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 June 1, 2005 #05-33
E-mail: [email protected]

26 COMMUNITY BANKS ADDED TO ACB-NASDAQ INDEX

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WASHINGTON, D.C. ─ America’s Community Bankers announced today that 26 community banks were added today to the America’s Community Bankers NASDAQ Index. The index includes more than 500 community banks with a market capitalization in excess of $190 billion.

The index is the most broadly representative stock index for the community bank segment of the banking industry. ACB and NASDAQ launched the index in December 2003, to bring greater visibility to community banks, and in turn, promote greater market liquidity and fairer valuations.

"We are proud to be a member of the ACB-NASDAQ Index," said Steven E. Brady, president and chief executive officer of Ocean Shore Holding Co., Ocean City, N.J. "The index reflects the strength and diversity of the community banking sector of the industry."

The index includes banks and thrifts listed on the NASDAQ, with the exception of any of the 50 largest bank and thrift charters based on asset size, banks classified as having an "international specialization" and banks classified as having a "credit card specialization." Asset size and business classifications are based on the most recently available FDIC data.

When a company is no longer listed, it is removed from the index. Eligible companies are added on June 1 and Dec. 1. The complete list can be accessed on America’s Community Bankers’ website at www.AmericasCommunityBankers.com.

The index is calculated based on price changes throughout the trading day under the symbol ACBQ. The index also is reported daily as a total return index, which means that the value of reinvested dividends is included in the calculation. The index is adjusted for splits and spin-offs.

Additions to the index include the following:

Compass Bancshares Inc., Birmingham, Ala. (CBSS)
Preferred Bank, Los Angeles, Calif. (PFBC)
Bofi Holding Inc., San Diego, Calif. (BOFI)
The Bancorp Inc., Wilmington, Del. (TBBK)
First State Financial Corp., Sarasota, Fla. (FSTF)
Home Federal Bancorp Inc., Nampa, Idaho (HOME)
Ames National Corp., Ames, Iowa (ATLO)
Kentucky First Federal Bancorp, Hazard, Ky. (KFFB)
CommerceFirst Bancorp Inc., Annapolis, Md. (CMFB)
Benjamin Franklin Bancorp Inc., Franklin, Mass. (BFBC)
Enterprise Bancorp Inc., Lowell, Mass. (EBTC)
First Federal of Northern Michigan Inc., Alpena, Mich. (FFNM)
Community Shores Bank Corp., Muskegon, Mich. (CSHB)
Enterprise Financial Services Corp., Clayton, Mo. (EFSC)
Community Bancorp, Las Vegas, Nev. (CBON)
Liberty Bell Bank, Cherry Hill, N.J. (LBBB)
Kearny Financial Corp., Fairfield, N.J. (KRNY)
Ocean Shore Holding Co., Ocean City, N.J. (OSHC)
Brooklyn Federal Bancorp Inc., Brooklyn, N.Y. (BFSB)
Carolina Trust Bank, Lincolnton, N.C. (CART)
Bank of the Carolinas, Mocksville, N.C. (BCAR)
Abington Community Bancorp Inc., Jenkintown, Pa. (ABBC)
FedFirst Financial Corp., Monessen, Pa. (FFCO)
Prudential Bancorp Inc. of Pennsylvania, Philadelphia, Pa. (PBIP)
Citizens & Northern Corp., Wellsboro, Pa. (CZNC)
Summit Financial Group, Moorefield, W.Va. (SMMF)

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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