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Sales of Community 1st Bank Common Stock Serving as Collateral Completed

^{Published on 2010-07-16 15:05:53 - Market Wire}
 

AUBURN, Calif.--([ BUSINESS WIRE ])--Community 1st Bank (OTCBB: CFBN), today announced the successful completion of sales of Bank common stock serving as collateral to certain loans made by or obtained by the Bank. As a result of the sales, the Bank no longer controls any shares of its common stock as collateral. No Bank insiders participated in the sales.

Community 1^st Bank is headquartered in Auburn, California, with branches in Roseville, downtown Auburn and north Auburn, California. Community 1^st Bank offers a wide range of business and consumer deposit products including remote deposit capture, health savings accounts, online banking, and cash management services. The Bank also offers a full complement of loan products, including commercial, consumer, and real estate loans. For more information about the Bank, visit the Banka™s website at [ www.community1bank.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, competitive pressure in the banking industry, balance sheet management, net interest margin variations, the ability to control costs and expenses, changes in the interest rate environment and financial policies of the United States government and general economic conditions.The Bank disclaims any obligation to update any such factors.