ESCONDIDO,CA - (Business Wire)-
October 5, 2005 - California Community Bank (OTCBB: CABK.OB), which commenced operations on August 11, 2003, today released its unaudited third quarter 2005 financial results. During the third quarter, the Bank continued to post record asset growth and posted its first quarterly net profit of $109 thousand for the three month period ended September 30, 2005.

After completing its first 24 full months of operations, the Bank closed the third quarter of 2005 with an asset base of $91.6 million, an increase of $46.3 million, or 102%, from the third quarter of 2004. Total deposits were $82.6 million, up $46.7 million over the same period a year ago. As of September 30, 2005, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at $54.2 million compared to $28.5 million at September 30, 2004, a record increase of $25.7 million, or 90%.

Since its inception, California Community Bank has reported consistent growth in its core loan and deposit portfolios, all of which has now translated into a quarterly net profit for the de-novo financial institution. The Bank reported a net profit of $109 thousand for the third quarter of 2005 compared to a net loss of $317 thousand for the comparable period last year, an improvement of $426 thousand. Additionally, driven by its disciplined approach toward building quality market share, the Bank continues to report no delinquent or past due loans as of September 30, 2005.

Larry D. Hartwig, President and CEO commented, “We believe that our bank’s continued success is because of the exceptional quality of our employees and our strong customer relationships. For a bank our age, showing such strong asset growth and a good profit in 24 months is really extraordinary. Our commitment to delivering measurably superior service is working and every member of our team worked hard to make this happen.”

California Community Bank is headquartered at 1320 West Valley Parkway in Escondido and currently operates 2 branches – Escondido and Vista, CA. For more information on the Bank, please visit www.calcommunitybank.com or call 760-888-1000.

The numbers in this press release are unaudited. Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank’s business, and 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. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank’s performance, regulatory matters and those discussed in filings by the Bank with the Federal Deposit Insurance Corporation.

CONTACT:
California Community Bank, Escondido,CA
Larry D. Hartwig, 760-888-1001
lhartwig@calcommunitybank.com