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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%.

 

For the second quarter of 2010, the Bank reported a net profit of $338,000, or basic earnings per share of 16 cents, versus a net loss of $88,000, or a basic loss per share of 4 cents, for the comparable period last year.  The net profit for the first six months of the year was $598,000, or basic earnings per share of 28 cents, compared to a net loss of $338,000, or a basic loss per share of 16 cents, for the first half of 2009.

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CALIFORNIA COMMUNITY BANK REPORTS PROFITABLE QUARTER

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

 

The Bank finished the first quarter of 2010 with an asset base of $236,022,000, an increase of $51,896,000, or 28%, from the end of March 2009.  Total deposits were $207,792,000, up $51,875,000, or 33%, over the same period a year ago.  As of March 31, 2010, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at $162,347,000 compared to $140,347,000 at March 31, 2009, an increase of $22,000,000, or 16%.

 

For the first quarter of 2010, the Bank reported a net profit of $260,000, or basic income per share of 12 cents, versus a net loss of $250,000, or a basic loss per share of 12 cents, for the comparable period last year.

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CALIFORNIA COMMUNITY BANK PROMOTES SUE SNOW TO SENIOR VICE PRESIDENT

Escondido, CA – November 3, 2009 – California Community Bank (CABK.OB), today announced that prominent Escondido banker; Sue Snow has been promoted to Senior Vice President.  Snow is a veteran commercial banker and has over 25 years of banking experience in the Escondido and North County Markets.

 

Snow started her career with Escondido National Bank, then went to North County Bank and in 2000, joined First National Bank / Pacific Western Bank as a Vice President in the Escondido Office.  In July 2003, she joined California Community Bank as one of its original employees when it opened on August 11, 2003. 

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STEVE HARRINGTON JOINS CALIFORNIA COMMUNITY BANK AS SENIOR VICE PRESIDENT

Vista, CA – February 2, 2010 – California Community Bank (CABK.OB), today announced that prominent San Diego banker; Steve Harrington has joined the Bank as Senior Vice President, Business Banking at its Vista Office.  Harrington is a veteran commercial lender and has over 20 years of banking experience in the San Diego and North County markets.

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CALIFORNIA COMMUNITY BANK REPORTS THIRD QUARTER PROFIT TOAL ASSETS EXCEED $200 MILLION MILESTONE

ESCONDIDO, CA – (Business Wire) – October 28, 2009 - California Community Bank (OTCBB: CABK.OB), today released its unaudited third quarter 2009 financial results.

The Bank finished the third quarter of 2009 with an asset base of $204,037,000, an increase of $35,648,000, or 21%, from the third quarter of 2008.  Total deposits were $175,665,000, up $35,203,000, or 25%, over the same period a year ago.  As of September 30, 2009, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at an all time high of $157,566,000 compared to $137,324,000 at September 30, 2008, an increase of $20,242,000, or 15%.

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CALIFORNIA COMMUNITY BANK MAINTAINS EXCELLENT ASSET QUALITY AND ACHIEVES 23% YEAR-OVER-YEAR ASSET GROWTH

ESCONDIDO, CA – (Business Wire) – July 22, 2009 - California Community Bank (OTCBB: CABK.OB), today released its unaudited second quarter 2009 financial results.

The Bank finished the second quarter of 2009 with an asset base of $181,781,000, an increase of $33,516,000, or 23%, from the second quarter of 2008.  Total deposits were $153,532,000, up $34,996,000, or 30%, over the same period a year ago.  As of June 30, 2009, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at an all time high of $149,407,000 compared to $128,962,000 at June 30, 2008, an increase of $20,445,000, or 16%.

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MICHAEL SCOGIN JOINS CALIFORNIA COMMUNITY BANK AS EXECUTIVE VICE PRESIDENT

Escondido, CA – June 9, 2009 – California Community Bank (CABK.OB), today announced that prominent San Diego banker; Michael Scogin has joined the Bank as Executive Vice President, Commercial Lending and Manager at its Miramar Road Office.  Scogin is a veteran commercial lender and has over 23 years of banking experience in the San Diego and North County markets.

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CALIFORNIA COMMUNITY BANK REPORTS FIRST QUARTER 2009 PERFORMANCE RESULTS

ESCONDIDO, CA – (Business Wire) – April 22, 2009 - California Community Bank (OTCBB: CABK.OB), today released its unaudited first quarter 2009 financial results. The Bank finished the first quarter of 2009 with an asset base of $184,126,000, an increase of $38,170,000, or 26%, from the end of March 2008. Total deposits were $155,917,000, up $33,795,000, or 28%, over the same period a year ago. As of March 31, 2009, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at an all time high of $140,347,000 compared to $121,562,000 at March 31, 2008, an increase of $18,785,000, or 15%.

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CALIFORNIA COMMUNITY BANK ACHIEVES POSITIVE ASSET AND LOAN GROWTH FOR 2008

ESCONDIDO, CA - (Business Wire) -February 17, 2009 - California Community Bank (OTCBB: CABK.OB), today released its unaudited fourth quarter and full-year 2008 financial results.

The Bank finished the fourth quarter of 2008 with an asset base of $174,744,000, an increase of $33,039,000, or 23%, from the end of 2007. Total deposits were $146,508,000, up $28,744,000, or 24%, over the same period a year ago. As of December 31, 2008, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at an all time high of $137,685,000 compared to $116,209,000 at December 31, 2007, a significant increase of $21,476,000, or 18%.
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CALIFORNIA COMMUNITY BANK REPORTS 24% LOAN GROWTH, NO DELINQUENT LOANS, AND EXCELLENT ASSET QUALITY

ESCONDIDO, CA -(Business Wire) - October 28, 2008 - California Community Bank (OTCBB: CABK.OB), today released its unaudited third quarter 2008 financial performance results.

The Bank finished the third quarter of 2008 with an asset base of $168,389,000, an increase of $31,480,000, or 23%, from the third quarter of 2007. Total deposits were $140,462,000, up $27,888,000, or 25%, over the same period a year ago. As of September 30, 2008, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at an all time high of $137,324,000 compared to $111,081,000 at September 30, 2007, a significant increase of $26,243,000, or 24%.

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CALIFORNIA COMMUNITY BANK MAINTAINS EXCELLENT ASSET QUALITY AND ACHIEVES 26% YEAR-OVER-YEAR LOAN GROWTH

ESCONDIDO, CA -(Business Wire) - July 25, 2008 - California Community Bank (OTCBB: CABK.OB), today released its unaudited second quarter 2008 financial performance results.

For the second quarter of 2008, the Bank reported a net loss of $139,000, or a basic loss per share of 7 cents, versus net income of $107,000, or basic earnings per share of 5 cents, for the comparable period last year. The net loss for the first six months of the year was $126,000, or a basic loss per share of 6 cents, compared to net income of $217,000, or basic earnings per share of 10 cents, for the first six months of 2007.

The Bank closed the second quarter of 2008 with an asset base of $148,265,000, an increase of $19,207,000, or 15%, from the second quarter of 2007. Total deposits were $118,536,000, up $13,227,000, or 13%, over the same period a year ago. As of June 30, 2008, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at an all time high of $128,962,000 compared to $102,388,000 at June 30, 2007, a significant increase of $26,574,000, or 26%.
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CALIFORNIA COMMUNITY BANK REPORTS FIRST QUARTER 2008 PERFORMANCE RESULTS

ESCONDIDO, CA - (Business Wire) - April 24, 2008 - California Community Bank (OTCBB: CABK.OB), today released its unaudited first quarter 2008 financial performance results.

For the first quarter of 2008, the Bank reported a net profit of $13,000, or basic earnings per share of 1 cent, versus $110,000, or basic earnings per share of 5 cents, for the comparable period last year.

The Bank closed the first quarter of 2008 with an asset base of $145,956,000, an increase of $22,065,000, or 18%, from the end of March 2007. Total deposits were $122,122,000, up $21,636,000, or 22%, over the same period a year ago. As of March 31, 2008, total gross loans net of deferred fees stood at a record high of $121,562,000 compared to $95,882,000 at March 31, 2007, a significant increase of $25,680,000, or 27%.
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CALIFORNIA COMMUNITY BANK REPORTS FOURTH QUARTER AND FULL YEAR 2007 PERFORMANCE

ESCONDIDO, CA - (Business Wire) -February 7, 2008 - California Community Bank (OTCBB: CABK.OB), today released its unaudited fourth quarter and full year 2007 financial results.

For the fourth quarter of 2007, the Bank reported a net profit of $105,000, or basic earnings per share of 5 cents, versus $432,000, or basic earnings per share of 20 cents, for the comparable period last year. Earnings for the full year were $335,000, or basic earnings per share of 16 cents, compared to $1,000,000, or basic earnings per share of 48 cents, for the full year of 2006.

The Bank closed the fourth quarter of 2007 with an asset base of $141,705,000, an increase of $11,767,000, or 9%, from the fourth quarter of 2006. Total deposits were $117,764,000, up $11,121,000, or 10%, over the same period a year ago. As of December 31, 2007, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at an all time high of $116,209,000 compared to $88,234,000 at December 31, 2006, a significant increase of $27,975,000, or 32%.
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DON TAYLOR JOINS CALIFORNIA COMMUNITY BANK AS SENIOR VICE PRESIDENT FOR NEW ENCINITAS BRANCH

Escondido, CA - April 29, 2008 -California Community Bank (CABK.OB), today announced that prominent Encinitas local banker; Don Taylor has joined the Bank as Senior Vice President and Manager at its new Encinitas Branch. Taylor is a veteran commercial lender and has over 30 years of banking experience in the Encinitas / Carlsbad markets. More

ALICE TIONGCO JOINS CALIFORNIA COMMUNITY BANK

Escondido, CA - November 6, 2007 -California Community Bank (CABK.OB), today announced that prominent local banker Alice Tiongco, has joined the Bank as Assistant Vice President - Customer Service Manager at its Escondido Main Office. Tiongco is a veteran banker in the San Diego North County marketplace and has a strong background in operations and customer relationship management.

Tiongco started her banking career with North County Bank and had most recently been the operations manager at the Escondido office of Pacific Western Bank, formerly Community National Bank.
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CALIFORNIA COMMUNITY BANK REPORTS THIRD QUARTER 2007 RESULTS

ESCONDIDO, CA -(Business Wire) -October 23, 2007 - California Community Bank (OTCBB: CABK.OB), today released its unaudited third quarter 2007 financial performance results.

For the third quarter of 2007, the Bank reported a net profit of $13,000, or basic earnings per share of 1 cent, versus $246,000, or basic earnings per share of 12 cents, for the comparable period last year. Earnings for the first nine months of the year were $230,000, or basic earnings per share of 11 cents, compared to $568,000, or basic earnings per share of 27 cents, for the first nine months of 2006.
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CALIFORNIA COMMUNITY BANK REPORTS RECORD LOAN GROWTH AND EIGHTH CONSECUTIVE QUARTER OF NET PROFIT

Escondido, CA -July 18, 2007-California Community Bank (OTCBB:CABK.OB), today released its unaudited second quarter 2007 financial performance results.

"With this quarter's results, California Community Bank has now recorded eight consecutive quarters of bottom line net profit," said Larry D. Hartwig, the Bank's President and CEO. Hartwig continued, "Even more impressive, during the second quarter of 2007, we continued to achieve record loan growth with our loan portfolio surpassing the $100 million milestone. Equally important, driven by our disciplined approach toward building quality market share, we did not have a single delinquent or past due loan as of quarter end. More...

TERRY SIACA JOINS CALIFORNIA COMMUNITY BANK

Escondido, CA - September 19, 2007 -California Community Bank (OTCBB: CABK.OB), today announced that prominent local banker Terry Siaca, has joined the Bank as Vice President for Commercial Lending at its Escondido Main Office. Siaca is a veteran business lender in the San Diego North County marketplace and has a strong background in lending and relationship management. More...

CALIFORNIA COMMUNITY BANK ELECTS RICHARD ARENDSEE AS CHAIRMAN

Escondido, CA - June 5, 2007 - California Community Bank (OTCBB: CABK.OB), today announced that Richard W. Arendsee has been elected as Chairman of the Board of Directors. Mr. Arendsee is a founding shareholder and Director of the Bank, and presently holds about 10% of the Bank’s common stock. Larry D. Hartwig, President and CEO commented, "The Board and the Management of the Bank is delighted to see Mr. Arendsee accept this leadership role. The Bank is in its 4th year of operation and Mr. Arendsee's past experience with other high growth San Diego banks will serve us well as we plan our future growth. He and all of the members of our Board continue to provide excellent vision and guidance as we implement our business strategies."

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TODD E. TWEDT JOINS CALIFORNIA COMMUNITY BANK AS A SENIOR VICE PRESIDENT FOR COMMERCIAL LENDING

Escondido, CA -May 22, 2007-California Community Bank (CABK.OB), today announced that prominent local banker; Todd Twedt has joined the Bank as Senior Vice President for Commercial Lending at its Escondido Main Office. Twedt is a veteran commercial lender and has over 21 years of banking experience in the Escondido market.
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CALIFORNIA COMMUNITY BANK REPORTS SEVENTH CONSECUTIVE QUARTER OF NET PROFIT

ESCONDIDO, CA -(Business Wire) -April 25, 2007 - California Community Bank (OTCBB: CABK.OB), today released its unaudited first quarter 2007 financial performance results.

"With this quarter results, California Community Bank has now recorded seven consecutive quarters of bottom line net profit,"said Larry D. Hartwig, the Bank's President and CEO. Hartwig continued, "During the first quarter of 2007, we achieved record loan growth -- the primary revenue driver for the Bank. Equally important, driven by our disciplined approach toward building quality market share, we did not have a single delinquent or past due loan as of quarter end. More...

CALIFORNIA COMMUNITY BANK ANNOUNCES MAJOR SHAREHOLDER

ESCONDIDO, CA - (Business Wire) - (Thursday, April 26, 2007) - California Community Bank (OTCBB: CABK.OB), today announced that Richard W. Arendsee and related entities have received the required regulatory approvals to increase their stock ownership to an aggregate of 20% of the Bank's outstanding common stock vis-a-vis additional share purchases that will be made through the public market. Mr. Arendsee is a founder and current Director of the Bank and presently holds about 9.9% of the bank's common stock.

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IMPORTANT INFORMATION CONCERNING ON-LINE BANKING

California Community Bank has added an additional layer of security when utilizing our on-line 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.

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CALIFORNIA COMMUNITY BANK REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2006 PERFORMANCE

ESCONDIDO, CA – (Business Wire) – February 7, 2007 - California Community Bank (OTCBB: CABK.OB), today released its unaudited fourth quarter and full year 2006 financial results. "With this quarter's exceptional results, California Community Bank has now recorded six consecutive quarters of bottom line net profit, and for the year ended December 31, 2006, posted record earnings and strong balance sheet growth," said Larry D. Hartwig, the Bank's President and CEO. Hartwig continued, "During the fourth quarter of 2006, we clearly maintained our track record of delivering solid loan growth -- the primary revenue driver for the Bank.

Equally important, driven by our disciplined approach toward building quality market share, we did not have a single delinquent or past due loan as of year end. We also completed a significant investment in our future by opening our third full service branch in December -- effectively expanding our marketplace to include San Diego's strategically important business banking communities of Kearney Mesa and Mira Mesa, as well as the Miramar Road corridor. This larger geographical footprint is important as we continue to leverage the Bank's strong capital position.”

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CALIFORNIA COMMUNITY BANK COMPLETES THIRD YEAR WITH EXCEPTIONAL RESULTS

ESCONDIDO, Calif.--(BUSINESS WIRE)-October 25, 2006-California Community Bank (OTCBB:CABK), today released its unaudited third quarter 2006 financial results.

“We have now completed just over three full years of operations since opening the bank on August 11, 2003, and have recorded five consecutive quarters of bottom line net profit," said Larry D. Hartwig, the Bank's President and CEO. Hartwig continued, "Additionally, during the third quarter of 2006, we continued to deliver solid growth in deposits, loans and total assets.”

For the third quarter of 2006, the Bank reported a record net profit of $246,000 versus $109,000 for the comparable period last year, an improvement of $137,000, or 126%. Earnings for the first nine months of the year also rose to the record level of $568,000 compared to a net loss of $220,000 for the first nine months of 2005.
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CALIFORNIA COMMUNITY BANK POSTS RECORD PROFITABILITY FOR SECOND QUARTER 2006

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.”
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CALIFORNIA COMMUNITY BANK ANNOUNCES THIRD BRANCH LOCATION

ESCONDIDO, CA – (Business Wire) – July 18, 2006 – California Community Bank (OTCBB: CABK.OB) announced today that it will broaden its business and consumer banking services by opening its third full service branch at 8996 Miramar Road in San Diego, CA. More...

CALIFORNIA COMMUNITY BANK ANNOUNCES TWO PROMOTED TO EXECUTIVE VICE PRESIDENT

ESCONDIDO, CA – (Business Wire) – May 30, 2006 – California Community Bank (OTCBB: CABK.OB) announced today that the Bank has elevated two of its key officers to the position of Executive Vice President. Mike Cavataio is now Executive Vice President and Head of Real Estate Lending and Mark Anderson is Executive Vice President and Head of Operations. More...

MARK FISHER JOINS CALIFORNIA COMMUNITY BANK; VETERAN BANKER IS VICE PRESIDENT AND BUSINESS LOAN OFFICER

ESCONDIDO, Calif.--(BUSINESS WIRE)--May 23, 2006--California Community Bank (OTCBB:CABK) announced today that veteran San Diego banking executive Mark Fisher has joined California Community Bank as Vice President and business loan officer.

President and CEO Larry Hartwig said, "In his new position with Escondido's only locally owned bank, he will provide full banking services to clients in the North County Market. Fisher will expand California Community Bank's middle market commercial and business loan portfolio and develop expanded relationships with local business professionals."
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CALIFORNIA COMMUNITY BANK REPORTS OUTSTANDING FIRST QUARTER 2006 GROWTH AND PROFITABILITY. Total Assets Exceed $110 million

ESCONDIDO, CA – (Business Wire) – April 25, 2006 - California Community Bank (OTCBB: CABK.OB), which commenced operations on August 11, 2003, today released its unaudited first quarter 2006 financial results.

“With this quarter’s strong results, California Community Bank has now recorded three 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 top-line balance sheet growth – an achievement that continued to gain momentum during the first quarter of 2006 with total assets climbing to over $110 million.”
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CALIFORNIA COMMUNITY BANK REPORTS OUTSTANDING FOURTH QUARTER AND FULL-YEAR 2005 PERFORMANCE

ESCONDIDO, CA – (Business Wire) – January 25, 2006 - California Community Bank (OTCBB: CABK.OB), which commenced operations on August 11, 2003, today released its unaudited fourth quarter and full year 2005 financial results.

“With this quarter’s strong results, California Community Bank has now recorded two consecutive quarters of net profit,” said Larry D. Hartwig, the Bank’s President and CEO. Hartwig continued, “We are now 2 years and 4 months old – still a de-novo bank, but since inception we have established a solid track record of consistently reporting quarter to quarter balance sheet growth. Plus, it’s exciting to have settled into the profit generating mode.”
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CALIFORNIA COMMUNITY BANK RAISES $13 MILLION OF NEW CAPITAL

ESCONDIDO, CA – (Business Wire) – October 31, 2005 - California Community Bank (OTCBB: CABK.OB), today reported that the Bank has closed its secondary offering to raise additional capital and that the company’s $12 million offering at $15.00 per share was over-subscribed, generating $13 million of new capital for the institution. The Bank employed Seapower Carpenter Capital, Inc., an affiliate of Carpenter & Company, to assist with the capital raising. The company will issue 867,709 new shares as a result of the offering and will now have total equity in excess of $21 million.  More...

CALIFORNIA COMMUNITY BANK ACHIEVES PROFITABILITY AND POSTS MILESTONE THIRD QUARTER 2005 PERFORMANCE. Total Assets Now Exceed $90 Million

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. More...

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. More...

CALIFORNIA COMMUNITY BANK ANNOUNCES OUTSTANDING SECOND QUARTER 2005 RESULTS. Bank continues to expand, post record growth, and shrink losses.

ESCONDIDO, CA - (Business Wire) - July 18, 2005 - California Community Bank (OTCBB: CABK), which commenced operations on August 11, 2003, today released its unaudited 2005 second quarter financial results.

After only 22 months of operations, the Bank closed the second quarter of 2005 with an asset base of $75.1 million, an increase of $36.4 million, or 94%, from June 30, 2004. Total deposits were $66.2 million, up $37.3 million over the same period a year ago. As of June 30, 2005, total gross loans net of deferred fees, the primary revenue driver for the Bank, stood at $51.2 million compared to $22.0 million at June 30, 2004, a record increase of $29.2 million, or 133%.
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CALIFORNIA COMMUNITY BANK ANNOUNCES STRONG FIRST QUARTER RESULTS. Bank continues to expand geographically, post record growth, and shrink losses.

ESCONDIDO, Calif.—April 27, 2005--California Community Bank (OTCBB: CABK), which commenced operations on August 11, 2003, today released its unaudited 2005 first quarter financial results.

After only 19 months of operations, the Bank closed the first quarter of 2005 with an asset base of $59.3 million, an increase of $29.0 million, or 96%, from the first quarter of 2004. Total deposits were $50.4 million, up $30.2 million over the same period a year ago. As of March 31, 2005, total gross loans, the primary revenue driver for the Bank, stood at $40.9 million compared to $15.0 million at March 31, 2004, a record increase of $25.9 million, or 173%.
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TOTAL ASSETS TOP $50 MILLION AT CALIFORNIA COMMUNITY BANK

ESCONDIDO, Calif.--(BUSINESS WIRE)--Jan. 27, 2005--California Community Bank (CABK) having completed its first full calendar year of operations on December 31, 2004, reported continued strong loan and deposit growth during the fourth quarter of 2004. Fourth quarter unaudited results showed growth in total assets of 16% since September 30, 2004, and asset growth of 137% since December 31, 2003. On December 31, 2004, the bank had total assets of $52.3 million and total loans of $36.9 million.  More...

CALIFORNIA COMMUNITY BANK REPORTS OPENING OF SECOND BRANCH IN VISTA

ESCONDIDO, Calif.--(BUSINESS WIRE)--Dec. 23, 2004--California Community Bank (CABK) announced that its new Vista Branch opened for business on December 22, 2004 at 905 South Santa Fe Avenue in Vista. The location is near the intersection of South Santa Fe Avenue and Escondido Avenue. The new branch will be headed up by veteran bankers Senior Vice President, Mike Cavataio and Customer Service Manager, Roz Taque, who are both well known in the Vista market place.  More...

CALIFORNIA COMMUNITY BANK REPORTS RECORD GROWTH

California Community Bank (OTCBB: CABK) having celebrated its one-year anniversary on August 11, 2004, reported continuing strong asset growth for its fourth full quarter of operations. As of September 30, 2004, the Bank reported total assets of $45.3 million, up 17% from the $38.7 million reported at June 30, 2004, and more than double the $22.1 million reported at December 31, 2003.  More...

CALIFORNIA COMMUNITY BANK REPORTS STRONG SECOND QUARTER GROWTH

California Community Bank (CABK) reported unaudited second quarter 2004 growth in assets of 28% since March 31, 2004, and asset growth of 75% since December 31, 2003. On June 30, 2004, the bank had total assets of $38.7 million and total loans outstanding of $22.0 million.  More...

CALIFORNIA COMMUNITY BANK LISTED ON THE OTC BULLETIN BOARD

Escondido, California—(Business Wire)—December 15, 2003—California Community Bank today announced that on November 26, 2003, it received notification that the Company’s common stock would be eligible to trade on the Over-The Counter Bulletin Board (OTCBB) under the symbol “CABK” beginning November 26, 2003.  More...

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