| Deal Terms |
| Description of Consideration |
| Heritage Commerce issued 1,732,298 of its shares and paid approximately $24.0 million in cash to acquire all outstanding common stock of Diablo Valley Bank. Options were exchanged for cash. |
| Accounting Method | Purchase |
| In-State Transaction? | Yes |
| Merger of Equals? | No |
| Geographic Expansion? | In Market |
| Goodwill Generated ($000) | 43,457 |
| Estimated Cost Savings (%) | 33.62 |
| Estimated Cost Savings ($000) | 2,000 |
| Est. Restructuring Charges ($000) | 652 |
| Maximum Termination Fee ($000) | 3,380 |
| Minimum Termination Fee ($000) | 0 |
| Exchange Ratio (Common For Common) | NA |
| Exchange Ratio (Common For Preferred) | NA |
| Exchange Ratio (Preferred For Common) | NA |
| Exchange Ratio (Preferred For Preferred) | NA |
| Lockup Agreement | No |
| Strike Price ($) | NA |
| % of Shares Outstanding | NA |
| Shares Under Option | NA |
| Core Deposit Intangibles ($000) | 5,049 |
