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Seacoast Commerce Bank Announces the Hiring of Jim Wilkie and the Opening of SBA Loan Production Office in Houston, Texas

SAN DIEGO, CA -- (Marketwire) -- 02/12/13 -- Seacoast Commerce Bank (OTCQB: SCCB) today announced the opening of its 11th Small Business Administration ("SBA") Loan Production Office, located in Houston, Texas, and the hiring of Jim Wilkie, Senior Vice President, SBA Business Development Officer, to manage the new office. Mr. Wilkie is a CCIM and has over 20 years of banking experience, predominantly in commercial real estate and SBA lending -- all in the Greater Houston market.

"Jim is a great addition to our SBA Team and provides the bank with its second Texas LPO. The bank also has an LPO in the greater Dallas area. Jim and I have worked together in the past and very much look forward to working together again. Jim has been an advocate for small business throughout his career and has been an outstanding producer of SBA loans, specifically for the small business owners who wants to buy, construct, or expand their own facility," stated David H. Bartram, Executive Vice President and SBA Division Manager. Jim can be reached by e-mail at [email protected] or at (281) 660-0777.

Seacoast Commerce Bank is a business bank operating in San Diego, California, with loan production offices in San Diego County, Orange County, Los Angeles, San Ramon and Sacramento, California; Bellevue, Washington; Phoenix, Arizona; Salt Lake City, Utah; Las Vegas, Nevada; Dallas and Houston, Texas. For more information on the bank please visit our website at www.sccombank.com or contact Richard M. Sanborn, President and Chief Executive Officer at 858-432-7001. For more information on Seacoast Commerce Bank's SBA lending platform, please contact David H. Bartram, Executive Vice President and SBA Division Manager at 858-432-7002.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business, and the intent, belief or current expectations of the Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such "forward-looking" statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank's performance and regulatory matters.

David H. Bartram
Executive Vice President and SBA Division Manager

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