1st Century Bancshares, Inc. (Bancshares) is a bank holding company. The Bank is a full service commercial bank. The Bank�s focus is relationship banking to family and middle market businesses, professional service firms, and high net worth individuals, real estate investors and entrepreneurs. Bancshares has one subsidiary, 1st Century Bank, National Association (the Bank). The Bank is subject to both the regulations of and periodic examinations by the OCC, which is the Bank�s federal regulatory agency. Bancshares and the Bank are collectively referred to herein as the Company. Bancshares� principal source of income is dividends from the Bank. The Bank�s goal is to deliver the responsive and adaptive depository and lending products and services to its customers. The Bank�s product offerings include Loans and Deposits. The Company�s loan and deposit activities are based in the Los Angeles metropolitan area.