Commercial Capital Bancorp, Inc. Announces Agreement to Acquire Lawyers Asset Management; Exchange Balances to be Deposited at C

Commercial Capital Bancorp, Inc. (the "Company"),
(NASDAQ:CCBI), and Lawyers Asset Management, Inc. ("LAMI") announced
today the signing of a definitive agreement ("Agreement") in which the
Company will acquire LAMI in an all stock transaction valued at $8
million. LAMI is a "qualified intermediary", which facilitates
tax-deferred real estate exchanges pursuant to Section 1031 of the
Internal Revenue Code of 1986. LAMI was founded in 1982 and has
completed over 25,000 transactions. LAMI facilitates exchange
transactions predominately within Northern California and the San
Francisco Bay area, through its headquarters in Oakland, California.
Additionally, LAMI provides services nationwide for unique
transactions involving such assets as hotel properties, and business
assets. The transaction, which is subject to the satisfaction of
certain closing conditions, is not subject to regulatory approval and
is expected to close in February 2006. LAMI will operate as a
subsidiary of Commercial Capital Bancorp under the Lawyers Asset
Management brand name, with Lloyd W. Kendall, Jr. continuing to serve
as its President and James G. Beck serving as LAMI's Executive Vice
President and Chief Operating Officer.
   LAMI, as a qualified intermediary, has the discretion to select
the financial institution that will hold on deposit the transaction
related exchange balances. At December 31, 2005, LAMI's exchange
balances totaled in excess of $100 million, of which approximately $50
million were on deposit at Commercial Capital Bank, the Company's Bank
subsidiary. The remaining balances will be deposited at the Bank
within five days of execution of the Agreement. The exchange balances
deposited and maintained at the Bank will increase the Bank's total
deposits and core business transaction deposits, decrease the Bank's
loans to deposits ratio, decrease the Bank's cost of deposits, and
support further loan growth. Additionally, LAMI generates revenues
through each exchange transaction by charging transaction fees, which
fee income will enhance the Company's noninterest income.
   Stephen H. Gordon, Chairman and Chief Executive Officer of CCBI,
commented, "The acquisition of Lawyers Asset Management continues one
of the Company's strategies of further growing its liability base with
high quality, lower cost, commercial business banking and fiduciary
deposits, both organically and through acquisitions. Lawyers Asset
Management is another highly respected, market leading, and service
oriented company. We look forward to their dedicated team joining
ours, and their immediate contribution to the Company."
   Lloyd W. Kendall, Jr., President of Lawyers Asset Management,
stated, "We're very excited to join with Commercial Capital Bancorp
and their family of companies. Being a part of a $5 billion dollar and
growing publicly traded financial institution brings added stature and
financial resources, which are a welcome attribute as we compete in
the marketplace. Additionally, Commercial Capital Bank's income
property investor focus is entirely complementary to the 1031 exchange
business and their other accommodator businesses have benefited from
the parent company's support. I look forward to that same support as
we work collectively to increase our visibility and exchange volume."

   Commercial Capital Bancorp, Inc. is a diversified financial
services company, with $5.2 billion of total assets, at September 30,
2005. The Company provides depository and lending products and
services through 22 banking and 10 lending offices under the
Commercial Capital Bank brand name, and provides 1031 exchange
services to income property investors nationwide through its presence
in 14 markets and 10 states under the TIMCOR Exchange Corporation and
North American Exchange Company brand names.

   This press release may include forward-looking statements related
to the Company's plans, beliefs and goals, which involve certain
risks, and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Such risks
and uncertainties include, but are not limited to, the following
factors: competitive pressure in the banking industry; changes in the
interest rate environment; the health of the economy, either
nationally or regionally; the deterioration of credit quality, which
would cause an increase in the provision for possible loan and lease
losses; changes in the regulatory environment; changes in business
conditions, particularly in California real estate; volatility of rate
sensitive deposits; asset/liability matching risks and liquidity
risks; and changes in the securities markets. The Company undertakes
no obligation to revise or publicly release any revision to these
forward-looking statements.