Exhibit 99

October 25, 2012

Birmingham Bloomfield Bancshares, Inc.

Announces improved pre-tax earnings and strong loan demand

BIRMINGHAM, MI—Birmingham Bloomfield Bancshares, Inc. (OTC Market Place: BBBI) (“the Company”), the holding company for Bank of Birmingham, today announced unaudited results for the three and nine month periods ended September 30, 2012. The positive results are the product of an increase in net interest income and portfolio loan growth.

The Company reported net income of $138,000 or $0.08 per common share for the third quarter of 2012 compared to net income of $109,000 or $0.06 per common share for the same period of 2011. Net income for the nine month period ended September 30, 2012 was $682,000 or $0.38 per common share compared to $785,000 or $0.44 per common share for the same period last year. The 2012 performance was impacted by the recognition of income tax expense not required in 2011. Excluding tax expense, net income before preferred dividends was $228,000 and $1,089,000, respectively for the three and nine month periods of 2012, an increase of 29.1% and 14.7% compared to the same periods of 2011.

Chief Executive Officer, Rob Farr, issued the results and commented, “The core operations of the Bank continue to improve and provide a strong foundation for the Company. The year to date performance produced record earnings on a pre-tax basis and the third quarter pre-tax, pre-provision Return on Average Assets was 1.52%. Our net interest margin was 4.65% for the quarter and loan demand remains strong in our market as total loans reached $118.4 million, an increase of 11.4% from December 31, 2011. We have been very successful in reporting improved results during this difficult economic environment and continue to focus on providing meaningful value for our shareholders.”

Results of Operation

The Company continues to experience an increase in net interest income as a result of growth in the loan portfolio and lower net funding costs. Net interest income for the third quarter of 2012 was $1.507 million a 17.6% increase relative to the same quarter of 2011. Net interest margin for the quarter was 4.65%, compared to 4.91% for the most recent linked quarter. The compression is a result of the current balance sheet mix and the competitive pricing environment. Net interest income for the first nine months of 2012 increased 15.9% to $4.396 million compared to the same period of 2011. Net interest margin for the year to date period ended September 30, 2012 was 4.78% compared to 4.48% in 2011.

The Company provided $330,000 in provision expense during the third quarter of 2012, an increase of $225,000 compared to the same period last year. Total provision expense for the year to date period ending September 30, 2012 was $400,000, compared to $159,000 for the nine month period in 2011. The increase in provision expense is attributable to the new loan volume and additional reserve requirements on collaterally deficient loans. There have been no net charge offs during 2012 compared to $108,000 for the same period last year.

Non-interest income continues to have a significant impact on the performance of the organization. Total non-interest income for the third quarter of 2012 was $300,000, compared to $319,000 for the same period of 2011. The decrease is a result of a reduction in revenue from SBA loan activity and sales of residential mortgage loans in the secondary market. The decline was mitigated by an increase in other revenue, primarily from earnings on Bank Owned Life Insurance. Total non-interest income for the year to date period ending September 30, 2012 was $895,000, a decrease of $29,000 from 2012. The reduction is a function of lower SBA loan volume, but the impact of the lost revenue was offset by an increase in earnings on residential mortgage activity, additional ancillary fee income and a gain on the sale of a bank owned property.

Total non-interest expense for the third quarter of 2012 was $1.248 million, compared to $1.317 million for the same quarter of 2011. The net decrease was the result of a focused effort to reduce expenses and improve operational efficiency. The largest decline was reported in salaries and benefits. This was a result of a reduction in the average number employees for the period. Year to date non-interest expense for 2012 was $3.803 million, an increase of $195,000 relative to the same period in 2011. The increase in expenses was the result of increased commissions associated with higher residential mortgage loan volume, facility expansion, operating system investments, and dedicating resources to business marketing efforts to improve franchise recognition.

Balance Sheet

Total assets as of September 30, 2012 were $148.5 million, a 19.4% increase from December 31, 2011. The growth was the result of an increase in business development efforts, a focused commitment to generate organic loan growth in our local market and expanding the product options available to customers. Total portfolio loans reached $118.4 million at the end of the third quarter, an increase of $5.4 million from June 30, 2012 and $15.9 million from September 30, 2011. The asset quality of the Company remains excellent; no charge offs have been reported in 2012 and the allowance for loan loss was 1.67% of total portfolio loans. Total deposits as of September 30, 2012 were $131.1 million, an increase of 18.0% from the same period in 2011. The Bank continues to be classified as well capitalized based on regulatory guidelines and the Tier 1 ratio was 9.20% for the quarter.

Birmingham Bloomfield Bancshares, Inc. is the holding company for Bank of Birmingham, a full-service community bank serving Oakland County. Bank of Birmingham is dedicated to providing financial services to small and medium sized businesses; their owners and employees; professionals; and individuals who work or reside in the Oakland County market area. Every Bank of Birmingham customer has a relationship manager who serves a single point of contact empowered to provide all the bank’s services. Birmingham Bloomfield Bancshares, Inc. marketmakers include Howe Barnes Hoefer and Arnett (acquired by Raymond James), Chicago; Monroe Securities, Chicago; and Hudson Securities, Inc., Jersey City, New Jersey.

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Forward-Looking Statements

This news release contains comments or information that constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995), which involve significant risks and uncertainties. Actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include: changes in interest rates and interest-rate relationships; changes in the national and local economy; demand for products and services; the degree of competition by traditional and non-traditional competitors; changes in banking regulations; changes in tax laws; changes in prices, levies, and assessments; our ability to successfully integrate acquisitions into our existing operations, and the availability of new acquisitions, joint ventures and alliance opportunities; the impact of technological advances; governmental and regulatory policy changes; the outcomes of contingencies; trends in customer behavior as well as their ability to repay loans; and other factors included in the Company’s filings with the Securities and Exchange Commission, available free via EDGAR. The Company assumes no responsibility to update forward-looking statements.

(Unaudited Consolidated Financial Statements Follow)

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Birmingham Bloomfield Bancshares, Inc.

Consolidated Balance Sheet (Unaudited)

Birmingham Bloomfield Bancshares, Inc.

Consolidated Statement of Income (Unaudited)

Birmingham Bloomfield Bancshares, Inc.

Financial Summary and Selected Ratios (Unaudited)

(Dollars in thousands except per share data)

Birmingham Bloomfield Bancshares, Inc.

Financial Summary and Selected Ratios (Unaudited)

(Dollars in thousands except per share data)

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