Community Bank of South Florida Inc (fka CBKS)

[56Chevy]

EI - According to the 2012 Annual Report the number of shares outstanding as of Dec. 2012 was 4,976,521.

I wanted to confirm that number since its been 10 long months when that # was put out. I sent the CFO (Mr. Yunus) an email asking what the current O/S is and I received an email back from the CEO Mr. Robert Epling.

This is what he said in response to the inquiry with portions of his response I put in bold to highlight what I considered key bonus info:

Thank you for your inquiry. The current number of outstanding shares remains at 4,976,521, as it was at year end 2012. As real estate prices in the markets we serve have improved, the non-performing assets of our company has decreased. Our company has stabilized and will show a profit in 2013......and we believe the future will continue to reflect improving profitability. The current book value is approximately $8.43 per share without tax credits. We continue to seek capital through private placement.

Thanking you for your support, we welcome your questions.

Bob Epling


*I appreciate this kind of open response from a company. Sometimes getting info from non-reporting companies is like pulling teeth...but Mr. Epling came through brilliantly.

**Todays closing pps was $3.50 on 2,000 shares of volume.