February 22, 2008

Dear Stockholder:

2007 was a very difficult year in the banking industry. The interest rate environment provided ongoing margin pressure, particularly in the second half of the year. The sub-prime real estate loan problem and deteriorating housing market had a significant impact on the financial industry's credit quality; however, our asset quality remained strong and continues to compare favorably to our peer group. We are cautiously optimistic going into 2008 that these good results will continue.

The bank's net earnings were $1.07 million for 2007 versus $1.56 million for the year 2006. Operating expenses continued to increase as we opened a new branch at 2862 Frankfort Avenue in October, hired 17 new employees, and continued expansion in our commercial lending area; however, our expenses continue to be below that of our peer group.

Net loans increased by over $27 million during the year, an 11% increase. We continue to shift more of our deposits into checking and money market accounts, which will lower our cost of funds and improve our net interest margin.

We expect the challenging economic environment to continue in 2008, but are well positioned for the growth that we expect over the coming years.

On January 15, 2008, the Board of Directors of FCB Bancorp, Inc. declared a dividend of $0.40 per share, payable to stockholders of record as of February 1, 2008, which was paid on February 22, 2008.

We welcome the opportunity to do business with any customers you may send our way. As always, we appreciate your continued support.

Sincerely,

H. David Hale
Chairman, President & CEO