Community Bancorp Inc. Named to Sandler O'Neill 2005 Bank & Thrift Sm-All Stars.ESCONDIDO, Calif. -- Community Bancorp Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CMBC CMBC Coast Mountain Bus Company (Surrey, BC, Canada) CMBC Canadian Mennonite Bible College CMBC Camp Memorial Blood Center (US Army) CMBC Castle Morpeth Bridge Club (UK) ), parent company of Community National Bank ("Community") announced today that the Company was named to Sandler O'Neill & Partners, L.P.'s Class of 2005 Sm-All Stars as a top performing small cap publicly traded banking company under $2 billion in market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. based on absolute performance in eight financial variables that measure growth, profitability, credit quality, and capital strength. Sandler O'Neill selects Sm-All Stars to identify top performing small-cap banking companies in the nation before they grow into top-performing mid-cap banks fully recognized by Wall Street. The Class of 2005 Sm-All Stars included only 38 banks and thrifts whose performance qualified them out of 573 eligible nationwide. These exceptional companies delivered nearly two times the level of loan, deposit and earnings growth in the industry over the past twelve months while simultaneously maintaining pristine credit quality and a return on equity that ranks in the top quartile Quartile A statistical term describing a division of observations into four defined intervals based upon the values of the data and how they compare to the entire set of observations. Notes: Each quartile contains 25% of the total observations. for the industry, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Sandler O'Neill's Bank & Thrift Industry Report. "We are proud to be included in the prestigious Class of 2005 Sm-All Stars," stated Michael J. Perdue Perdue may refer to:
Community Bancorp Inc. is a bank holding company with $708.3 million in assets as of March 31, 2005, with a wholly owned banking subsidiary, Community National Bank, headquartered in Escondido, California. The bank's primary focus is community banking, providing commercial banking services including commercial, real estate and SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loans to small and medium sized businesses. The bank serves San Diego County and southwest Riverside County with ten retail banking offices in Bonsall, El Cajon, Encinitas, Escondido, Fallbrook, La Mesa, Murrieta, Santee, Temecula, and Vista, with additional SBA loan production offices that originate loans in California, Arizona, Nevada, and Oregon. www.comnb.com FORWARD-LOOKING STATEMENTS Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, balance sheet management, expanded net interest margin, the ability to control costs and expenses, interest rate changes and financial policies of the United States government (including the Small Business Administration), and general economic conditions. Additional information on these and other factors that could affect financial results are included in its Securities and Exchange Commission filings. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any forward-looking statements contained herein to reflect future events or developments. |
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