On January 6, 2020, Professional Holding Corp., the financial holding company of Professional Bank, a Florida state-chartered bank, filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission in connection with an underwritten firm commitment initial public offering of its Class A Common Stock. Stephens Inc. and Keefe, Bruyette & Woods, Inc. are serving as representatives of the underwriters in the initial public offering as joint book-running managers, and Hovde Group, LLC serving as co-manager. Professional Holding Corp. intends to list its Class A Common Stock for trading on the Nasdaq Global Market under the symbol “PFHD.”

About Professional Bank: Headquartered in Coral Gables, Fla., Professional Bank is one of Florida’s fastest-growing community banks. A subsidiary of financial holding company Professional Holding Corp. (OTC: PFHD), Professional Bank specializes in construction, residential and commercial real estate financing as well as business loans and lines of credit, including SBA financing. Known for high-touch customized concierge services, the Bank serves the needs of its customers through a full offering of deposit products, cash management services, online and mobile banking.

Founded in 2008, Professional Bank operates full-service branches and loan production offices in Miami-Dade, Broward and Palm Beach counties. For more information, visit www.myprobank.com.