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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



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Form 10-Q/A

(Amendment No. 1)



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|x | Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ---------------------------------------------------------------------------------------



for the quarterly period ended March 31, 2005



| ̈ | Transition report under Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ----------------------------------------------------------------------------------



for the transition period from
 to
.



Commission File No. 000  26505



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COMMUNITY BANCORP INC.

(Name of issuer in its charter)



|                                                               |  |                                     
|-------------------------------------------------------------- |  | ------------------------------------
|Delaware                                                       |  | 33-0859334                          
|(State or other jurisdiction of incorporation or organization) |  | (I.R.S. Employer Identification No.)
|                                                               | 
|900 Canterbury Place, Suite 300, CA                            |  | 92025                               
|(Address of principal executive offices)                       |  | (Zip Code)                          



Issuers
telephone number: (760) 432-1100



(Former Address)

(Former name, former address and former fiscal year, if changed since last report)



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Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x  No ̈



Check whether or not the Company is an accelerated filer as defined in Exchange Rule Act 12b-2. Yes x  No ̈



Number of shares of common
stock outstanding as of March 31, 2005: 5,263,123



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EXPLANATORY NOTE



This is Amendment No. 1 on Form 10-Q/A to the Quarterly Report on Form 10-Q for the period ended March 31, 2005 of Community
Bancorp Inc. (Company). The Quarterly Report initially was filed with the Securities and Exchange Commission on May 10, 2005. This Amendment No.1 is being filed solely to correct a typographical omission in the certifications set forth
as Exhibits 31.1 and 31.2 to the original Form 10-Q. Accordingly, only Item 6 of Part II and re-executed certifications are included.



Except to the extent expressly set forth herein, this Amendment No. 1 continues to speak as of the date of the original Form 10-Q for the quarter ended
March 31, 2005 and the Company has not updated or amended the disclosures contained herein to reflect events that have occurred since the filing of the original Form 10-Q, or modified or updated those disclosures in any way other than as described
in the preceding paragraph. Accordingly, this Form 10-Q/A should be read in conjunction with the Companys filings made with the SEC subsequent to the filing of the original Form 10-Q on May 10, 2005.



PART II. OTHER INFORMATION



|Item 6 | Exhibits
|------ | --------



Exhibits



|     |  |                             
|---- |  | ----------------------------
|31.1 |  | Rule 13a-14(a) Certification
|31.2 |  | Rule 13a-14(a) Certification
|32   |  | Section 1350 Certifications 



2



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(SIGNATURES)



Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly
authorized.



|                   |  |  |  |                                                                
|------------------ |  |  |  | ---------------------------------------------------------------
|                   |  |  |  | Community Bancorp Inc. (Registrant)                            
|                   |  | 
|Date June 20, 2005 |  |  |  | /s/ Michael J. Perdue                                          
|                   |  |  |  | Michael J. Perdue President and Chief Executive Officer        
|                   |  | 
|Date June 20, 2005 |  |  |  | /s/ L. Bruce Mills, Jr.                                        
|                   |  |  |  | L. Bruce Mills, Jr. Sr. Vice President, Chief Financial Officer



3



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EXHIBIT INDEX



|            |  |                             
|----------- |  | ----------------------------
|Exhibit No. |  | Description                 
|31.1        |  | Rule 13a-14(a) Certification
|31.2        |  | Rule 13a-14(a) Certification
|32          |  | Section 1350 Certifications