Valley Bancorp Announces Shareholder Approval of Merger with Community Bancorp

  
    
  
  
    
      Valley Bancorp (NASDAQ:VLLY), the holding company for Valley 
      Bank, announced that at today’s special 
      shareholder meeting, shareholders had approved the pending merger of 
      Valley Bancorp with and into Community Bancorp, also headquartered in 
      Las Vegas, Nevada.
    
    
      About Valley Bancorp
    
    
      Valley Bancorp is a Nevada state-chartered bank holding company formed 
      in mid-2001. It operates through Valley Bank, a Nevada state-chartered 
      bank that commenced operations in October 1998 with the mission of 
      providing community banking service to Southern Nevada. The bank 
      provides a variety of lending products and services, focusing primarily 
      on commercial construction and commercial real estate loans to small and 
      medium sized businesses and developers located in and around Las Vegas 
      and Pahrump, Nevada.
    
    
      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 the possibility that planned acquisitions and relative 
      cost savings cannot be realized or realized within the expected time 
      frame; revenues are lower than expected; competitive pressure among 
      depository institutions increases significantly; the integration of 
      acquired businesses costs more, takes longer or is less successful than 
      expected; the cost of additional capital is more than expected; a change 
      in the interest rate environment reduces interest margins; general 
      economic conditions, either nationally or in the market areas in which 
      Community Bancorp and Valley Bancorp do business, are less favorable 
      than expected; legislative or regulatory requirements or changes 
      adversely affect Community Bancorp’s and 
      Valley Bancorp’s respective businesses; 
      changes in the securities markets; Community Bancorp’s 
      ability to consummate the acquisition of Valley Bancorp, or to achieve 
      expected synergies and operating efficiencies within expected 
      time-frames or at all or to successfully integrate Valley Bancorp’s 
      operations; regulatory approvals for the proposed acquisitions cannot be 
      obtained on the terms expected or on the anticipated schedule. Additional 
      information on these and other factors that Community Bancorp could 
      affect financial results are included in our Securities and Exchange 
      Commission filings.
    
    
      When used in this release, the words or phrases such as “is 
      expected to be”, “management 
      expects that”, “will 
      continue”, “is 
      anticipated”, “estimate”, 
      “projected”, or 
      similar expressions, are intended to identify “forward-looking 
      statements” within the meaning of the Private 
      Securities Litigation Reform Act of 1995 (“PSLRA”). 
      Readers should not place undue reliance on the forward-looking 
      statements, which reflect management’s view 
      only as of the date hereof. Community Bancorp undertakes no obligation 
      to publicly revise these forward-looking statements to reflect 
      subsequent events or circumstances. This statement is included for the 
      express purpose of protecting Community Bancorp within PSLRA’s 
      safe harbor provisions
    
  
Valley Bancorp (NASDAQ:VLLY), the holding company for Valley Bank,
announced that at today's special shareholder meeting, shareholders
had approved the pending merger of Valley Bancorp with and into
Community Bancorp, also headquartered in Las Vegas, Nevada.

   About Valley Bancorp

   Valley Bancorp is a Nevada state-chartered bank holding company
formed in mid-2001. It operates through Valley Bank, a Nevada
state-chartered bank that commenced operations in October 1998 with
the mission of providing community banking service to Southern Nevada.
The bank provides a variety of lending products and services, focusing
primarily on commercial construction and commercial real estate loans
to small and medium sized businesses and developers located in and
around Las Vegas and Pahrump, Nevada.

   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 the possibility that planned acquisitions and
relative cost savings cannot be realized or realized within the
expected time frame; revenues are lower than expected; competitive
pressure among depository institutions increases significantly; the
integration of acquired businesses costs more, takes longer or is less
successful than expected; the cost of additional capital is more than
expected; a change in the interest rate environment reduces interest
margins; general economic conditions, either nationally or in the
market areas in which Community Bancorp and Valley Bancorp do
business, are less favorable than expected; legislative or regulatory
requirements or changes adversely affect Community Bancorp's and
Valley Bancorp's respective businesses; changes in the securities
markets; Community Bancorp's ability to consummate the acquisition of
Valley Bancorp, or to achieve expected synergies and operating
efficiencies within expected time-frames or at all or to successfully
integrate Valley Bancorp's operations; regulatory approvals for the
proposed acquisitions cannot be obtained on the terms expected or on
the anticipated schedule. Additional information on these and other
factors that Community Bancorp could affect financial results are
included in our Securities and Exchange Commission filings.

   When used in this release, the words or phrases such as "is
expected to be", "management expects that", "will continue", "is
anticipated", "estimate", "projected", or similar expressions, are
intended to identify "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 ("PSLRA").
Readers should not place undue reliance on the forward-looking
statements, which reflect management's view only as of the date
hereof. Community Bancorp undertakes no obligation to publicly revise
these forward-looking statements to reflect subsequent events or
circumstances. This statement is included for the express purpose of
protecting Community Bancorp within PSLRA's safe harbor provisions