HomeAbout UsCurrent RatesPrivacyNews ReleasesInvestors RelationsContact Us

Online Banking Login

Personal    Business

Access ID:


Personal Online
Banking Enrollment

Business Online
Banking Enrollment

Business Banking
Business Lending
Personal Banking
Branch Locations
Agreement Center

FDIC

News Releases

CALIFORNIA COMMUNITY BANK LAUNCHES SECOND CAPITAL RAISING

ESCONDIDO, CA – (Business Wire> -August 8, 2005 - California Community Bank (OTCBB: CABK.OB) today announced plans for a capital offering of $12 million. California Community Bank’s directors and officers are making the offering to existing shareholders, bank customers and the general public. The Bank has also engaged Seapower Carpenter Capital, Inc. of Irvine, CA to assist with the offering.

California Community Bank will offer up to 800,000 shares of common stock at a price of $15 per share. The Bank reserves the right to close the offering at any time at its sole discretion.

California Community Bank is presently the only locally owned and controlled bank headquartered in Central Escondido. In December 2004, the Bank opened its second full service office in Vista.

Offering circulars containing complete pricing and other important information will be made available to prospective investors. This press release is neither an offer to sell, nor a solicitation of an offer to purchase. The planned offering will only be made through the offering circular. If you are interested in being added to the mailing list for the planned offering, or if you have other questions about California Community Bank, please call Larry Hartwig at 760-888-1001.

Certain statements in the press release, including statements regarding the intent, belief or current expectations of the Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.

Contact Information: California Community Bank Larry Hartwig, 760-888-1001

lhartwig@calcommunitybank.com


 

California Community Bank...
Real Solutions. Personally Delivered.