Community Bancorp (NASDAQ:CMBC)
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From Jun 2019 to Jun 2024
The board of directors of Community Bancorp Inc. (the
"Company") (NASDAQ:CMBC), parent company of Community National Bank,
declared a quarterly cash dividend of $0.10 (ten cents) per share at
its meeting held on November 19, 2005. The fourth quarter dividend is
payable on December 30, 2005, to stockholders of record at the close
of business on December 15, 2005.
On October 20, 2005, the Company announced record earnings of $3.4
million for the quarter ended September 30, 2005. On August 22, 2005,
the Company announced the completion of the acquisition of Rancho
Bernardo Community Bank.
ABOUT COMMUNITY BANCORP INC.
Community Bancorp is a bank holding company with $882 million in
assets as of September 30, 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, 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.