Daniel Felder Joins Community Resource Bank.

ORANGEBURG, S.C. -- Community Bankshares Inc. (CBI) (AMEX:SCB) announced that Daniel Felder has joined Community Resource Bank (CRB) as Vice President. He is based in the Blythewood Office and will serve the Fairfield and Richland County markets. Prior to joining Community Resource Bank, he worked as a commercial banker at Carolina National Bank.

Felder, an Orangeburg, SC native, lives in Columbia. In 2003, he graduated Magna Cum Laude and earned his BS in Finance from Wofford College where he was a Division I NCAA Academic All American. He served as a US Senate Intern for Senator Fritz Hollings during the summer of 2002, and was a member of the Senate Intern Commerce Committee the following January. In 2004, Felder graduated from the South Carolina Bankers Association's Commercial Lending School and has completed the first year of the South Carolina Bankers School.

CRB Regional President, Will Howard said, "Our bank is committed to serving our markets with a renewed energy, and Daniel brings us that energy as well as the experience and financial expertise to help our customers meet their financial goals."

Felder is an avid golfer and also enjoys hunting and fishing. He is a member of the Five Points Rotary Club, the Greater Columbia Chamber of Commerce, and the SC Junior Golf Foundation.

Community Bankshares, Inc.'s common stock is traded on the American Stock Exchange under the ticker symbol SCB. Community Bankshares Inc., based in Orangeburg, South Carolina, is the holding company for Community Resource Bank, N. A. and Community Resource Mortgage, Inc., with banking and mortgage locations in Orangeburg, Sumter, Florence, Blythewood, Ridgeway, and Winnsboro, SC as well as additional mortgage locations in Anderson and Mount Pleasant.

This press release contains forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and several factors could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements relate to anticipated revenues, gross margins, earnings, expansion of mortgage services marketing, improvement of mortgage services efficiency, and growth of the market for our services and products. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: uncertainties associated with market acceptance of and demand for the company's services and products, impact of competitive products and pricing, dependence on third party suppliers, and uncertainties associated with the development of technology. Investors are directed to the company's 2005 annual report, which is available from the company without charge or from its website, www.communitybanksharesinc.com, for a more complete description of the company's business.