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