Seacoast Commerce Bank Announces the Hiring of Viboun “Tooney” Thepsoumane, SVP and SBA Business Development Officer, Austin, Texas

SAN DIEGO, April 03, 2017 -- Seacoast Commerce Bank, a wholly-owned subsidiary of Seacoast Commerce Banc Holdings (OTC Pink:SCBH) today announced the hiring of Viboun “Tooney” Thepsoumane as Senior Vice President and Small Business Administration (“SBA”) Business Development Officer, who will be located in the bank’s new Austin, Texas, loan production office.  Mr. Thepsoumane has over 17 years of SBA and commercial banking experience working with small businesses to facilitate the acquisition, development, and refinance of their commercial real estate properties.  Mr. Thepsoumane has focused on helping small businesses located throughout the state of Texas, but with emphasis in the Austin and San Antonio markets.  Mr. Thepsoumane is a graduate of Texas A&M and was most recently with Fidelity Bank in Austin, Texas, in a similar position.

“Tooney is a great addition to our SBA Team and will enhance our presence and success in the state of Texas, complimenting our Dallas and Houston loan production offices.  He has advocated for small businesses throughout his career and has been an outstanding producer of SBA loans, specifically for small business owners who want to buy, construct, or refinance their own facility,” stated David H. Bartram, Executive Vice President, Chief Operating Officer, and SBA Division Manager.  Tooney can be reached by email at [email protected] or at (512) 975-2342 office or (512) 565-8617 mobile.

About Seacoast Commerce Banc Holdings:  Seacoast Commerce Banc Holdings is a bank holding company with one wholly-owned banking subsidiary, Seacoast Commerce Bank.  Both the holding company and the bank are headquartered in San Diego, California, with the Bank having full-service banking branches in San Diego, Chula Vista, and Glendale, California, and production offices in San Diego, Orange County, Los Angeles, Sacramento and San Ramon, California; Phoenix, Arizona; Denver, Colorado; Portland, Oregon; Las Vegas and Reno, Nevada; Austin, Dallas and Houston, Texas; and Bellevue, Washington.  For more information on Seacoast Commerce Banc Holdings, please visit www.scbholdings.com; to learn more about Seacoast Commerce Bank, visit 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, Chief Operating Officer, 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.