ACB: Press Releases

Contact:	Robert Schmermund (202) 857-3104 Jim Eberle (202) 857-3145	Jim Eberle (202) 857-3145 (work) (703) 893-2593 (home) [email protected]	For Immediate Release July 7, 2006 #06-38
E-mail: [email protected]

ACB NASDAQ INDEX BEATS THE BROADER MARKET

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WASHINGTON, DC — The America’s Community Bankers NASDAQ Index (ACBQ) outperformed the broader market indexes in the first six months of the year, spotlighting the strong investment performance of the community banking sector of the financial services industry.

The ACBQ Index posted an increase of 5.5 percent for the six months ended June 30, 2006. The index value was 120.00 at December 31, 2005, and 126.62 at June 30, 2006.

The ACBQ Index clearly outperformed the broader market, with the S&P; 500 Index up only 2.71 percent for the six months ended June 30, 2006. The NASDAQ Composite lost 1.2 percent in that same period.

The ACBQ Index is the most broadly representative index of the community banking sector, including only community banks and thrifts, and excluding large banks and those with specializations in credit cards and international lending.

At June 30, 2006, the Index had a market capitalization of over $215 billion and included 523 community banks.

The Index is calculated on both a price-return and total return basis. Intra-day pricing can be accessed through the symbol ACBQ on several market services. The Index is reported on both a total return and intra-day basis on the ACB website at www.AmericasCommunityBankers.com. The ACBQ data were rebased to a value of 100 for comparison purposes.

America’s Community Bankers is the national trade association committed to shaping the future of banking by being the innovative industry leader strengthening the competitive position of community banks. To learn more about ACB, visit www.AmericasCommunityBankers.com.

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