San Luis Trust Bank Announces Director Stock Purchases


SAN LUIS OBISPO, Calif., Dec. 16, 2008 (GLOBE NEWSWIRE) -- San Luis Trust Bank (OTCBB:SNLS) today announced that its directors and senior management have recently purchased approximately 70,000 shares of the Bank's common stock in open market transactions. President and CEO Brad Lyon, who purchased 50,000 shares for his personal account, stated, "These investments by the people who know the Bank best emphasize our confidence in the Bank's future."

San Luis Trust Bank serves the Central Coast from its San Luis Obispo headquarters. At the end of the third quarter of 2009, the Bank had $329,135,239 in assets, $246,577,680 in loans and $31,132,946 in capital. The Bank is rated "well-capitalized" by federal regulators, the highest possible capital ranking.

For more information on San Luis Trust Bank, visit www.sanluistrustbank.com.

Statements concerning future performance, developments or events concerning expectations for growth and market forecasts, and any other guidance on future periods, constitute forward looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, the effect of interest rate changes, the ability to control costs and expenses, the impact of consolidation in the banking industry, financial policies of the United States government and general economic conditions.


            

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