Premier Commercial Bancorp Announces Quarter and Year-to-Date Earnings

Premier Commercial Bank Chairman and CEO Kenneth J. Cosgrove stated, "Based upon new standards in the banking industry and the overall economic climate, accelerating reserves for possible loan losses is prudent. While a careful review of our existing loan portfolio gives us confidence that individual loans are well collateralized, are resolvable and adequately reserved for, management has determined that the bolstering of the overall reserve is in the best interest of the Company and its shareholders."

As of September 30, 2009, on a consolidated basis, total assets were $404 million, increasing from $389 million for the same period last year; total deposits totaled $306 million, down slightly from $332 million at September 30, 2008. Net loans reflected modest growth, increasing from $335 million at September 30, 2008 to $343 million at September 30, 2009. Shareholders' equity at September 30, 2009 stood at $38 million, representing a strong, well-capitalized position.

Premier Commercial Bank President and COO Ash Patel indicated, "The fortress-like balance sheet that we possess has allowed us to remain focused on current client needs and develop new relationships. Our stability has proven attractive to many new relationships as our staff continues to meet and exceed their expectations."

Cosgrove added, "Core revenues showed strong improvement through nine months. Earnings prior to tax, loan loss allocation and the special FDIC assessment imposed on all banks, totaled $4.214 million as compared to $2.373 million for the same period last year representing a 177% increase. Our commitment to the fundamentals of a solid and proven business plan position us well to participate in the economic recovery when it occurs."

About Premier Commercial Bancorp

Premier Commercial Bancorp is a registered bank holding company based in Anaheim, Calif. Premier Commercial Bank, a wholly owned subsidiary of Premier Commercial Bancorp, is a full-service bank specializing in small- to medium-size businesses, professionals, entrepreneurs and hospitality industry clients. Launched in November 2001, Premier Commercial Bank is the only independent bank with headquarters in Anaheim. For further information, call 714-978-2400 or visit the Web site at http://www.pcboc.com/.

Cautionary Statement: Certain matters discussed in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon current management expectations and, therefore, are subject to certain risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed, suggested, or implied by the forward-looking statements. Forward-looking statements are effective only as of the date that they are made, and Premier Commercial Bancorp assumes no obligation to update this information. In addition, these forward-looking statements, and Premier Commercial Bancorp's business, are subject to the risk factors described in the filings of Premier Commercial Bancorp with the Securities Exchange Commission.

Premier Commercial Bancorp
Kenneth J. Cosgrove, Chairman
714-978-2400