California Community Bank Posts Record Profitability for Second Quarter 2006.

ESCONDIDO, Calif. -- California Community Bank (OTCBB:CABK), 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.

Condensed Statements of Financial Condition
($ in thousands)

Unaudited                                        6/30/2006  6/30/2005
----------------------------------------------------------------------
Assets
Cash and Due from Banks                             $2,427     $1,635
Federal Funds Sold                                  27,640     21,905

Loans, Net of Deferred Fees and Costs               79,352     51,246
Allowance for Loan Losses                           (1,002)      (578)
                                                 ---------- ----------
     Net Loans                                      78,350     50,668

Other Assets                                           956        870
                                                 ---------- ----------
     Total Assets                                 $109,373    $75,078
                                                 ========== ==========

Liabilities and Shareholders' Equity
Deposits
    Noninterest-Bearing                            $17,567    $13,072
    Interest-Bearing                                69,571     53,108
                                                 ---------- ----------
       Total Deposits                               87,138     66,180

Other Liabilities                                      433        358
                                                 ---------- ----------
       Total Liabilities                            87,571     66,538
                                                 ---------- ----------

Shareholders' Equity
Common Stock - 20,000,000 shares authorized,
 No Par Value; 2,087,193 and 1,219,234 Shares
 Issued and Outstanding at June 30, 2006 and
 June 30, 2005, respectively                        24,747     12,192

Additional Paid in Capital                             114          -

Accumulated Deficit                                 (3,059)    (3,652)
                                                 ---------- ----------
       Total Shareholders' Equity                   21,802      8,540
                                                 ---------- ----------
       Total Liabilities and Shareholders'
         Equity                                   $109,373    $75,078
                                                 ========== ==========


Condensed Statements of Operations
($ in thousands, except per share amounts)

                            Three Months Ended     Six Months Ended
Unaudited                  6/30/2006  6/30/2005  6/30/2006  6/30/2005
-------------------------- ---------- ---------- ---------- ----------
Interest Income               $1,918       $977     $3,592     $1,699
Interest Expense                 704        273      1,240        469
                           ---------- ---------- ---------- ----------
     Net Interest Income       1,214        704      2,352      1,230

Provision for Loan Losses         59        122        190        175
                           ---------- ---------- ---------- ----------
     Net Interest Income
      After Provision for
      Loan Losses              1,155        582      2,162      1,055

Noninterest Income                27         18         53         40

Noninterest Expense
    Salaries and Employee
     Benefits                    575        432      1,127        790
    Occupancy and Equipment
     Expenses                    169        130        330        259
    Other Operating
     Expense                     230        188        435        374
                           ---------- ---------- ---------- ----------
                                 974        750      1,892      1,423
                           ---------- ---------- ---------- ----------
     Income (loss) Before
      Income Taxes               208       (150)       323       (328)
Income Taxes                       1          1          1          1
                           ---------- ---------- ---------- ----------
     Net Income (loss)          $207      $(151)      $322      $(329)
                           ========== ========== ========== ==========


Earnings (Loss) Per Share - Basic
Earnings (Loss) Per Share
 - Basic                       $0.10     $(0.12)     $0.15     $(0.27)
Weighted Average Basic
 Shares                    2,087,193  1,215,455  2,087,193  1,212,743
Net Interest Margin             4.43%      4.44%      4.52%      4.22%



Regulatory Capital Ratios                         6/30/2006  6/30/2005
                                                 ---------- ----------
Total Capital (to Risk-Weighted Assets)              26.49%     17.44%
  Required for Capital Adequacy Purposes              8.00%      8.00%
  Required to be Well-Capitalized                    10.00%     10.00%

Tier 1 Capital (to Risk-Weighted Assets)             25.29%     16.28%
  Required for Capital Adequacy Purposes              4.00%      4.00%
  Required to be Well-Capitalized                     6.00%      6.00%

Tier 1 Capital (to Average Assets)                   19.51%     13.08%
  Required for Capital Adequacy Purposes              4.00%      4.00%
  Required to be Well-Capitalized                     5.00%      5.00%