Los Angeles, Orange and San Diego counties.

“Our employees recognize how fortunate we are to have been able to work during the COVID-19 pandemic,” said Robert Franko, President and CEO. “Our wonderful team have spent countless hours and expended a tremendous amount of energy over the past year helping our clients’ businesses to survive. In honor of their dedication to helping others and on behalf of each of our employees, First Choice has donated to local organizations that work hard to help others who have not been so fortunate.

The three charities, each receiving a donation of $ 3,333, include the Los Angeles Regional Food Bank (https://www.lafoodbank.org/about/) in Los Angeles County; Food seekers (www.foodfinders.org) in Orange County; and the Jacobs and Cushman Food Bank in San Diego (https://sandiegofoodbank.org/) in San Diego County.

First Choice President Peter Hui said, “From the very beginning, one of First Choice Bank’s core values ​​has been to serve our communities and give back to those less fortunate in our neighborhoods. We are so proud of the selflessness our employee partners have shown, especially during the pandemic. Lisa Hoffmaster, Director of Fund Development at Food Finders, added, “We are honored that First Choice Bank employees have chosen to use National Employee Appreciation Day to recognize others in need and to make a difference. donation to our organization. It is the dedicated employees like those of First Choice who make the partnerships Food Finders has in the business world possible. “

About First Choice Bancorp

First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder and registered banking holding company of First Choice Bank. As of December 31, 2020, First Choice Bancorp had total consolidated assets of $ 2.28 billion. First Choice Bank, also based in Cerritos, Calif., Is a community-based financial institution that primarily serves business and consumer clients in various communities and specializes in loans to small to medium-sized businesses and to private banking clients, loans commercial and industrial; and commercial real estate loans. First Choice Bank is a Small Business Administration (SBA) preferred lender. First Choice Bank operates through eight full-service branches and two loan production offices located in Los Angeles, Orange and San Diego counties. Founded in 2005, First Choice Bank has quickly grown into a leading provider of financial services that enable our clients to grow, maintain their strength and achieve their business goals. We strive to exceed our customers’ expectations through our efficiency, personalized services, financial solutions and professionalism and we are committed to being “first in speed, service and solutions”. First Choice Bank is a strong believer in social justice and equality and prides itself on its culturally and gender diverse workforce. As of December 31, 2020, over 74% of the Company’s total workforce were identified as belonging to ethnic minorities and over 66% of its workforce and over 50% of its senior executives were identified as women. The shares of First Choice Bancorp are traded on the Nasdaq Capital Market under the symbol “FCBP”.

The First Choice Bank website is www.FirstChoiceBankCA.com.

FORWARD-LOOKING STATEMENTS

Statements contained in this document that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on the current expectations and beliefs of management regarding future developments and their potential effects. about the Company, including, without limitation, plans, strategies and objectives, and statements about the Company’s expectations regarding revenue and asset growth, financial performance and profitability, loan and deposit growth , yields and returns, loan diversification and credit management, creation of shareholder value and tax rates. There can be no assurance that future developments affecting the Company will be the same as those anticipated by management. Actual results may differ materially from those stated in forward-looking statements due to various factors, including risk factors described in documents filed by the Company with the Securities and Exchange Commission.

The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect unforeseen events or circumstances after the date of such statements, except as required by law. All statements regarding future results of operations, such as those regarding the growth and dilution of the Company’s earnings or shareholders, are provided for guidance only, are not forecasts and actual results may differ.

CONTACT

First Choice Bancorp
Robert M. Franko, 562.345.9241
President, Chief Executive Officer and Chief Financial Officer

First Choice Bancorp
Khoi D. Dang, 562.263.8336
Executive Vice President and General Counsel

Bank of choice
Mag Wangsuwana, 562.263.8340
Senior Vice President and Chief Financial Officer

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