Lighthouse Bank Announces 12.5% Increase to Quarterly Cash Dividend Payment
Lighthouse Bank Announces 12.5 Percent Increase to Quarterly Cash Dividend Payment to Shareholders 
Santa Cruz, Calif., July 28, 2017 -Lighthouse Bank (OTC-QB: LGHT), a top-rated locally owned and operated community bank,  today announced that its Board of Directors has declared a Quarterly Cash Dividend in the amount of $0.09 per share, representing a 12.5% increase over the previous dividend payment. The dividend is payable on August 28, 2017 to shareholders of record at the close of business on August 11, 2017. The cash dividend is the result of the Bank's strong ongoing financial performance and significant capital strength.
In May, 2017, the Bank paid its fourth $0.08 per share quarterly cash dividend to shareholders, following four previous consecutive quarterly cash dividends of $0.075 per share. In early 2015, the Bank paid a special $0.40 per share cash dividend to shareholders, which followed two stock dividends granted in 2011 and 2013. Since January 2015, the Bank has paid $2,332,722 in cash dividends to shareholders.
The Bank recently released its financial results for the quarter-ended June 30, 2017, reporting net income of $786 thousand, a 57% increase over the same quarter in 2016. Total assets grew to a record $244 million, an increase of $43 million, or 21%, from the quarter-ended June 30, 2016. recently ranked Lighthouse Bank as the 5th healthiest bank in the nation in 2017. This represents the second consecutive year that the Bank has been ranked 5th on the list of the approximately 6,000 Federally-Insured banking institutions in the nation.
Lighthouse Bank's consistently strong financial results continue to place it at the top of the industry in a variety of categories including asset quality, capital adequacy, return on average assets, return on average equity and operational efficiency.  SNL Financial ranked Lighthouse Bank as the 29th highest performing community bank in the nation based on 2016 performance of approximately 5100 banks of asset size under $1 billion.  Financial Management Consulting Group (FMC) rated the Bank among the highest performing banks in the state, as 12th out of 171 California banks in 2016 based on our overall performance.
For twenty consecutive quarters, the Bank has been rated by Bauer Financial as Five-Star "Superior" for strong financial performance, the top rating given by the independent bank rating firm. Lighthouse Bank has received its sixth consecutive designation of Super Premier performing bank by The Findley Reports, Inc. based upon 2016 financial performance. Lighthouse Bank has no financial relationship with any of these rating agencies.
Lighthouse Bank stock, ( LGHT) is actively traded via the Bank's market makers and online and full-service brokerage providers. More information on the Bank's stock and historical financial performance may be located on the Bank's website at or by calling 831-600-4000.
Lighthouse Bank is a highly rated locally owned and operated full-service commercial bank. The Bank's headquarters are located at 2020 North Pacific Avenue in Downtown Santa Cruz, CA Santa Cruz, CA. The Bank's Silicon Valley Loan Production office is located at 19240 Stevens Creek Blvd, Cupertino, CA. Construction is currently underway for the planned tenant improvements to convert the Silicon Valley Loan Production office to a full-service banking office. The Bank offers a full array of banking products and services to businesses, professionals, individuals, developers and commercial property owners. Lighthouse Bank is dedicated to providing exceptional personalized service and access to decision makers who are always close at hand.  The Bank offers unique services such as worldwide surcharge free ATM/Debit Cards, complimentary business courier service, and remote deposit capture, allowing the Bank to expand its geographical reach throughout Santa Cruz County and the Silicon Valley.

Member FDIC / Equal Housing Lender / SBA Preferred Lender

The attached release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuation in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Bank's control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management's view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.
For further information, please contact:
Lane S. Lawson
Chief Executive Officer
LIGHTHOUSE BANK | 831.600.4000 |

Santa Cruz Office :
2020 North Pacific Avenue
Santa Cruz, Ca 95060

Silicon Valley Loan Production Office:
19240 Stevens Cre ek Boulevard
Cupertino, Ca 95014

Member FDIC