FISB 1st Capital Bancorp (QX)

MONTEREY, CA--(Marketwired - May 29, 2014) - 1st Capital Bank (OTCQB: FISB) ("Bank") today announced that its Board of Directors declared a 5.00% stock dividend on the Bank's common stock outstanding. The stock dividend is payable on June 30, 2014 to shareholders of record on June 18, 2014. The dividend will be issued in the form of additional shares of common stock. Cash will be issued in lieu of fractional shares. This is the Bank's second stock dividend, following a 2.00% stock dividend that was paid in April 2012.

Commenting on the announcement, Mark Andino, the Bank's President and Chief Executive Officer, stated: "We recognize that community banks in our market area have a longstanding tradition of paying stock dividends. We are pleased to continue that practice with a second and larger stock dividend, and in so doing meet the expectations of our local shareholders. Increasing the number of shares of our common stock outstanding supports the long term liquidity of our shares. The Bank currently has approximately 3.53 million shares of common stock outstanding. The 5.00% stock dividend will therefore add about 175 thousand shares to our capitalization."

Kurt Gollnick, the Bank's Chairman of the Board, added: "The Bank reported record levels of loans, assets, deposits, shareholders' equity, and tangible book value per share at March 31, 2014. In light of the Bank's strong growth over the past year, the Board of Directors concluded it was appropriate to declare a second stock dividend. We much appreciate the ongoing support of our shareholders, a great many of whom are also our clients."

About 1st Capital Bank

The Bank's target markets are commercial enterprises, professionals, real estate investors, family business entities, and residents along the Central Coast Region of California. The Bank provides a wide range of credit products. A comprehensive suite of deposit accounts is also furnished, complemented by robust cash management services. The Bank operates full service branch offices in Monterey, Salinas, and King City. The Bank's corporate offices are located at 5 Harris Court, Building N, Suite 3, Monterey, California 93940. The Bank's website is www.1stCapitalBank.com and the main telephone number is 831.264.4000.

Member FDIC / Equal Opportunity Lender / SBA Preferred Lender

Forward-Looking Statements

Certain of the statements contained herein that are not historical facts are "forward-looking statements" within the meaning of and subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may contain words or phrases including, but not limited, to: "believe," "expect," "anticipate," "intend," "estimate," "target," "plans," "may increase," "may fluctuate," "may result in," "are projected," and variations of those words and similar expressions. All such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that might cause such a difference include, among other matters, changes in interest rates; economic conditions including inflation and real estate values in California and the Bank's market areas; performance and contributions of directors and employees; governmental regulation and legislation; credit quality; competition affecting the Bank's businesses generally; the risk of natural disasters and future catastrophic events including terrorist related incidents and other factors beyond the Bank's control; and other factors. The Bank does not undertake, and specifically disclaims any obligation, to update or revise any forward-looking statements, whether to reflect new information, future events, or otherwise, except as required by law.

This news release is available at the www.1stCapitalBank.com Internet site for no charge.

For further information, please contact: Mark R. Andino President and Chief Executive Officer 831.264.4028 office 831.915.6498 smartphone Mark.Andino@1stCapitalBank.com Or Michael J. Winiarski EVP / Chief Financial Officer & Corporate Secretary 831.264.4014 office 831.747.0007 smartphone Michael.Winiarski@1stCapitalBank.com

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