ESCONDIDO, CA – (Business Wire) – July 19, 2006 - California Community Bank (OTCBB: CABK.OB), today released its unaudited second quarter 2006 financial results.

“After completing our 34th full month of operations since opening the Bank on August 11, 2003, we have now recorded four consecutive quarters of bottom-line net profit,” said Larry D. Hartwig, the Bank’s President and CEO. Hartwig continued, “Additionally, since our inception we have established and maintained a solid track record of consistently reporting quarter-over-quarter loan growth – an achievement that continued to drive even higher levels of earnings during the second quarter of 2006.”

For the second quarter of 2006, the Bank reported a record net profit of $207,000 compared to a net loss of $151,000 for the comparable period last year, an improvement of $358,000, or 237%. Earnings for the first six months of the year also rose to the record level of $322,000 compared to a net loss of $329,000 for the first six months of 2005.

The Bank closed the second quarter of 2006 with an asset base of $109,373,000, an increase of $34,295,000, or 46%, from the second quarter of 2005. Total deposits were $87,138,000, up $20,958,000, or 32%, over the same period a year ago. As of June 30, 2006, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at an all time high of $79,352,000 compared to $51,246,000 at June 30, 2005, an outstanding increase of $28,106,000, or 55%.

Hartwig further commented, “With this quarter’s strong profit results, California Community Bank has reached a critical mass that allows for solid earnings performance as well as providing a strong foundation upon which to grow. Although the Bank’s net interest margin continued to be impacted by higher funding costs stemming from the rising interest rate environment and, beginning in 2006, noninterest expense now includes a charge for the recognition of the fair value of stock options, we remain very pleased with our operating results. Additionally, we could not be more pleased with the continued high levels of performance by our entire team and in particular the loan growth that has been achieved. We have again succeeded in expanding the number of high quality, core-banking relationships in our targeted market segments, and with the recent regulatory approval to open our third full service branch on Miramar Road in San Diego, our goal is to even further deepen and expand our customer referral network. We will continue moving forward to strategically build our franchise -- following through on our reputation as a premier community bank that provides its customers with ‘real solutions – personally delivered’ – and we remain excited about the opportunities presented in today’s community banking environment.”

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