OAKLAND, CA--(Marketwire - February 3, 2010) - Community Bank of the Bay (OTCBB: CBYAA) releases their earnings for the fourth quarter of 2009.

"We were very fortunate, and stayed clear of most of the issues that have so severely impacted other banks," said Brian Garrett, Chief Executive Officer. "That being said, we did have a loss in the fourth quarter of $105,451. The operating results for the fourth quarter continued an improving trend as the loss for the quarter was 85% better than the $687,648 loss reported for the same period in 2008, and 55% better than the $234,000 loss in the third quarter of 2009. We were able to identify and aggressively deal with the relatively few problem loans we had, and the result has been a steady trend of improving financial performance," said Mr. Garrett. This is further illustrated in the table below.

                                   Q4-2008       Q4-2009        Change
                                 ------------  ------------  ------------
Assets                           $      68.2M  $      83.8M          22.4%
                                 ------------  ------------  ------------
Nonperforming Assets                     8.68%         1.40%       (83.87%)
                                 ------------  ------------  ------------
Loans                            $      40.3M  $      57.2M          41.8%
                                 ------------  ------------  ------------
Deposits                         $      57.5M  $        73M          27.0%
                                 ------------  ------------  ------------
Net Income Margin                        2.60%         4.71%        81.15%
                                 ------------  ------------  ------------

William Keller, President and COO, stated, "We made a lot of progress in 2009. While the first half of the year was devoted to dealing with asset quality issues, the second half of the year was focused on positioning the Bank for its stock offering and future growth. We feel very fortunate to have attracted experienced and extremely well regarded bankers in the Danville and San Jose markets. The entire Bank worked together in the key areas of loan and deposit growth, net income margins and reductions in nonperforming assets."

Mr. Keller added, "Community Bank of the Bay remains committed to meeting the banking needs of our clients and returning value to our shareholders." The Bank has offices in Oakland and Danville and in November added Robert Gionfriddo as Silicon Valley Regional President to lead the efforts in the South Bay. Community Bank of the Bay serves the financial needs of a variety of commercial customers including businesses, professional service firms, and non-profit organizations. Information on the bank is available online at www.communitybankbay.com

Contact Information: Media contact: Brian Garrett CEO (510) 433-5402 William Keller President (510) 433-5404