Thomas Tolda Has Joined the Company and Heritage Oaks Bank as EVP, CFO - 01/27/11


Contacts:
Lawrence P. Ward, CEO
Ronald Oliveira, COO
805-369-5200

Thomas Tolda Has Joined the Company and Heritage Oaks Bank as Executive Vice President, Chief Financial Officer

(Paso Robles, CA) – Lawrence P. Ward, CEO of Heritage Oaks Bancorp (Nasdaq:HEOP) ("Company"), today announced that Thomas Tolda has joined the Company and Heritage Oaks Bank as Executive Vice President, Chief Financial Officer. "With over 25 years of banking experience, Tom is a great addition to our executive management team," stated Mr. Ward. "Tom has many years of hands on experience as CFO at larger financial institutions which will be of great value to Heritage Oaks Bank as we look to grow in future years. We couldn't be more thrilled to have someone with his level of experience and talent joining our company," continued Mr. Ward.

Most recently, Tom served as the EVP and CFO at East West Bank, a $20 billion bank in Southern California. Prior to that, Tom was the EVP and CFO for the Consumer Credit Group at Wells Fargo & Co.

Tom is a native of New York and holds a Bachelor of Science degree from New York University as well as an MBA from Fordham University in NY. Tom and his wife have lived in the San Francisco Bay area for the past 11 years.

In other news, Heritage Oaks Bancorp will announce the results of the fourth quarter 2010 at the close of business February 7, 2011 and hold a conference call the following morning at 8:00 AM PST.

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