Written agreement with 1st Pacific Bancorp and 1st Pacific Bank

The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 15, 2009. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among 1st Pacific Bancorp, a registered bank holding company, 1st Pacific Bank of California, a state member bank, both of San Diego, California, and the Federal Reserve Bank of San Francisco.

A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System