ANNAPOLIS, Md., Oct. 28 /PRNewswire-FirstCall/ CommerceFirst Bancorp, Inc., (OTC:CMFB) (BULLETIN BOARD: CMFB) , the parent company of CommerceFirst Bank, today released financial results for its 3rd quarter 2005 operations, as follows: CommerceFirst Bancorp, Inc., the holding company for CommerceFirst Bank, reported a consolidated net profit of $737 thousand for the nine-month period ended September 30, 2005 after recording a provision for income tax expense of $492 thousand. The Company reported a consolidated net profit of $956 thousand for the nine-month period ended September 30, 2004 after recording an income tax benefit of $945 thousand. The Company reported a net profit of $350 thousand after recording a provision for income tax expense of $234 thousand for the three-month period ended September 30, 2005 as compared to a net profit of $758 thousand after recording an income tax benefit of $945 thousand for the three month period ended September 30, 2004. The Company reported total assets of $98 million at September 30, 2005, an increase of $22 million or 29% from the $76 million reported at December 31, 2004. Three Nine Months Months 2005 2004 2005 2004 Revenues $1,739,390 $908,347 $4,389,968 $2,493,509 Earnings before income tax 584,424 (186,950) 1,229,660 11,035 Income tax (expense) benefit(1) (234,265) 945,000 (492,265) 945,000 Net earnings 350,159 758,050 737,395 956,035 Earnings per basic and diluted share 0.11 0.92 0.46 1.16 Average basic shares outstanding 1,803,583 822,250 1,595,095 822,250 Average diluted shares outstanding 1,829,431 822,250 1,617,325 822,250 (1) Includes federal and state income taxes. Loan volume, net of allowance, increased 20 million or 39% since December 31, 2004. We continued to deploy the liquid assets provided by our successful 1st quarter public offering into higher yielding assets such as loans and investment securities. As a result, the bank's net interest margin improved from 4.55% for 2004 to 4.82% for year-to-date 2005. In October 2005, the bank filed for regulatory permission to establish its third banking facility, a branch office to be located in a building to be constructed near the Baltimore-Washington International Airport. The office is expected to commence operations late in the second or early in the third quarter of 2006. Further, in October 2005, the bank announced that W. Craig Engelhaupt, a banker with 20 years of commercial banking experience, has joined the organization as Senior Vice President and will lead business development in northern Anne Arundel and Howard Counties. Forward Looking Statements. This press release includes forward looking statements within the meaning of Section 21(e) of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations and estimates as to prospective events and circumstances that may or may not be in the Company's control and as to which there can be no firm assurances given. These forward looking statements are subject to risks and uncertainties; there can be no assurance that any of these forward looking statements may prove to be correct and actual results may differ materially. DATASOURCE: CommerceFirst Bancorp, Inc. CONTACT: Richard J. Morgan, President and Chief Executive Officer of CommerceFirst Bancorp, Inc., +1-410-280-6695 Web site: http://www.commerce1st.com/

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