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CALIFORNIA COMMUNITY BANK REPORTS PROFITABLE QUARTER

ESCONDIDO, CA - (Business Wire) - July 28, 2010 - California Community Bank (OTCBB: CABK.OB), today released its unaudited second quarter 2010 financial results.

 

The Bank finished the second quarter of 2010 with an asset base of $218,556,000, an increase of $36,775,000, or 20%, from the end of June 2009. Total deposits were $190,862,000, up $37,330,000, or 24%, over the same period a year ago. As of June 30, 2010, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at $158,465,000 compared to $149,407,000 at June 30, 2009, an increase of $9,058,000, or 6%.

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IMPORTANT LINKS / INFORMATION

2009 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

 

Toll-Free Bank by Phone
1-877-bk by phn

(1-877-252-9746)

 

 

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

 

 

TEMPORARY LIQUIDITY
GUARANTEE PROGRAM

Our Institution has elected to participate in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. The standard maximum insurance amount of $100,000 had been temporarily raised to $250,000 until 12/31/2013. On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which, in part, permanently raises the current standard maximum deposit insurance to $250,000.