Contact: Mark Simmons, President/CEO

Phone: 949-870-3860

Fax: 949-870-4499

Press Release

COMMERCE NATIONAL BANK ANNOUNCES 2013 FIRST QUARTER RESULTS NEWPORT BEACH, CA, April 22, 2013 - Commerce National Bank (OTCBB: CNBF), a community business bank in its tenth year of operation, announced its financial results for the first quarter of 2013.

For the quarter ended March 31, 2013, the Bank reported a net profit of $225 thousand, or $0.08 per diluted share, compared to a net profit of $237 thousand, or $0.09 per diluted share, for the quarter ended March
31, 2012. President and CEO Mark E. Simmons stated, "The economy continues to show signs of improvement which allows our customer base to achieve better performance and remain positive in their outlook. This, in turn, will translate into additional business loans and deposits for the Bank as the economy continues to recover."
The Bank's total assets as of March 31, 2013 increased $7.1 million, or 3.0%, to $242.7 million from
$235.7 million at March 31, 2012. Net loans at March 31, 2013 decreased $1.6 million, or 1.1%, to $142.0 million from $143.6 million at March 31, 2012. Total deposits increased $6.1 million, or 3.0%, to $211.4 million at March
31, 2013, compared to $205.3 million at March 31, 2012. Total investments increased $12.9 million, or 19.2%, to
$80.5 million at March 31, 2013, compared to $67.6 million at March 31, 2012. Total equity increased $1.6 million, or 5.6%, to $30.1 million at March 31, 2013, compared to $28.5 million at March 31, 2012. At March 31,
2013, the Bank had a Tier 1 leverage capital ratio of 12.31% and a total risk-based capital ratio of 19.82%, and continued to be well capitalized under applicable regulatory guidelines.
With its headquarters office in Newport Beach near John Wayne airport and a loan production office in Anaheim, the Bank is well positioned to serve businesses, professionals and selected real estate customers throughout Orange County. The Bank is staffed by experienced business bankers who are committed to providing exemplary service to their customers in the business community.

Forward-Looking Statement

This news release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about Commerce National Bank's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: Commerce National Bank's timely development of new products and services, technological changes, changes in consumer spending and savings habits and other risks discussed from time to time in Commerce National Bank's reports and filings with the Office of the Comptroller of the Currency. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and Commerce National Bank does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Commerce National Bank Condensed Statements of Operations

In Thousands (Except Per Share Amounts) - Unaudited



Three Months Ended

Commerce National Bank

Condensed Statements of Financial Condition

In Thousands - Unaudited

March 31

March 31

Assets

2013

2012

Cash & Due From Banks

$4,300

$9,915

Federal Funds Sold & Excess Balances at FRB

9,965

7,540

Investments

80,546

67,601

Loans (Gross)

146,320

147,988

Allowance for Loan and Lease Losses

4,352

4,432

Loans (Net)

141,968

143,556

Other Assets

5,969

7,065

Total Assets

$242,748

$235,677

Liabilities & Shareholders' Equity

Demand Deposits

$61,102

$57,194

Money Market, Savings and NOW Accounts

50,227

40,098

Certificates of Deposit

100,076

108,035

Total Deposits

211,405

205,327

Other Liabilities

1,229

1,844

Total Shareholders' Equity

30,114

28,506

Total Liabilities & Shareholders' Equity

$242,748

$235,677

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