Community Central Bank Corporation Receives Letter From Nasdaq Relating to Its Late Form 10-K

Community Central Bank Corporation CCBD, parent company of Community Central Bank, received a non-compliance notice from The Nasdaq Stock Market stating that the Company was not in compliance with the rules for continued listing because it has not timely filed its Annual Report on Form 10-K for the year ended December 31, 2010. The Nasdaq letter indicated that the Company has until June 6, 2011 to submit a plan to regain compliance. If such a plan is timely submitted by the Company, the Nasdaq Staff can grant the Company up to 180 calendar days from the due date of the Form 10-K to regain compliance. The notification of noncompliance has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market at this time and it will continue to trade under the symbol CCBD. If the Company does not regain compliance by the applicable date or dates, the Nasdaq will provide the Company a written notification that its common stock will be delisted.