Oxford Bank Corp. (OXBC)

[Enterprising Investor]

Oxford Bank Corporation Announces First Quarter 2014 Operating Results (4/15/14)

Oxford, Michigan – Oxford Bank Corporation (“the Company”) (OTC Bulletin Board: OXBC), the holding company for Oxford Bank (“the Bank”), today announced profitable operating results for the first quarter of 2014.

The Company’s quarterly consolidated earnings for the three months ended March 31, 2014 totaled $531,000, or $0.46 per share, compared to $500,000, or $0.43 per share during the first quarter of 2013. The Bank has maintained continuous profitability for the last 14 quarters.

The Bank’s Tier I capital totals $16,169,000 as of March 31, 2014, or 6.08% of average total assets compared to a low of $7,100,000, or 2.44% as of October of 2010. The Bank has continued to gradually build capital through earnings, operating efficiencies, and strategic balance sheet management. In addition, Management is currently pursuing alternative opportunities which it hopes will result in the fulfillment of its regulatory capital requirements by the end of 2014.

Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company. It is the oldest commercial bank in Oakland County and operates eight full-service offices in Clarkston, Davison, Dryden, Goodrich, Lake Orion, Oakland Township, Ortonville and Oxford. It also manages a consumer and commercial lending center in downtown Oxford. The Bank has operated continuously under local ownership and management since it first opened for business in 1884. For more information about Oxford Bank and its complete line of financial services, please visit www.oxfordbank.com.