X0202 3 2006-05-01 0 0001302244 Valley Commerce Bancorp VCBP 0001360227 LoBue Fred Philip Jr 200 S. COURT ST. VISALIA CA 93291 1 0 0 0 Common Stock 33209 D Common Stock 2100 I see note Common Stock 9471 I see note Stock Options 5.92 1997-11-18 2007-11-18 Common Stock 21107 D Stock Options 12.09 2004-02-17 2014-02-17 Common Stock 2481 D Reflects 5% dividend declared on February 21, 2006 payable to shareholders of record as of April 28, 2006 and disbursed on or about May 16, 2006. Shares held by Donna S. LoBue, wife of Fred P. LoBue, Jr. Shares held by Fred P. LoBue, Jr in an Individual Retirement Account. 1,489 shares are fully vested. The remaining 992 shares will vest annually at 496 shares per year on the anniversary of the date of grant, February 17, 2004. /s/ Fred P. LoBue, Jr. 2006-04-26