Team Capital reports asset growth

Bethlehem, PA, July 21, 2008 – Team Capital Bank announced results for the second quarter of 2008. Total Assets for the Bank were at $321 million as of June 30, a 79% increase compared to Total Assets of $179 million for the second quarter of 2007. Total Deposits were at $226 million and Total Loans at $203 million for the same period. “Team Capital Bank continues to see strong growth across all our markets,” said James F. Deutsch, President & CEO. “The Bank remains highly capitalized with capital ratios well in excess of the federal guidelines for well capitalized banks. Just as important, asset quality remains very high,” he added. Earlier this quarter, Team Capital Bank completed a successful capital offering in conjunction with the development of its Somerset County region.