EXHIBIT 99.1

PRIME MERIDIAN HOLDING COMPANY REPORTS

FIRST QUARTER RESULTS

TALLAHASSEE, FL., APRIL 24, 2014 (GLOBE NEWSWIRE) – Prime Meridian Holding Company (the “Company”), the parent bank holding company for Prime Meridian Bank (the “Bank”), today announced financial results for the quarter ended March 31, 2014. The Company reported net income of $256,000, or $0.17 per basic and diluted share. This compares to net income of $294,000, or $0.20 per basic and diluted share, for the quarter ended March 31, 2013.

Overview

Net Interest Income

Net interest income was $1.7 million for the quarter ended March 31, 2014, compared to $1.4 million for the quarter ended March 31, 2013, a 23.3% increase quarter over quarter due to a 20.6%, or $280,000, increase in loan interest income and an 11.8%, or $23,000, decrease in total interest expense. The increase in loan interest income was driven by higher loan balances as total net loans increased to $126.1 million at March 31, 2014, compared to $121.4 million at December 31, 2013 and $106.3 million at March 31, 2013. The net interest margin was 3.36% for the quarter ended March 31, 2014, down slightly from 3.39% for the same period in 2013, as a 16 basis point decrease in the average yield on total interest-earning assets was only partially offset by an 12 basis point decrease in the average rate paid on total interest-bearing liabilities.

Noninterest Income

For the three months ended March 31, 2014, noninterest income decreased to $129,000 from $355,000 for the same period in 2013. The $226,000 decrease was primarily due to a $229,000 gain on sale of loans that was recorded during the three months ended March 31, 2013, compared to a $28,000 gain on sale of loans that was recorded during the same period in 2014 and a $64,000 decrease in mortgage origination fees for the three months ended March 31, 2014 compared to the same period a year ago. The decrease in noninterest income was partially offset, however, by a $21,000 increase in service charges and fees.

Noninterest Expense

Noninterest expense increased $319,000 from $1.1 million for the three months ended March 31, 2013, to $1.4 million for the same period in 2014. The increase was primarily due to a 34.9%, or $210,000, increase in salaries and employee benefits. During the three months ended March 31, 2014, the Bank also incurred higher professional fees and higher printing costs related to the filing of its first Form 10-K and a 14.7%, or $10,000, increase in advertising expenses. In addition, other noninterest expenses increased 37.5%, or $72,000, during this period, primarily driven by increases in spending for business development, new technology and software, and computer maintenance. These increases were partially offset by a 7.4%, or $15,000, decrease in occupancy and equipment costs. Full-time equivalent employees increased from thirty-eight at December 31, 2013, to forty-one at March 31, 2014, as the Bank continues to position itself for future expansion.

Loan Portfolio

The composition of our loan portfolio consisted of the following at March 31, 2014 and December 31, 2013 (dollars in thousands):

Loans totaling $253,000 were deemed to be impaired under the Bank’s policy at March 31, 2014, while loans totaling $382,000 were deemed to be impaired under the Bank’s policy at December 31, 2013. At March 31, 2014 and December 31, 2013, we had no accruing loans that were contractually past due 90 days or more as to principal and interest and no other real estate owned (“OREO”). We believe the quality of our loan portfolio can be attributed to our prudent underwriting standards, experienced loan officers, diligent monitoring of our loan portfolio, and close client relationships.

The provision for loan losses for the quarters ended March 31, 2014 and 2013, was $29,000 and $184,000, respectively. Management believes that the allowance for loan and lease losses (“ALLL”), which was $1.8 million, or 1.38% of gross loans, at March 31, 2014 is adequate.

Financial Condition

Condensed Consolidated Balance Sheet

As of March 31, 2014

Dollars in Thousands

As of March 31, 2014, the Company has grown to $214.5 million in total assets, $187.5 million in deposits, and $126.1 million in portfolio net loans. This compares to $206.5 million in total assets, $183.2 million in deposits, and $121.4 million in portfolio net loans as of December 31, 2013.

Equity capital was $19.2 million as of March 31, 2014, compared to $16.4 million as of December 31, 2013. Book value per share was $11.34 as of March 31, 2014, with 1,534,868 weighted-average shares outstanding. The Bank’s Tier 1 Leverage Capital Ratio was 8.68% as of March 31, 2014, compared to 8.41% as of December 31, 2013. As of March 31, 2014, the Bank was considered to be “well capitalized” with a 13.67% Tier 1 Risk-Based Capital Ratio and a 14.92% Total Risk-Based Capital Ratio, well above the current capital minimum ratios to be considered “well capitalized.”

We attribute our continued organic growth to a combination of factors including our relationship banking model, our proactive marketing efforts in the community, and our operational excellence.

About Prime Meridian Holding Company

Prime Meridian Holding Company headquartered in Tallahassee, Florida offers a broad range of banking services through its wholly owned subsidiary, Prime Meridian Bank, a Florida state chartered non-member bank. The Bank, founded in 2008, serves its primary market of the Tallahassee Metropolitan Statistical Area, but also serves clients in the North Florida, South Georgia, and South Alabama markets. The Bank has two office locations, both in Tallahassee, forty-one full time equivalent employees as of March 31, 2014. For more information about Prime Meridian Holding Company, please visit our website at www.primemeridianbank.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company’s current views with respect to, among other things, future events and financial performance. Words such as “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project,” “is confident that,” and similar expressions are intended to identify these forward-looking statements. Any forward-looking statements contained in this press release are based on the historical performance of the Company and its subsidiary or on the Company’s current plans, estimates, and expectations. These forward-looking statements involve risk and uncertainty and a variety of factors could cause our actual results and experience to differ materially from the anticipated results or other expectations expressed in these forward-looking statements. Factors that could have a material adverse effect on our operations and the operations of our subsidiary, Prime Meridian Bank, include, but are not limited to various risks, uncertainties, and assumptions relating to the Company’s operations, financial results, financial condition, business prospects, growth strategy, and liquidity. These factors should not be construed as exhaustive. A number of important factors could cause actual results to differ materially from those indicated by the forward-looking statements. Information on these factors can be found in the Company’s Registration Statement on Form S-1, dated December 11, 2013, and other reports and statements the Company has filed with Securities and Exchange Commission which are available at the SEC’s website (www.sec.gov). We do not have a policy of updating or revising forward-looking statements except as otherwise required by law, and silence by management over time should not be construed to mean that actual events are occurring as estimated in such forward-looking statements.

Prime Meridian Holding Company and Subsidiary

Condensed Consolidated Balance Sheets

(Dollars in thousands)

Prime Meridian Holding Company and Subsidiary

Consolidated Statements of Income

(Dollars in thousands)

Prime Meridian Holding Company and Subsidiary

Financial Highlights

(Dollars in Thousands except per share data)