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Community Bancorp Inc. Receives 2004 Market Cap Champion Awards.


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 awarded two Carpenter & Company 2004 Market Cap Champion Awards for financial institutions in the $500 million-$1 billion asset class. Community received Market Cap Champion Awards for its three year stock appreciation of 357% and its five year stock appreciation of 491%, both for the period ended December 31, 2004.

"We are very proud of these investor returns and honored to receive these prestigious awards," stated Michael J. Perdue Perdue may refer to:
  • Perdue, Saskatchewan, Canada
  • Perdue Farms, an American chicken-farming corporation
  • Perdue School of Business, in Salisbury University, Salisbury, Maryland
People with the surname Perdue
, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our stock performance is a reflection of our stockholder driven philosophy, and our commitment to making our relationships with our stockholders, customers, and employees profitable, convenient, and satisfying," added Perdue.

The awards were presented at the fourth annual Strategic Issues Summit held at the Balboa Bay Club The Balboa Bay Club & Resort is in Newport Beach, California on 15 waterfront acres and was founded in 1948. It is on the Newport Harbor. See also
  • Newport Back Bay
External links
  • Official website
 & Resort in Newport Beach Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , CA on April 5, 2005. The Summit is sponsored by the California Bankers Association, the largest state trade association in the country and Carpenter & Company, an Irvine-based investment banking firm specializing in financial institutions.

Community National Bank is a bank holding company with $642 million in assets as of December 31, 2004, 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 San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  County and southwest Riverside County with ten retail banking offices in Bonsall, El Cajon El Cajon (ĕl kähōn`), city (1990 pop. 88,693), San Diego co., S Calif.; inc. 1912. Electronic equipment, aircraft parts, irrigation equipment, furniture, and men's suits are among its manufactures. , 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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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 7, 2005
Words:418
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