Market Overview

Total Assets Top $75 Million at Endeavor Bank

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San Diego's first new community bank in 10 years continues to grow

Endeavor Bank (OTC:EDVR), having completed its third quarter of
banking operations since opening for business on January 22, 2018,
reported continuing strong loan and deposit growth. Unaudited results as
of the September 30, 2018, reporting date show total assets of $75.1
million compared to $50.3 million at June 30, 2018, an increase of $24.8
million, or 49%. Deposits totaling $52.9 million nearly doubled since
last quarter-end and included $21.3 million in non-interest bearing
demand deposit accounts, making up a healthy 40% of the Bank's deposit
portfolio. Total gross loans grew to $36.5 million at September 30,
2018, more than doubling since the last quarter-end.

Dan Yates, CEO, stated, "After just eight full months of commencing
banking operations, we are very pleased with Endeavor Bank's performance
thus far. Our balance sheet growth is tracking slightly ahead of plan,
and we continue to generate quality originations in both the deposit and
loan portfolios. Having said that, we do want to temper the exuberance
just a bit. Based on the underlying business cycles of some of our
customers, we believe that a portion of our recent deposit growth is
transitory, and we expect it to redeploy off our balance sheet early in
the fourth quarter. Even after deducting these, what we call temporary
deposit fluctuations, our overall deposit growth was still exceptionally
strong for the quarter." Mr. Yates further stated, "We continue to build
our banking platform offering the latest technology, coupled with our
consultative banking approach, to provide tangible value to our business
owner clients."

About Endeavor Bank

Endeavor Bank is primarily owned and operated by San Diegans for San
Diego businesses and their owners. The bank's focus is local: local
decision-making, local board, local founders, local owners, and
relationships with local clients in the San Diego metropolitan market
place and its surrounding areas.

Headquartered in downtown San Diego in the landmark Symphony Towers
building, the bank also operates a loan production office in Carlsbad.
Endeavor Bank offers traditional business banking services across a
broad spectrum of industries and specialties. Unique to the bank is its
consultative banking approach that partners business clients with
Endeavor Bank's senior management. Together, we build strategies and
provide resources that solve problems, plan for the future, and help
clients' efforts to grow revenues and profits. Visit www.bankendeavor.com
for more information.

Forward-Looking Statements

This press release includes "forward-looking statements," as such
term is defined in the Private Securities Litigation Reform Act of 1995.

Forward-looking statements are based on the current beliefs of the
Bank's directors and executive officers (collectively, "Management"), as
well as assumptions made by and information currently available to the
Bank's Management.
All statements regarding the Bank's business
strategy and plans and objectives of Management of the Bank for future
operations, are forward-looking statements.
When used in this
press release, the words "anticipate," "believe," "estimate," "expect"
and "intend" and words or phrases of similar meaning, as they relate to
the Bank or the Bank's Management, are intended to identify
forward-looking statements.
Although the Bank believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will prove
to be correct.
Important factors that could cause actual results
to differ materially from the Bank's expectations ("cautionary
statements") are the loss of key personnel, lower lending limits and
capital than competitors, regulatory restrictions and oversight of the
Bank during its "de novo" phase, the secure and effective implementation
of technology, risks related to the local and national economy, the
Bank's implementation of its business plans and management of growth,
loan performance, interest rates, and regulatory matters, the effects of
trade, monetary and fiscal policies, inflation, and changes in
accounting policies and practices.
Based upon changing
conditions, if any one or more of these risks or uncertainties
materialize, or if any underlying assumptions prove incorrect, actual
results may vary materially from those described as anticipated,
believed, estimated, expected or intended.
The Bank does not
intend to update these forward-looking statements.

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