Community Bank, an independent business bank with 17 business centers in Los Angeles, San Bernardino, Riverside, Ventura and Orange Counties, announced today a $0.45 per share cash dividend (aggregating approximately $1,400,000.00) on its outstanding common stock. The dividend was approved at the regularly scheduled Board of Directors meeting held on January 29, 2015. It will be payable on or about March 3, 2015 to common shareholders of record as of February 13, 2015.

“We are pleased to pay a cash dividend to our common shareholders," said David R. Misch, Chief Executive Officer of Community Bank. Misch continued to say, "We believe the dedicated management of the Bank and its capital strength has allowed us to enhance shareholder value through payment of periodic cash dividends.”

Community Bank, with assets exceeding $3.5 billion, was founded in 1945 and is headquartered in Pasadena. The Bank is a regional Southern California Bank with offices in Anaheim, Burbank, Century City, Commerce, Corona, Fontana, Glendale, Huntington Beach, Irvine, Ontario, Pasadena, Redlands, Santa Clarita, Santa Fe Springs, South Bay, Ventura, and Woodland Hills. For more information, visit the Community Bank Website at www.cbank.com.

This press release may contain certain forward-looking statements, including certain plans, expectations, goals and projections (including statements relating to growth, profitability and future dividends), which are subject to numerous assumptions, risks and uncertainties. You can identify such forward-looking statements by use of the terms “believes”, plus”, “expects”, “anticipates”, “intends”, “hopes”, “should”, “estimates”, or words of similar meaning. Actual results could differ materially from those contained in or implied by such statements for a variety of factors including: changes in economic conditions; movements in interest rates; the condition of our loan portfolio; competitive pressures on product pricing and services; our income and level of profitability; success and timing of business strategies; changes in consumer confidence; the nature and extent of governmental actions, and legislative reforms; the impact of regulatory and legal proceedings and rapidly changing technology and evolving banking industry standards.

Community BankNancy Karlson, Chief Financial Officer(626) 568-2076