Bancorp intends to fund repurchases from its presently held internal funds, supplemented as needed by a dividend from West Coast Community Bank, and to execute repurchases in compliance with applicable federal and state securities laws and bank regulations, including without limitation, Rules 10b-18 and 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. The stock repurchase program may be suspended, terminated or modified at any time without notice.