CalPrivate Bank Appoints Veteran Credit Executive as Acting Chief Credit Officer

LA JOLLA, Calif., July 07, 2026 (GLOBE NEWSWIRE) - Private Bancorp of America, Inc. (OTCQX:PBAM), (the “Company”) and CalPrivate Bank (the “Bank”) today announced that Andrew Meitzen has resigned from the position of Chief Credit Officer, effective July 3, 2026. The Bank thanks Andrew for his dedicated service and valuable contributions to the Bank’s credit management team. There was no dispute between the Company or the Bank and Mr. Meitzen that led to his resignation. CalPrivate Bank remains committed to continuing to serve clients while responsibly growing and managing the credit function efficiently and effectively. To ensure continuity and stability within the Bank’s credit operations, CalPrivate Bank is pleased to announce that Robert “Bob” Dyck will join the organization as Acting Chief Credit Officer, beginning July 8, 2026. Mr. Dyck brings extensive experience to CalPrivate Bank, having served as a Chief Credit Officer for multiple large regional banks throughout his