CommerceWest Bank Reports 62% Increase in Pretax Pre-Provision Income and 125% Increase in Net Income Compared to December 2008 Quarter End Results

Press Release Source: CommerceWest Bank, N.A. CommerceWest Bank Reports 62% Increase in Pretax Pre-Provision Income and 125% Increase in Net Income Compared to December 2008 Quarter End Results Financial performance highlights for the three months ended March 31, 2009: Pretax pre-provision profit of $1.7 million for the quarter, up 62% from the prior quarter and up 25% from the same period in the prior year Net-interest margin of 5.17% for the quarter, up 10% from the prior quarter and up 12% from same period in the prior year Efficiency ratio of 48.15% down 22% from the previous quarter and down 16% a
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CommerceWest Bank Reports 62% Increase in Pretax Pre-Provision Income and 125% Increase in Net Income Compared to December 2008 Quarter End Results

Press Release Source: CommerceWest Bank, N.A. CommerceWest Bank Reports 62% Increase in Pretax Pre-Provision Income and 125% Increase in Net Income Compared to December 2008 Quarter End Results Financial performance highlights for the three months ended March 31, 2009: Pretax pre-provision profit of $1.7 million for the quarter, up 62% from the prior quarter and up 25% from the same period in the prior year Net-interest margin of 5.17% for the quarter, up 10% from the prior quarter and up 12% from same period in the prior year Efficiency ratio of 48.15% down 22% from the previous quarter and down 16% a
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CommerceWest Bank Earns an "A" in Financial Strength Ratings

(OTCBB:CWBK) CommerceWest Bank, NA (Newport Beach, CA) Press ReleaseSource: CommerceWest Bank CommerceWest Bank Earns an "A" in Financial Strength RatingsMonday February 2, 7:07 am ET Quarterly Evaluation by TheStreet.com Ratings, Inc., Highlights CommerceWest Bank's Strength, Ability to Withstand Severe Economic Adversity IRVINE, CA-Feb 2, 2009 - CommerceWest Bank recently announced that it has received a financial strength rating of "A" or "Excellent" from TheStreet.com Ratings, the nation's leading independent provider of ratings and analyses of financial services companies, mutual funds, and stocks. According to TheStreet.com Ratings, a financial strength rating of "A" or "Excellent" recognizes CommerceWest Bank as an outstanding ins
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CommerceWest Bank Earns an "A" in Financial Strength Ratings

(OTCBB:CWBK) CommerceWest Bank, NA (Newport Beach, CA) Press ReleaseSource: CommerceWest Bank CommerceWest Bank Earns an "A" in Financial Strength RatingsMonday February 2, 7:07 am ET Quarterly Evaluation by TheStreet.com Ratings, Inc., Highlights CommerceWest Bank's Strength, Ability to Withstand Severe Economic Adversity IRVINE, CA-Feb 2, 2009 - CommerceWest Bank recently announced that it has received a financial strength rating of "A" or "Excellent" from TheStreet.com Ratings, the nation's leading independent provider of ratings and analyses of financial services companies, mutual funds, and stocks. According to TheStreet.com Ratings, a financial strength rating of "A" or "Excellent" recognizes CommerceWest Bank as an outstanding ins
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CommerceWest Bank Reports Annual Financial Results and 24th Consecutive Profitable Quarter

(OTCBB:CWBK) CommerceWest Bank, NA (Newport Beach, CA) Press ReleaseSource: CommerceWest Bank CommerceWest Bank Reports Annual Financial Results and 24th Consecutive Profitable QuarterMonday January 26, 6:07 am ET IRVINE, CA-Jan 26, 2009 - CommerceWest Bank -Financial performance highlights for the twelve months ended December 31, 2008:  - Net income of $2,115,000 for the twelve months ended December 31, 2008 or $0.67 per basic common share and $0.65 per diluted common share - 24th consecutive profitable quarterly result - 5 Star rated by BauerFinancial, Premier rated by Findley Reports, and 4 Star rated by bankrate.com - Tier 1 leverage ratio of 14.35% on December 31, 2008, as compared to 13.62% on December 31, 2007, an increase of 5% year over year - Opted to fully FDIC insure all non-interes
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CommerceWest Bank Reports Annual Financial Results and 24th Consecutive Profitable Quarter

(OTCBB:CWBK) CommerceWest Bank, NA (Newport Beach, CA) Press ReleaseSource: CommerceWest Bank CommerceWest Bank Reports Annual Financial Results and 24th Consecutive Profitable QuarterMonday January 26, 6:07 am ET IRVINE, CA-Jan 26, 2009 - CommerceWest Bank -Financial performance highlights for the twelve months ended December 31, 2008:  - Net income of $2,115,000 for the twelve months ended December 31, 2008 or $0.67 per basic common share and $0.65 per diluted common share - 24th consecutive profitable quarterly result - 5 Star rated by BauerFinancial, Premier rated by Findley Reports, and 4 Star rated by bankrate.com - Tier 1 leverage ratio of 14.35% on December 31, 2008, as compared to 13.62% on December 31, 2007, an increase of 5% year over year - Opted to fully FDIC insure all non-interes
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Southern California Banker Attends American Bankers Association Meeting

(OTCBB:CWBK) CommerceWest Bank, NA (Newport Beach, CA) Press ReleaseSource: CommerceWest Bank Southern California Banker Attends American Bankers Association MeetingMonday December 8, 8:33 pm ET IRVINE, CA-Dec 8, 2008 - CommerceWest Bank - Ivo Tjan, Chairman and CEO of CommerceWest Bank, recently returned from a meeting of America's Community Bankers Council, a division of the American Bankers Association in Washington, D.C. Composed of approximately 100 bankers representing all 50 states, the Council meets twice each year to advise the Association on issues affecting the nation's community banks and their clients. Council members discussed how recent legislation and regulatory proposals have impacted their local communities, including Treasury's capital purchase program, and fair v
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CommerceWest Bank Will Not Apply for Federal TARP Money

(OTCBB:CWBK) CommerceWest Bank, NA (Newport Beach, CA) Press ReleaseSource: CommerceWest Bank CommerceWest Bank Will Not Apply for Federal TARP MoneyWednesday November 26, 2:55 pm ET IRVINE, CA-Nov 26, 2008 - CommerceWest Bank , one of the strongest banks in California, announced recently that it did not apply for funds available through the Capital Purchase Program, which is part of the federal government's Troubled Assets Relief Program to provide banks with fresh capital. "After careful consideration, we have made a business decision that CommerceWest Bank will not seek federal TARP funds," said Ivo Tjan, Chairman and CEO."CommerceWest Bank is a well capitalized Bank, with sufficient capital to grow our business and take advantage of acquisition opportunities. With our
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CommerceWest Bank Reports Financial Results for Third Quarter and Year to Date

(OTCBB:CWBK) CommerceWest Bank, NA (Newport Beach, CA) Press ReleaseSource: CommerceWest Bank CommerceWest Bank Reports Financial Results for Third Quarter and Year to DateWednesday October 22, 6:07 pm ET IRVINE, CA-Oct 22, 2008 - CommerceWest Bank Financial performance highlights for the nine months ended September 30, 2008:  - Net income of $1,973,000 for the nine months ended September 30, 2008 or $0.62 per basic common share and $0.60 per diluted common share - Allowance for loan losses as a percent of total loans of 1.65%, up 17% year over year - Return on assets of 1.08% - No exposure to FNMA or FHLMC preferred stock - "Well" capitalized as designated by regulatory agencies  Selected Financial Data For the Three Months Ended Sept 30, June 30, 2008
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