Community Bancorp Inc. (NASDAQ:CMBC), parent company of Community National Bank ("Community"), announced today that the Company was awarded the 2005 Market Cap Champion Award for financial institutions in the $500 million-$1 billion asset class by Carpenter & Company, Investment Bankers. Community received the Market Cap Champion Award for its three year stock appreciation of 338%, for the period ended December 31, 2005. "We are very proud of these investor returns and honored to receive this prestigious award for the second year in a row," stated Michael J. Perdue, President and CEO. "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 fifth annual Strategic Issues Summit held at the Balboa Bay Club & Resort in Newport Beach, CA on April 4, 2006. 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 Bancorp is a bank holding company with $908.6 million in assets as of December 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 loans to small and medium sized businesses. The bank serves San Diego County and western Riverside County with twelve community banking offices in Bonsall, El Cajon, Encinitas, Escondido, Fallbrook, La Mesa, Murrieta, Rancho Bernardo, Santee, Temecula, and Vista, a commercial loan production office in Corona, CA and has additional SBA loan production offices that originate loans in California, Arizona, Nevada and Oregon. www.mycnbonline.com 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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