GRANDPOINT CAPITAL ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE CALIFORNIA COMMUNITY BANK

Los Angeles and Escondido, Calif., January 19, 2012 -Grandpoint Capital, Inc., acting through one of its wholly owned subsidiaries, announced today that it has entered into a definitive agreement to acquire California Community Bank (OTCBB: CABK.OB). California Community Bank operates four banking offices in San Diego County. At December 31, 2011, California Community had total assets of $243.8 million.

Completion of the transaction is subject to regulatory and shareholder approvals. It is anticipated the transaction will be completed in the third quarter 2012.

More

IMPORTANT LINKS / INFORMATION

2010 Annual Report

Click here for important information
regarding Internet gambling

DART-Remote Deposit Capture

Deluxe Check Re-Orders

Verified By Visa

The Identity Theft Resource Center http://www.idtheftcenter.org

Click here for important information if you are having trouble making your mortgage or home equity payment

IMPORTANT INFORMATION
CONCERNING ONLINE BANKING

California Community Bank has added an additional layer of security when utilizing our online banking services.

This upgrade provides even greater levels of protection against fraudulent attacks such as phishing, spoofing, key logging and identify theft. All users will be led through a series of challenge questions and answers as well as the assignment of an Authentication Image and the selection of an Authentication Pass Phrase.

The image and pass phrase will appear during each subsequent log-in to verify that you are connected to the California Community Bank website before you are asked to enter your password.

Click here for more information

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.