|        |
|--------|
|        |  |  |  |  |
|        |   |   |   |
|   |   | For immediate release: |
|   |   | April 29, 2016 |
|   |   |   |
|   |   | For more information: |
|   | David L. Nielsen, CFO, 980.819.6220 |
|   | investorrelations@community1.com |
|   |   |   |

|         |                                                                                                                  |
|---------|------------------------------------------------------------------------------------------------------------------|
| • | Net income in 1Q 2016 was $3.9 million ($0.16 per diluted share), an increase of 55% from net income in 1Q 2015. |

|         |                                                                                                                                                                             |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net interest income grew 6% from 1Q 2015 to $17.8 million.  Net interest margin was 3.38% in 1Q 2016, up 9 basis points from 4Q 2015 and down 16 basis points from 1Q 2015. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Credit performance continued to be positive during 1Q 2016, as nonperforming loans were 1.2% of total loans, and net recovery of provision for loan losses was $0.5 million. Net charge-offs were $0.4 million in 1Q 2016, and this quarter’s annualized net charge-offs as a percent of average loans held for investment were 11 basis points, compared to 6 basis points in the same period in 2015. |

|         |                                                                                                |
|---------|------------------------------------------------------------------------------------------------|
| • | Nonperforming assets fell 21% from a year ago to $32.6 million, and were 1.4% of total assets. |

|         |                                                                                                                                                                                               |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Noninterest income grew 57% from 1Q 2015 to $6.3 million in 1Q 2016, including $1.8 million relating to the sale of a $46.9 million mortgage loan portfolio to Fannie Mae during the quarter. |

|         |                                                                                                                                                                                                  |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Noninterest expenses, including merger related expenses of $0.8 million, were $18.4 million in 1Q 2016, up 2% from 1Q 2015.  Average full time equivalent employees of 535 fell 6% from 1Q 2015. |

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