Community Bank Appoints Lyle R. Knight to the Board of Directors

PASADENA, Calif.--(BUSINESS WIRE)-- The Community Bank Board of Directors has appointed Lyle R. Knight as a Board Member effective immediately.

Mr. Knight has held executive positions at various financial institutions such as Caliber Bank (an affiliate of Bank of America), Norwest Bank (merged with Wells Fargo), Pacific Century Bank of Arizona and Security Pacific Bank of Nevada. Most recently, he served as President and Chief Executive Officer at First Interstate BancSystem, Inc., a $9 billion community bank based in Montana. His past experience also includes Vice President of the Federal Advisory Council where he acted as an advisor to Chairman Bernanke and the Federal Reserve Board of Governors.

Knight received his Bachelors of Science in Banking and Finance from the University of Utah. He is an Honors Graduate of the Pacific Coast Banking School at the University of Washington.

Throughout his career Mr. Knight has been involved in community service at various organizations. His service includes Chair positions for organizations such as the Montana Bankers Association, Montana State Chamber of Commerce, Nevada Bankers Association and Arizona State Chamber of Commerce. He has served on the Board of Directors of organizations such as Pacific Steel and Recycling and Skymall, Inc.

David R. Misch, Chief Executive Officer of the Bank, said “We are extremely pleased to have attracted someone of Lyle’s knowledge, judgment and experience. He is an ideal complement to the current composition of Community Bank’s board.”

Marshall V. Laitsch, the Bank’s Chairman of the Board, added “We look forward to the contributions Lyle will make in advancing the growth and development of Community Bank. His experience in family-owned businesses, community banking and leadership in all facets of banking represent a strong addition to the Company.”

ABOUT COMMUNITY BANK

Community Bank is an independent and family-owned regional business bank with assets of $3.6 billion and 17 locations throughout Southern California. Founded in 1945, Community Bank utilizes its experience, suite of financial services and unique Partnership Banking® approach to help its clients grow and succeed. For more information on Community Bank, log on to www.cbank.com. Member FDIC.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160419006392/en/

Community Bank
David R. Misch, CEO
(626) 568-2001

Source: Community Bank

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