Community Bank of the Bay Reports Second Quarter Earnings

Community Bank of the Bay (OTCBB:CYBAA) reported net
income of $122,000 for the six months ended June 30, 2005, as compared
to a net loss of $200,000 for the same period in 2004.
   "Our financial performance in first half of 2005 marks a
significant milestone for the Bank," said Brian Garrett, President and
CEO. "We are establishing a loyal customer base of individuals,
entrepreneurs, professionals and small businesses that value our
hands-on, accessible style of banking and our commitment to the local
community."
   During the first half of 2005, loan volumes experienced strong
growth, increasing to $30.1 million at June 30, 2005, an increase of
53 percent from $19.7 million at the end of June 2004. Deposits also
grew consistently, reaching $36.9 million at June 30, 2005, an
increase of 18 percent from $31.4 million for the same period in 2004.
   "Our Oakland 1st Fund continues to attract deposits from customers
who share our commitment to enhance the economic vitality of Oakland,"
said Garrett. Deposits designated for the Fund are utilized
exclusively for loans to businesses and individuals who agree to use
the money in Oakland. Every deposit product at the Bank qualifies for
the Fund, which was created in 2004. As of June 30, 2005, Oakland 1st
Fund deposits totaled $11.8 million.
   "Another way we are reaching out to the local community is through
our new SBA loan department, which we established during the second
quarter," said Garrett. "As a locally owned bank, we are committed to
helping businesses in Oakland succeed. With our new SBA product lines,
we can provide the smaller businesses in our community with the
personal attention they deserve for their specialized financing
needs."
   At June 30, 2005, Community Bank of the Bay had $46.8 million in
assets, an increase of 23 percent from $38.1 million at the end of the
second quarter 2004.

   Community Bank of the Bay is located at 1750 Broadway, Oakland,
with free parking provided on-site. The office is open from 9 a.m. to
4 p.m., Monday through Friday. Information on the bank and its
services is available online at www.communitybankbay.com.