In these uncertain financial times which our economy is experiencing, I want to share with you some important information about your bank, Community Bank of Broward.

By clicking on the links below, you will be able to view our most recent Quarterly Statement of Condition and the accompanying letter, which was mailed to each of our shareholders.

As you will see, we are a profitable corporation with negligible non-performing assets. The performance ratios for all banks are available from Call Reports which are filed quarterly with the FDIC. In addition, Bauer Financial, which analyzes the financial condition of institutions in the industry and provides independent ratings on them, has given Community Bank of Broward a four star rating, which is considered “Excellent” and qualifies us to be listed on their Recommended Bank & Thrift Report. Call Reports and the Bauer Financial Ratings can be readily accessed by the general public by visiting:

https://cdr.ffiec.gov/public/SearchFacsimiles.aspx
www.bauerfinancial.com

Additionally in 2008, we completed a stock offering of $3.3 million which has further enhanced our capital position, allowing us to grow and prosper.

Community Bank of Broward is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

In May of 2009, the FDIC announced that it will insure all personal account deposits at FDIC-insured institutions (CBB is FDIC insured) up to at least $250,000 per depositor, through December 31, 2013.

I assure you that there is no reason for concern when you bank with Community Bank of Broward. Your bank is safe and sound and we are continuing to perform very well. We acquire most of our business from customer referrals and your greatest contribution is passing the word along about our ongoing success, excellent service and knowledgeable staff.

Should you have any concerns or questions, never fail to call me or any of our employees.

Sincerely,

Bruce M. Keir
President and Chief Executive Officer