Bank of San Francisco to webcast live at VirtualInvestorConferences.com on September 22

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Virtual conferences for investors

Bank of San Francisco invites individual and institutional investors, as well as advisors and analysts, to attend real-time interactive presentations at VirtualInvestorConferences.com

SAN FRANCISCO, Sept. 20, 2022 (GLOBE NEWSWIRE) — Bank of San Francisco (OTCQX: BSFO), a forward-thinking community bank serving businesses, nonprofits and individuals, today announced that its general manager, Ed Obuchowski; President, Wendy Ross; Executive Vice President and Chief Financial Officer; Jennifer Corr, executive vice president and director of corporate banking; Felix Miranda; and Vice President and Chief Marketing Officer, Leslie Katter, will present live on VirtualInvestorConferences.com on September 22, 2022.

DATE: September 22, 2022
TIME: 10:00 a.m. PDT (1:00 p.m. EDT)
LINK: https://bit.ly/3oTs1LK

It will be a live, interactive online event where investors are invited to ask questions of the company in real time. If attendees cannot join the live event on the day of the conference, an archived webcast will also be available after the event.

Investors are recommended to pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com.

Bank of San Francisco June 30, 2022 quarter-end highlights:

  • 15% loan growth, excluding Paycheck Protection Program (PPP) loans, starting June 30, 2021; PPP loans decreased by $111 million and non-PPP loans increased by $63 million from June 30, 2021

  • Total deposits rose to $570 million; relationship-based deposits increased $66 million, or 12%

  • Quarterly net income of $1,731,000, including $482,000 in PPP loan fees and interest income

  • Equity increased to $59 million

  • Book value per common share increased to $28.20

  • Return on average equity (ROAE) of 11.91% for the three months ended June 30, 2022

  • Return on average assets (ROAA) of 1.14% for the three months ended June 30, 2022

About Bank of San Francisco
Headquartered in San Francisco, Bank of San Francisco is a progressive community bank that reflects the best of San Francisco and Bay Area culture – flexible, entrepreneurial and forward-thinking. We are a local, largely community-owned bank serving Bay Area businesses, nonprofits, individuals and families. Bank of San Francisco delivers personalized, high-quality service with agility and accountability. Our team is as diverse as the community we serve, allowing us to understand the unique needs and goals of our clients. We invite you to learn more about Bank of San Francisco and join our family of successful, community-minded customers. For more information about Bank of San Francisco, please call us at (415) 744-6700, or visit us at www.bankofsf.com. Bank of San Francisco is a member of the FDIC and is an Equal Housing Lender.

Forward-looking statement
This press release contains certain forward-looking statements that involve risks and uncertainties, including statements relating to our expected growth. Forward-looking statements are those that are not statements of historical fact and can be identified by the use of the words “believe”, “expect”, “intend”, “anticipate”, “plan”. , “estimate”, “project”, or similar expressions. These statements are based on current expectations, estimates and projections about Bank of San Francisco’s business, based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties may affect Bank of San Francisco’s operations, performance, development, growth projections, capital requirements and results of business and include, but are not limited to, local economic conditions. and national, interest rate fluctuations, changes in the financial performance and/or condition of our loan and deposit customers, changes in levels of performing and non-performing assets and charges, the implementation in a timely manner by Bank of San Francisco of technological improvements to its products and operating systems, the impact of products, services and pricing, acts of war or terrorism or natural disasters, such as earthquakes land, customer requirements and preferences, federal, state, and local legislation and regulatory developments, the ability to retain or increase share of market, to maintain or develop customer relationships and to control expenses, changes in regulatory or generally accepted accounting principles and other similar matters. Readers are cautioned not to place undue reliance on forward-looking statements, which are subject to the influence of the aforementioned risk factors and unforeseen future events. Therefore, actual results may differ materially from management’s expectations. Bank of San Francisco assumes no obligation to update these forward-looking statements, except as required by law.

About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading exclusive investor conference series that provides an interactive forum for publicly traded companies to pitch directly to investors.

Providing a real-time investor engagement solution, VIC is uniquely designed to provide companies with more efficient access to investors. Replicating the components of an onsite investor conference, VIC provides companies with enhanced capabilities to connect with investors, schedule targeted one-on-one meetings, and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences deliver top-notch investor communications to a global network of retail and institutional investors.

CONTACTS:
Bank of San Francisco
Leslie Katter
Vice President, Marketing Director, Investor Relations and Liaison Director
(415) 517-4012
[email protected]

Virtual conferences for investors
John M. Viglotti
SVP, Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
[email protected]

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