Pascack Community Bank Announces Year End Earnings for 2007

WESTWOOD, N.J.--(Business Wire)--
Pascack Community Bank, (stock is traded on the OTC Bulletin Board
"OTCBB" under the symbol "PCCB") states its year end earnings for
2007, announces Bruce M. Meisel, the Bank's Chairman and CEO.

The results speak for themselves. At the end of 2007, Pascack had
assets of $161,029,968, a 34% increase over the 2006 year end total of
$120,190,257. The Bank's deposits increased by $21,240,956 or 21%, to
$122,213,867 at the year's end. Net loans, as of year end, increased
by 25% to $87,295,862. Pascack's net income was $495,107 or $.30 per
share.

In terms of building the franchise, Pascack Community Bank
celebrated a year of milestones in 2007, including opening a second
branch in Hackensack, across from the Bergen County Courthouse, in
March 2007. In nine months, the branch opened over 270 new accounts
and generated $20,837,414 in deposits. To further service the
community, an additional Hackensack branch at the corner of Essex
Street and Polifly Road is scheduled to open late in the third quarter
of 2008.

Also, Pascack Community Bank acquired a pre-existing bank building
in the heart of Nutley in January 2008. In anticipation of entering
the Nutley market, the Bank has added three new members to its Board,
all of whom are local business and civic leaders and life-long,
multi-generational residents of Nutley. The branch will be branded as
"Bank of Nutley, a division of Pascack Community Bank." The building
is currently being renovated and will be open for business early in
the third quarter of 2008.

Further, Pascack Community Bank has taken possession of a site in
Rochelle Park and plans to build a branch there in mid-2009. They also
expect to take possession of a prime location in Hillsdale and plan to
build a branch there in mid-2009 for an expected opening in late 2009.

Upon completion and opening of the Bank's branches in Hackensack,
Nutley, Rochelle Park and Hillsdale, the Bank will have met their
short term goal of having six fully operational branches, extending
from the Pascack Valley south through Hackensack and Rochelle Park and
into northern Essex County by the end of 2009.

Pascack Community Bank's lending activities are oriented to
providing exceptional service to small and medium-sized business
customers, professional practices and consumer and retail customers.
Its products include term loans, small business and commercial loans,
commercial and residential mortgages, working capital and home equity
lines of credit and construction loans. Deposit services offered
include various types of personal and business checking accounts,
savings accounts and certificates of deposit. The Bank also offers
24/7 telephone banking, online banking with bill pay, and 24-hour
drive-up/walk-up ATMs.

Pascack Community Bank headquarters is located at 21 Jefferson
Avenue, Westwood, NJ 07675. The Bank is a member of the Federal
Deposit Insurance Corporation and is an Equal Housing/Equal
Opportunity Lender. For more information, please visit the Bank's web
site at www.pascackbank.com.

Turchette Advertising Agency
Debbie Gavin, 973-227-8080, ext. 35
dgavin@turchette.com
or
Pascack Community Bank
Bruce M. Meisel, 201-722-4722

Copyright Business Wire 2008