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CMBC Community Bancorp

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Share Name Share Symbol Market Type
Community Bancorp NASDAQ:CMBC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Community Bancorp Inc. Announces 25% Increase in Quarterly Cash Dividend

23/02/2006 1:05pm

Business Wire


Community Bancorp (NASDAQ:CMBC)
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The board of directors of Community Bancorp Inc. (the "Company") (NASDAQ:CMBC), parent company of Community National Bank, declared a quarterly cash dividend of $0.125 (twelve and one half cents) per share at its meeting held on February 22, 2006. This represents a 25% increase over the $0.10 paid in each of the quarters during the year ended December 31, 2005. The first quarter dividend is payable on March 31, 2006, to stockholders of record at the close of business on March 15, 2006. On January 26, 2006, the Company announced record earnings of $12.6 million for the year ended December 31, 2005. ABOUT COMMUNITY BANCORP INC. Community Bancorp is a bank holding company with $909 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 southwest Riverside County with eleven 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. Information regarding Community Bancorp Inc. and Community National Bank is also available on the Internet at www.comnb.com. FORWARD LOOKING STATEMENTS 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.

1 Year Community Bancorp Chart

1 Year Community Bancorp Chart

1 Month Community Bancorp Chart

1 Month Community Bancorp Chart