Commerce National Bank Appoints Larry V. Sorensen Executive Vice President and Chief Financial Officer.

NEWPORT BEACH, Calif. -- Commerce National Bank (OTCBB:CNBF), a community business bank, today announced that Larry V. Sorensen has been appointed Executive Vice President and Chief Financial Officer.

"Mr. Sorensen joins Commerce National Bank with over twenty-three years experience in both the regulatory and private sectors of the financial institutions industry," said President and CEO Mark E. Simmons. Mr. Sorensen brings significant experience in asset liability management, liquidity, funding and pricing strategies, and financial reporting. Most recently, Mr. Sorensen was the Executive Vice President and Chief Financial Officer of Northern Empire Bancshares, a publicly traded bank holding company, which owned Sonoma National Bank. Prior to that, he held management positions with Golden West Financial Corporation and the Federal Home Loan Bank of San Francisco. Mr. Sorensen is a graduate of the University of Colorado with a B.S. in Business Administration, and the Stonier Graduate School of Banking.

With offices in Newport Beach near the John Wayne Airport and Fullerton, California, the bank is well positioned to serve businesses, professionals and selected real estate customers in both the northern and southern parts of Orange County. The offices are staffed by experienced business bankers who are committed to providing exemplary service to their customers in the business community.

Forward Looking Statement

This news release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about Commerce National Bank's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: Commerce National Bank's timely development of new products and services, technological changes, changes in consumer spending and savings habits and other risks discussed from time to time in Commerce National Bank's reports and filings with the Office of the Comptroller of the Currency. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and Commerce National Bank does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.