Tamalpais Bank Promotes Anjana Berde to SVP Post

SAN RAFAEL, Calif.--(BUSINESS WIRE)--Anjana Berde, a 15-year human resources veteran, has been promoted to senior vice president/director of human resources for Tamalpais Bank, it was announced today by Mark Garwood, chairman and CEO.

“Since joining us in 2007, Anjana has been instrumental in overseeing job analysis and design, recruitment and selection, performance management, training and development”

In her position, Berde has the primary responsibility for the planning of human resources policies, programs and practices at Tamalpais Bank and Tamalpais Wealth Advisors, the operating subsidiaries of Tamalpais Bancorp (NASDAQ:TAMB).

“Since joining us in 2007, Anjana has been instrumental in overseeing job analysis and design, recruitment and selection, performance management, training and development,” said Garwood. “She has brought both a level of expertise and an understanding of the human resources discipline that makes her a vital part of our senior leadership team.”

Said Berde, “I look forward to continuing to work with the Bank’s senior management team as we embark on a series of key HR initiatives, including new employee training and development programs.”

A graduate of University of Massachusetts (Amherst), she also holds a Senior Professional in Human Resources (HR) Certification from the Human Resource Certification Institute. Berde has held a series of increasingly important positions with companies, including Digital Equipment Corp. (DEC) and Intel prior to joining Tamalpais Bank in 2007.

A resident of San Anselmo, Berde serves on the board of directors of the Blood Centers of the Pacific (BCP) as well as Family Works.

About Tamalpais Bancorp

Tamalpais Bancorp, through its wholly owned subsidiaries Tamalpais Bank and Tamalpais Wealth Advisors, offers consumer and business banking through its seven Marin County full service branches, and wealth advisory services to high net worth families and institutional clients. The Company had $703 million in assets, $484 million in deposits and $371 million in assets under management (AUM) as of June 30, 2009. Shares of the Company's common stock are traded on the NASDAQ Capital Market System under the symbol TAMB.

This news release contains forward-looking statements with respect to the financial condition, results of operation and business of Tamalpais Bancorp and its subsidiaries. These include, but are not limited to, statements that relate to or are dependent on estimates or assumptions relating to the prospects of loan growth, credit quality, changes in securities or financial markets, and certain operating efficiencies resulting from the operations of Tamalpais Bank and Tamalpais Wealth Advisors. These forward-looking statements involve certain risks and uncertainties. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, among others, the following possibilities: (1) higher than expected credit losses; (2) our ability to enhance the capital ratios of the Bank and the Company; (3) our ability to diversify our loan portfolio; (4) our ability to reduce reliance on wholesale funding and generate low cost deposits from our market area; (5) competitive pressure among financial services companies increases significantly; (6) changes in the interest rate environment reduce interest margins; (7) general economic conditions, internationally, nationally or in the State of California are less favorable than expected; (8) legislation or regulatory requirements, regulatory actions against us, or changes adversely affect the businesses in which the consolidated organization is or will be engaged; (9) the ability to satisfy the requirements of the Sarbanes-Oxley Act and other regulations governing internal controls; (10) decline in real estate values in the Company's operating market areas; (11) volatility or significant changes in the equity and bond markets which can affect overall growth and profitability of the wealth advisors business; (12) changes in liquidity levels in capital markets; (13) changes in the quality or composition of Tamalpais Bank's loan and investment portfolios; (14) changes in accounting principles, policies or guidelines; (15) asset/liability management risks and liquidity risks; and, (16) other risks detailed in the Tamalpais Bancorp filings with the Securities and Exchange Commission. When relying on forward-looking statements to make decisions with respect to Tamalpais Bancorp, investors and others are cautioned to consider these and other risks and uncertainties. Tamalpais Bancorp disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

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