The Bancorp, Inc. (NASDAQ: TBBK) (“The Bancorp”) announces the addition of five new officers to the Small Business Lending unit of its bank subsidiary, The Bancorp Bank. Joining The Bancorp are Dwight Bateman, Hetal Engineer, Tom Hurdman, Brian Kuntz and George Taylor who will support The Bancorp in making new inroads as a national portfolio lender of Small Business Administration (SBA) loans.

Dwight Bateman will serve as Director, Head of Small Business Loan Credit Operations. His career spans nearly 25 years in financial services, including his most recent position at Simmons Bank where he was a Regional President responsible for credit administration and sales management.

Hetal Engineer will serve as Director, SBA Sales Manager. He brings extensive experience in SBA management and loan production to his new role. Prior to joining The Bancorp, he was Senior Vice President/Regional Sales Manager with Evolve Bank & Trust.

In their roles as Vice President, Business Development Officer, Tom Hurdman, Brian Kuntz and George Taylor will deliver The Bancorp’s small business financing solutions to business owners across a range of industries.

Hurdman’s past positions include Director at FINOVA’s Realty Capital Group, Financial Consultant with Merrill Lynch, and Vice President in business lending at several of the nation’s largest banks. Kuntz’s career experience includes SBA lending and business development for Cornerstone Bank and Paragon Bank. Taylor’s background spans all facets of SBA lending. He was most recently a business development officer at Paragon Bank.

“The Bancorp welcomes the expertise and potential these new officers add to our lending capabilities,” said Jeff Nager, Executive Vice President and Head of Small Business Lending. “We continue to build a first-class team of lending specialists committed to helping small business owners get the resources they need to start and grow a successful business.”

About The Bancorp

The Bancorp is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The Bancorp’s financial institution, The Bancorp Bank (Member FDIC, Equal Housing Lender), has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (US), a top merchant sponsor bank and a top ACH originator. Specialized lending distinctions include National Preferred SBA Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial lending groups in the nation. For more information, please visit www.thebancorp.com.