|Exhibit 11                                                                                 
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|COMMUNITY BANCORP.                                                                         
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|PRIMARY EARNINGS PER SHARE                                                                 
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|For The Fourth Quarter Ended December 31,                                                  
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|Net Income                                                                                 
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|Average Number of Common Shares Outstanding                                                
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|Earnings Per Common Share                                                                  
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|For the Year Ended December 31,                                                            
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|Net Income                                                                                 
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|Average Number of Common Shares Outstanding                                                
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|Earnings Per Common Share                                                                  
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|FULLY DILUTED EARNINGS PER SHARE                                                           
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|For The Fourth Quarter Ended December 31,                                                  
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|Net Income                                                                                 
|Adjustments to Net Income(1)                                                               
|Adjusted Net Income                                                                        
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|Average Number of Common Shares Outstanding                                                
|Increase in Shares(1)                                                                      
|Adjusted Average Number of Common Shares Outstanding                                       
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|Earnings Per Common Share Assuming Full Dilution                                           
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|For the Year Ended December 31,                                                            
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|Net Income                                                                                 
|Adjustments to Net Income(1)                                                               
|Adjusted Net Income                                                                        
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|Average Number of Common Shares Outstanding                                                
|Increase in Shares(1)                                                                      
|Adjusted Average Number of Common Shares Outstanding                                       
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|Earnings Per Common Share Assuming Full Dilution                                           
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|(1) Assuming conversion of subordinated convertible debentures                             
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|Per share data for 2001 and 2000 restated to reflect a 5% stock declared in December, 2002.