Los Angeles Banker Lora Wong Joins Torrey Pines Bank as Senior Vice President

LAS VEGAS--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE:WAL) announced today that its southern California subsidiary, Torrey Pines Bank, has hired Lora Wong as Senior Vice President in its new Los Angeles/Orange County division.

Wong was formerly with California Bank & Trust where she was Vice President/Relationship Manager in the banks Los Angeles Metro Office since 1998 and has over 15 years of banking experience in downtown Los Angeles specializing in the commercial, nonprofit organization and attorney markets.

We are extremely pleased to have Lora join our expansion in Los Angeles, said Robert Sarver, Chairman and CEO of Western Alliance. Lora is a top performing banker and is highly regarded by the LA business community and her peers. She will be a great asset in taking advantage of the opportunities in the Los Angeles market.

Wong moved to Los Angeles in 1976 from Taiwan and is a graduate of the University of Southern California. Im looking forward to being a part of the growth opportunities in this region and its exciting for me to have the pleasure to work with this very experienced banking staff and management, said Wong.

Torrey Pines Bank was founded in 2003 and has assets of $755 million with seven offices in San Diego, La Mesa, Kearny Mesa and Carlsbad.

About Western Alliance Bancorporation

Western Alliance Bancorporation is the parent company of Bank of Nevada, First Independent Bank of Nevada, Alliance Bank of Arizona, Torrey Pines Bank, Alta Alliance Bank, Miller/Russell & Associates, Shine Investment Advisory Services, Premier Trust, and PartnersFirst. These dynamic organizations provide a broad array of banking, leasing, trust, investment, and mortgage services to clients in Nevada, Arizona and California, investment services in Colorado, and bank card services nationwide. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers' needs than larger institutions. Additional investor information can be accessed on the Investor Relations page of the company's website, westernalliancebancorp.com.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements contained herein reflect our current views about future events and financial performance and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause our actual results to differ significantly from historical results and those expressed in any forward-looking statement. Some factors that could cause actual results to differ materially from historical or expected results include: factors listed in the Form 10-K as filed with the Securities and Exchange Commission; changes in general economic conditions, either nationally or locally in the areas in which we conduct or will conduct our business; inflation, interest rate, market and monetary fluctuations; increases in competitive pressures among financial institutions and businesses offering similar products and services; higher defaults on our loan portfolio than we expect; changes in managements estimate of the adequacy of the allowance for loan losses; legislative or regulatory changes or changes in accounting principles, policies or guidelines; managements estimates and projections of interest rates and interest rate policy; the execution of our business plan; and other factors affecting the financial services industry generally or the banking industry in particular.

We do not intend and disclaim any duty or obligation to update or revise any industry information or forward-looking statements set forth in this press release to reflect new information, future events or otherwise.

Contacts

Western Alliance Bancorporation
Gary Cady, 858-523-4602
Robert Sarver, 602-952-5445

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