Market Overview

Opus Bank Expands Its Commercial Banking Team in the South Bay Region of Los Angeles


– Mark W. Hamburg Joins as Senior Managing Director, Senior Client
Manager –

– Carlos Vega Joins as Director, Client Manager –

("Opus") (NASDAQ:OPB) announced today the expansion of its
Commercial Banking team in Los Angeles' South Bay region with the hires
of two senior bankers. Mark Hamburg, a 32-year banking veteran, has
joined Opus as Senior Managing Director, Senior Client Manager, and
Carlos Vega, a 13-year banking veteran, has joined Opus as Director,
Client Manager.

Jim Haney, Executive Vice President, Head of Commercial Banking, stated,
"Mark and Carlos bring a wealth of experience in structuring,
originating, and underwriting asset-based, working capital, commercial
real estate, and syndicated transactions, as well as developing credit
and treasury management solutions for middle-market companies,
entrepreneurs, and business owners. We anticipate that Mark and Carlos
will add to the productivity and success of our Commercial Banking
division in the South Bay as Opus continues to grow its overall
relationship-based commercial banking franchise up and down the West

Stephen H. Gordon, Chief Executive Officer and President of Opus Bank,
commented, "We are pleased to welcome Mark and Carlos to Opus' South Bay
Commercial Banking Team. Both are highly regarded banking veterans, each
possessing a deep understanding of the South Bay region's unique
business climate, as well as years of experience and success providing
tailored financial products, services, and solutions to entrepreneurs,
small businesses, and middle market commercial clients." Mr. Gordon
added, "We're proud to have further bolstered our banker coverage in,
and commitment to, the South Bay, where for over 35 years Opus has held
a strong commercial banking presence. Opus' deep roots in the South Bay
region go back to the founding of Redondo Beach-headquartered Bay Cities
National Bank ("Bay Cities") in 1982, the merger of Bay Cities with
Palos Verdes-based Peninsula National Bank in 1995, and were further
strengthened with our acquisition and capitalization of Bay Cities in
2010, at which time Bay Cities was renamed and Opus Bank was founded."

Mr. Hamburg joins Opus most recently from recently acquired Community
Bank, where from 2014 he served as Regional Vice President for the South
Bay region. While at Community Bank, Mr. Hamburg was focused on
developing new client relationships with small and middle market
privately held companies, and originating working capital lines of
credit, asset-based, owner-occupied commercial real estate, and
equipment loans. From 2007 to 2014, Mr. Hamburg served as Senior Vice
President at State Financial Corporation, where he was responsible for
establishing and growing a portfolio of asset-based loans and middle
market client relationships. From 2005 to 2007, Mr. Hamburg served as
Senior Vice President, Regional Manager at 1st Century Bank,
where he was responsible for opening the bank's new office in the South
Bay, as well as hiring and managing the office's team of commercial
bankers. From 2003 to 2005, Mr. Hamburg served as Senior Vice President,
Loan Team Leader at City National Bank, and was responsible for
developing new client relationships with middle market companies. From
1995 to 2001, Mr. Hamburg served as Senior Vice President, Commercial
Banking Officer with Imperial Bank ("Imperial"), and from 2001 to 2003
in the same capacity with Comerica Bank following its acquisition of
Imperial in January 2001. From 1993 to 1995, Mr. Hamburg served as Vice
President, Business Development Officer with California United Bank,
where he opened the bank's South Bay office, and was focused on
developing new client relationships with middle market companies. From
1990 to 1993, Mr. Hamburg served as Assistant Vice President, Loan
Officer with City National Bank, where he was responsible for analyzing
and structuring new asset-based lending opportunities. Mr. Hamburg began
his banking career in 1985 as a financial auditor. Mr. Hamburg holds a
Bachelor of Science degree in Organizational/Business Management from
California State University, Northridge.

Mr. Vega joins Opus most recently from recently acquired Community Bank,
where from 2014 he served as Vice President, Commercial Relationship
Manager in the South Bay, where he focused on developing depository and
commercial lending relationships, as well as commercial real estate,
C&I, and SBA lending opportunities with small businesses and lower
middle market companies. From 2013 to 2014, Mr. Vega served as Business
Development Officer at Wells Fargo Bank, where he was responsible for
growing a portfolio of lower middle market companies and small
businesses. From 2010 to 2013, Mr. Vega served as a Business Banking
Officer at U.S. Bank, where he was focused on investor-owned and
owner-occupied commercial real estate lending opportunities, and small
business lines of credit, term loans, and equipment financing. From 2007
to 2010, Mr. Vega served as District Manager at Automatic Data
Processing ("ADP"), where he was responsible for growing a portfolio of
business and commercial clients and professional services firms. Mr.
Vega began his banking career with Washington Mutual in 2001, where he
served as Senior Personal Financial Representative. Prior to starting
his banking career, Mr. Vega served as a member of the Army National
Guard, where he rose to the rank of Lieutenant.

Connect with Opus Bank

About Opus Bank

Opus Bank is an FDIC insured California-chartered commercial bank with
$7.2 billion of total assets, $5.1 billion of total loans, and $5.9
billion in total deposits as of June 30, 2018. Opus Bank provides
superior ideas and solutions, and banking products to its clients
through its Retail Bank, Commercial Bank, and Merchant Bank. Opus Bank
offers a suite of treasury and cash management and depository solutions
and a wide range of loan products, including commercial, healthcare,
media and entertainment, corporate finance, multifamily residential,
commercial real estate and structured finance, and is an SBA preferred
lender. Opus Bank offers commercial escrow services and facilitates 1031
Exchange transactions through its Escrow and Exchange divisions. Opus
Bank provides clients with financial and advisory services related to
raising equity capital, targeted acquisition and divestiture strategies,
general mergers and acquisitions, debt and equity financing, balance
sheet restructuring, valuation, strategy and performance improvement
through its Merchant Banking division and its broker-dealer subsidiary,
Opus Financial Partners, LLC, Member FINRA/SIPC. Opus Bank's alternative
asset IRA custodian subsidiary has $14 billion of custodial assets and
over 49,000 client accounts, which are comprised of self-directed
investors, financial institutions, capital raisers and financial
advisors. Opus Bank operates 48 banking offices, including 29 in
California, 16 in the Seattle/Puget Sound region in Washington, two in
the Phoenix metropolitan area of Arizona and one in Portland, Oregon.
Opus Bank is an Equal Housing Lender. For additional information about
Opus Bank, please visit our website:

Forward-Looking Statements

This release may include forward-looking statements related to Opus'
plans, beliefs and goals, which involve certain risks, and uncertainties
that could cause actual results to differ materially from those in the
forward-looking statements. The forward-looking information presented in
this press release is not a guarantee of future events, and actual
events may differ materially from those made in or suggested by the
forward-looking information contained in this press release.
Forward-looking statements generally can be identified by the use of
forward-looking terminology such as "intend" or "expect" or variations
thereon or similar terminology. All such statements speak only as of the
date made, and Opus undertakes no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise.

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