EX-99
2
ex99.htm
PRESS RELEASE DATED APRIL 3, 2006
Exhibit 99
Media Contact:
FOR IMMEDIATE RELEASE
Barry B. Davall
732-706-9009
Community Partners Bancorp Completes Acquisition of Two River Community Bank and
The Town Bank
MIDDLETOWN, NEW JERSEY, April 3, 2006 - Community Partners Bancorp (NASDAQ: CPBC)
announced today that it has completed the transaction by which it became the new
holding company for Two River Community Bank and The Town Bank. The transaction
took effect on April 1, 2006. On that date, each share of Two River Community
Bank common stock was converted into the right to receive one share of Community
Partners common stock, and each share of Town Bank common stock was converted
into the right to receive 1.25 shares of Community Partners common stock, plus
cash in lieu of any fractional shares. Registrar & Transfer Company, the
transfer agent for Community Partners, will mail transmittal letters to the
shareholders of Two River and Town Bank, with instructions for those
shareholders to exchange their bank stock certificates for certificates
representing stock in the new holding company. The common stock of Community
Partners Bancorp has been listed for trading on the NASDAQ Capital Market under
the symbol "CPBC".
Based on pro forma combined financials, at December 31, 2005 Community Partners
Bancorp has total assets of over $459 million, loans of approximately $354
million and deposits of approximately $385 million, making it the 22
nd
largest New Jersey-based bank holding company based on size of assets.
Community Partners has 11 banking offices stretching from Wall Township in
Monmouth County to Westfield in Union County, New Jersey.
Curtis Securities LLC served as financial advisor and Pitney Hardin LLP served
as legal counsel to Two River Community Bank in connection with this
transaction. Janney Montgomery Scott LLC served as financial advisor and
Norris, McLaughlin & Marcus, P.A. acted as legal counsel for The Town Bank.

EX - 99 2 ex99 . htm PRESS RELEASE DATED APRIL 3 , 2006 Exhibit 99 Media Contact : FOR IMMEDIATE RELEASE Barry B. Davall 732 - 706 - 9009 Community Partners Bancorp Completes Acquisition of Two River Community Bank and The Town Bank MIDDLETOWN , NEW JERSEY , April 3 , 2006 - Community Partners Bancorp ( NASDAQ : CPBC ) announced today that it has completed the transaction by which it became the new holding company for Two River Community Bank and The Town Bank . The transaction took effect on April 1 , 2006 . On that date , each share of Two River Community Bank common stock was converted into the right to receive one share of Community Partners common stock , and each share of Town Bank common stock was converted into the right to receive 1 . 25 shares of Community Partners common stock , plus cash in lieu of any fractional shares . Registrar & Transfer Company , the transfer agent for Community Partners , will mail transmittal letters to the shareholders of Two River and Town Bank , with instructions for those shareholders to exchange their bank stock certificates for certificates representing stock in the new holding company . The common stock of Community Partners Bancorp has been listed for trading on the NASDAQ Capital Market under the symbol " CPBC " . Based on pro forma combined financials , at December 31 , 2005 Community Partners Bancorp has total assets of over $ 459 million , loans of approximately $ 354 million and deposits of approximately $ 385 million , making it the 22 nd largest New Jersey - based bank holding company based on size of assets . Community Partners has 11 banking offices stretching from Wall Township in Monmouth County to Westfield in Union County , New Jersey . Curtis Securities LLC served as financial advisor and Pitney Hardin LLP served as legal counsel to Two River Community Bank in connection with this transaction . Janney Montgomery Scott LLC served as financial advisor and Norris , McLaughlin & Marcus , P . A . acted as legal counsel for The Town Bank .
O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O B-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY O O O B-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY O B-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY O O O O O O O O O O B-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY O O O O O O O O O O O O O O O O O O O O O O B-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY O B-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O B-Advisors.GENERIC_CONSULTING_COMPANY I-Advisors.GENERIC_CONSULTING_COMPANY I-Advisors.GENERIC_CONSULTING_COMPANY O O O O O B-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY O O O O O O O O O O O O O O O B-Advisors.GENERIC_CONSULTING_COMPANY I-Advisors.GENERIC_CONSULTING_COMPANY I-Advisors.GENERIC_CONSULTING_COMPANY I-Advisors.GENERIC_CONSULTING_COMPANY O O O O O B-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY I-Advisors.LEGAL_CONSULTING_COMPANY O O O O O O O O O