SAN FRANCISCO--(BUSINESS WIRE)--Presidio Bank (OTCBB:PDOB), a Bay Area business bank, reported completion of its previously announced 1,000,000 share common stock rights offering. The offering was oversubscribed by over 60%. Shares in the offering were priced at $12. Including the 1,000,000 shares issued in the offering, Presidio now has 5,261,195 shares outstanding. The Bank plans to use the net proceeds for general corporate purposes, including financing its continued growth as well as retire