First Private Bank & Trust Announces Appointment of Brian Shapiro as Chairman of the Board

Three Additional New Members also Appointed to Board of Directors
LOS ANGELES--(Business Wire)--
First Private Bank & Trust today announced the elevation and appointment of
Brian Shapiro to Chairman of its Board of Directors, and also announced the
election of three new Board members. Mr. Shapiro, a Board member since 2008,
brings extensive corporate experience and wealth and tax management expertise to
the chairman position. The additional three individuals joining the Board are
William Shea, Thomas Evans and Doug Stewart, all of whom possess extensive
leadership experience within the service and banking industries.

"We are very pleased to appoint Brian as head of our Board. As an acting Board
member, Brian has brought valuable leadership and market knowledge to First
Private," said outgoing Board Chairman Jonathan H. Parker. "We look forward to
the leadership and market insight he will provide for First Private in this new
position."

V. Charles Jackson, CEO & President also commented, "We are very pleased about
the recent addition of three new members to our Board, William Shea, Thomas
Evans and Doug Stewart. Each of these individuals has an impressive management
background across a variety of industries and we are confident they will bring
important expertise and perspective to the First Private Board as it looks to
navigate through this challenging period for the banking sector and emerge
positioned for success."

"I am very excited to have the opportunity to take on the role of Chairman of
the Board for First Private," said Mr. Shapiro. "During my time on the Board I
have watched this bank make a succession of strong strategic moves in an
extremely tough time for banks, and I feel that the future holds a great deal of
opportunity for First Private and its customers in Southern California."

About Brian Shapiro

Mr. Shapiro has been a member of the First Private Board of Directors since
April 2008. He is a CPA with over 30 years of experience, and is the managing
partner of The Shapiro Group, a firm whose practice specializes in strategic
planning for taxes, investments and business decisions of individuals, pass-thru
entities and corporations. Prior to forming The Shapiro Group he served as Tax
Manager for Arthur Young & Company, where he was designated a national firm
specialist for securities transactions and investment planning.

About William Shea

Mr. Shea is currently Executive Chairman of Lucid, Inc. a manufacturer of
non-invasive skin biopsy equipment. He was a managing partner of DLB Capital,
LLC, a start-up private equity company located in Wilton, Connecticut until
December 2007. He served as Executive Chairman of Royal & Sun Alliance USA, Inc.
from 2005 to 2006. Mr. Shea served as President and Chief Executive Officer of
Conseco, Inc. from 2001 to 2004, where he successfully managed that firm`s
restructuring process. Prior to joining Conseco, Mr. Shea served as Chairman of
the Board for Centennial Technologies, a public manufacturing company.

About Thomas Evans

Mr. Evans is the retired President and CEO of Pacific Coast Bankers Bank and has
more than 25 years of financial services experience. He has held a number of
senior level positions with management expertise in sales, marketing and credit
administration for some of the nation`s largest regional and national banks. Mr.
Evans also served in the U.S. Armed Forces for 32 years reaching the rank of
Colonel. He was recalled to active duty during operation "Desert Storm" in 1990
and led a team that assisted with the mobilization of Army Reserve units
throughout California, Arizona, and Nevada.

About Doug Stewart

Mr. Stewart is the retired Chief Administrative Officer and Board member of
Colorgraphics, Inc., the largest commercial printing company on the West Coast
of the United States before its acquisition by Cenveo Corporation in 2007. He
has more than 30 years of financial services experience with some of
California`s largest banks including significant executive level expertise in
retail and commercial banking, marketing, and risk management. He specializes in
business unit turn-arounds, start-ups, and mergers and acquisitions.

About First Private Bank & Trust

First Private Bank & Trust is a provider of customized private banking and
wealth management solutions to high net worth individuals and privately owned
businesses. First Private Bank & Trust has offices in Burbank, Encino, Granada
Hills, Santa Monica, and Westlake Village. It is a member of the Boston Private
Wealth Management Group with more than $30 billion in managed client investments
and $6 billion in banking assets.

First Private Bank & Trust
Jim Caringi, 818-501-1764
Senior Vice President
jcaringi@1stprivate.com

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