City Bank Selects New Audit Firm, BDO Seidman, LLP

City Bank (NASDAQ:CTBK) announced today the selection of BDO Seidman, LLP (BDO Seidman) to audit the Bank’s financial statements for the year ended December 31, 2009. BDO Seidman is one of the largest national CPA firms, and the firm has two offices in Washington State serving other community banks with asset size in excess of $1 billion. Conrad Hanson, President and CEO stated, “We are pleased to immediately begin working with BDO Seidman, a firm with national and local expertise to serve our needs.” BDO Seidman will also perform a quarterly review of the Bank’s financial statements for the six months ended June 30, 2009. The Bank expects to file its Quarterly Report on Form 10-Q on August 10, 2009.

About BDO Seidman

BDO Seidman, LLP is a national professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. Guided by core values including, competence, honesty and integrity, professionalism, dedication, responsibility and accountability for almost 100 years, the firm provides quality service and leadership through the active involvement of experienced and committed professionals.

BDO Seidman serves clients through 38 offices and more than 400 independent alliance firm locations nationwide. BDO Seidman is a Member Firm of BDO International, a worldwide network of public accounting firms, serving multi-national clients through a global network of 1,095 offices in 110 countries. Each Member Firm is an independent legal entity in its own country.

About City Bank

City Bank is a state-chartered commercial bank founded in 1974 and headquartered in Lynnwood, Washington. The Bank is publicly traded (NASDAQ: CTBK), with total assets as of March 31, 2009 of $1.37 billon, and many of the stockholders are local individuals. Eight banking offices serve both Snohomish and North King counties. Three mortgage loan offices serve Snohomish, King, Pierce and Clark counties. City Bank provides a wide range of banking services for business and individuals, including loans for residential construction, land development, mortgage, commercial, Small Business Administration, consumer, and all types of deposits as well as other general banking services.