Cuyamaca Bank Declares 5% Stock Dividend.

Business Editors

SANTEE, Calif.--(BUSINESS WIRE)--April 30, 2004

The Board of Directors of Cuyamaca Bank, N.A. (the "Bank") (OTCBB:CUYA) has declared a five percent (5%) common stock dividend to shareholders of record on May 4, 2004, payable May 18, 2004. The stock dividend was declared by the Board of Directors on April 28, 2004. Fractional shares will be paid in cash to shareholders based on the closing stock price as of April 27, 2004 of seventeen dollars ($17.00) per share.

Bruce Ives, the President and CEO of Cuyamaca Bank, said, "This is the third 5% stock dividend paid by the Bank in recent years. 2003 was the fourth consecutive year of record earnings and we are very proud of our record of creating shareholder value."

Founded in 1983, Cuyamaca Bank is an FDIC insured institution and offers local ownership, responsive management and personalized service. Cuyamaca Bank serves San Diego County through offices in Santee, La Mesa, El Cajon, Encinitas and its SBA Department in La Mesa. Cuyamaca Bank is celebrating 20 years of relationship banking in San Diego County.

Cuyamaca Bank is traded under the symbol "CUYA" on the Over-the-Counter Bulletin Board.

This press release includes forward-looking statements that involve inherent risks and uncertainties. Cuyamaca Bank cautions readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include economic conditions generally, including those resulting from the terrorist attacks of September 11, 2001 and their aftermath, and competition in the geographic and business areas in which Cuyamaca Bank operates, inflation, fluctuations in interest rates, legislation and governmental regulation. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.