updated 5/27/2011 1:48:57 PM ET 2011-05-27T17:48:57

LAKE HAVASU CITY, Ariz., May 27, 2011 (GLOBE NEWSWIRE) -- Mohave State Bank ("Bank"), subsidiary of State Bank Corp. (OTCBB:SBAZ) ("Company"), today announced the appointment of Ruben Fontanes to serve as a member of its Yuma Community Board.

Mr. Fontanes is a Realtor at ERA Matt Fischer Realty, where he ranks as one of the firm's top producers specializing in residential, commercial and land listings. Ruben is a long-time Yuma resident and served on the Board of Directors for the Yuma County Chamber of Commerce.

"Mr. Fontanes is a solid businessman who is very interested in the banking industry. He brings amazing sales leadership and real estate experience to our Yuma Community Board. We look forward to his contribution to our organization," commented Brian M. Riley, President & CEO.

Mr. Fontanes joins Helen Greenwell, Bruce Jensen, Leo Pilkington, and Yvonne Taylor on the Yuma Community Board, which is an advisory group of business professionals who serve as ambassadors for Mohave State Bank within the community and provide insights to help the Bank better serve customers within the local market.

About the Company

State Bank Corp., headquartered in Lake Havasu City, Arizona, is the parent company of Mohave State Bank, the largest locally-owned bank in Mohave County. Mohave State Bank is a full-service bank providing deposit and loan products, and convenient on-line banking to individuals, businesses and professionals. The Bank was established in October 1991, and the holding company was formed in 2004. The Bank has six full-service branches: two in Lake Havasu City, two in Kingman, one in Bullhead City, and one in Yuma, Arizona. The Company is traded over-the-counter as SBAZ. For further information, please visit the web site: www.mohavestbank.com .

CONTACT: Brian M. Riley, President & CEO
         (928) 855-0000

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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