Torrey Pines Bank Names Noriko Oakland Senior Vice President

LAS VEGAS--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE:WAL) announced today that Noriko Oakland has been named Senior Vice President of the Los Angeles/Orange County Division of its Torrey Pines Bank subsidiary.

Oakland was formerly with California Bank & Trust where she worked as a Commercial Banking Officer in the L.A. Main Office and was Branch Manager of the Gardena office before joining Torrey Pines Bank.

“We feel very fortunate to have Noriko join this strong, seasoned team of bankers in our new L.A./Orange County Division,” said Robert Sarver, Chairman and CEO of Western Alliance Bancorp. “Under the leadership of Division head Paul Donaldson, this team will deliver a valuable combination of banking expertise and commitment to the local business and professional market.”

Originally from Osaka, Japan, Oakland is a graduate of Kyoto Sangyo University and Pepperdine University, where she received her MBA. “I am very excited to have this opportunity to build a very successful Division here in Los Angeles and Orange County, and am looking forward very much to working with this team,” said Oakland.

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 initial public offering registration statement 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 management’s estimate of the adequacy of the allowance for loan losses; legislative or regulatory changes or changes in accounting principles, policies or guidelines; management’s 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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