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Press Release

President Biden Appoints RBB Bancorp Co-Founder and EVP Simon Pang to the President’s Advisory Commission on Asian Americans, Native Hawaiians, and Pacific Islanders

January 6, 2022 at 4:05 PM EST

LOS ANGELES--(BUSINESS WIRE)--Jan. 6, 2022-- RBB Bancorp (NASDAQ: RBB) announced Co-Founder and EVP Simon Pang’s appointment of to the President’s Advisory Commission on Asian Americans, Native Hawaiians, and Pacific Islanders. Mr. Pang is one of 23 other prominent members of the AAPI community charged with advising the President on policies to address anti-Asian xenophobia, violence, and other barriers faced by Asian Americans.

“I am honored to be appointed to the President’s advisory commission,” said Mr. Pang. “I look forward to working with other leaders to advise the President on ways the public, private, and non-profit sectors can work together to advance equity and opportunity for every Asian American, Native Hawaiian, and Pacific Islander community.”

Corporate Overview

RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California. As of September 30, 2021, the company had total assets of $3.8 billion. Its wholly owned subsidiary, Royal Business Bank, is a full-service commercial bank, which provides business banking services to the Asian-American communities in Los Angeles County, Orange County, and Ventura County in California; Las Vegas in Nevada; Brooklyn, Queens, and Manhattan in New York; Edison in New Jersey, and in the Chicago, Illinois neighborhoods of Chinatown and Bridgeport. Royal Business Bank services include remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, commercial and industrial loans, SBA 7A and 504 loans, 1-4 single family residential loans, automobile lending, trade finance, a full range of depository account products and wealth management services. The Company's administrative and lending center is located at 1055 Wilshire Blvd., Los Angeles, California 90017, and its finance and operations center is located at 7025 Orangethorpe Avenue, Buena Park, California 90621. The Company's website address is www.royalbusinessbankusa.com.

Yee Phong (Alan) Thian
President and CEO
(626) 307-7559

David Morris
Executive Vice President and CFO
(714) 670-2488

Source: RBB Bancorp