Canyon National Bank Declares 5 Percent Dividend.

Business Editors

PALM SPRINGS, Calif.--(BUSINESS WIRE)--Nov. 19, 2003

In line with continued growth and profitability, the board of directors of Canyon National Bank (OTCBB:CYNA) today announced a five percent stock dividend, according to the bank's president, Stephen G. Hoffmann.

The dividend, declared by the bank's board of directors at its November 18th meeting, will be payable to shareholders of record as of Dec. 5, 2003, and will be issued on or about Dec. 19, 2003.

Canyon National Bank achieved net income of $1.4 million resulting in $1.43 in diluted earnings per share for the first nine months of this year. This represents an increase of 40 percent over the same period in 2002.

As a full-service commercial bank, Canyon National Bank is a member of the FDIC. The Palm Springs branch is located at 1711 East Palm Canyon Drive inside the Smoke Tree Village Shopping Center. The Palm Desert branch is located at 74-998 Country Club Drive. Shares of the bank's common stock are traded on the Over the Counter Bulletin Board -- symbol CYNA.

This release may contain certain forward-looking statements within the meaning of private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected the forward-looking statement.

Further information can be obtained at the bank's Web site at www.CanyonNational.com or by calling Stephen G. Hoffmann, president and CEO, 760-325-4442, or via e-mail at info@Canyon National.com.