Written agreement with Pacific Coast National Bancorp

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 10, 2009. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Pacific Coast National Bancorp, San Clemente, California, a registered bank holding company, and the Federal Reserve Bank of San Francisco.

A copy of the Agreement is attached.

Source: Board of Governors of the Federal Reserve System