10/16/2015: INCREASE IN THIRD QUARTER EARNINGS

16% INCREASE IN THIRD QUARTER EARNINGS

Chino, California, October 16, 2015 – The Board of Directors of Chino Commercial Bancorp (“CCBC”), the parent company of Chino Commercial Bank, N.A., announced net earnings for the Company and the consolidated Bank for the third quarter ended September 30, 2015 with net earnings of $336,328 or an increase of 16%, as compared with net income of $289,916 for the same quarter last year. Net income per basic and diluted share for the third quarter 2015 was $0.33 as compared to $0.28 for the same quarter last year. The Company’s income for the nine months ended September 30, 2015 increased 14.9% to $1,008,749 or $0.98 per basic and diluted share as compared with net earnings of $877,887 or $0.86 per basic and diluted share for the same period in 2014. Dann H. Bowman, President and Chief Executive Officer, stated, “The Bank’s operating performance in the third quarter and year-to-date has been very strong. Credit quality remains solid with the Bank having no credit losses over the first three quarters, no Non-performing assets, and no foreclosed properties. Economic conditions in the Inland Empire continue to improve and the business climate is very good. With the Bank’s strong balance sheet, we have the capacity to expand our lending within the community and grow the organization.” Financial Condition At September 30, 2015, total assets were $164.3 million, which was an increase of $34.1 million or 26.2% over $130.1 million at December 31, 2014. Deposits increased by $18.1 million or 15.7% to $133.5 million at September 30, 2015, from $115.4 million at December 31, 2014. Loans net of unearned fees increased 4.8% in the nine months ended September 30, 2015 to $87.2 million from $83.2 million at December 31, 2014. The Bank’s loan quality remained consistent during the second quarter as nonperforming assets and OREO remained at zero at September 30, 2015 and December 31, 2014, respectively. Earnings The Company posted net interest income of $1,310,757 and $1,081,338 for the three months ended September 30, 2015 and 2014, respectively, or an increase of $229,419 or 21.2%. For the nine months ended September 30, 2015 the Company posted net interest income of $3,783,457, compared to $3,087,463 for the same period in 2014, or an increase of $695,994 or 22.5%. Average interest-earning assets were $143.0 million with average interest-bearing liabilities of $69.8 million, yielding a net interest margin of 3.64% for the third quarter of 2015; as compared to the average interest-earning assets of $114.9 million with average interest- bearing liabilities of $55.5 million, yielding a net interest margin of 3.73% for the third quarter of 2014. Non-interest income totaled $350,622 for the third quarter of 2015, or a decrease of 11.9% from $398,190 earned during the third quarter of 2014. For the nine months ended September  30,  2015,  non-interest  income  totaled  $1,108,975  or  a  10.4%  decrease  from $1,237,134 earned during the same period in 2014. General and administrative expenses were $1,115,633 for the three months ended September 30, 2015, as compared to $1,012,807 for the third quarter of 2014. The largest component of general and administrative expenses was salary and benefits expense of $650,333 for the third quarter of 2015, as compared to $570,831 for the three months ended September 30, 2014. Regulatory assessments increased to $31,611 or 7.0% in the third quarter of 2015, compared to $29,537 in the third quarter of 2014. Legal, Audit, and Other Professional fees decreased by 44.2% to $32,980 in the third quarter of 2015, from $59,100 in the quarter ended September 30, 2014 due to an overall decrease in audit fees. Income tax expense was $209,175 for the three months ended September 30, 2015, as compared to $176,805 for the three months ended September 30, 2014. The effective income tax rate for the third quarter of 2015 and 2014 is approximately 38.3% and 37.9%, respectively.     Forward-Looking Statements The statements contained in this press release that are not historical facts are forward- looking statements based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company. Readers are cautioned not to unduly rely on forward-looking statements. Actual results may differ from those projected. These forward-looking statements involve risks and uncertainties including but not limited to the health of the national and California economies, the Company’s ability to attract and retain skilled employees, customers’ service expectations, the Company’s ability to successfully deploy new technology and gain efficiencies there from, changes in interest rates,  loan  portfolio performance, and other factors. Contact: Dann H. Bowman, President and CEO or Melinda M. Milincu, Vice President and CFO, Chino Commercial Bancorp and Chino Commercial Bank, N.A., 14245 Pipeline Avenue, Chino, Ca. 91710, (909) 393-8880.