Evansville, IN, April 25, 2006 – American Community Bancorp, Inc. (OTCBB: ACBP) (the “Company”), the holding company for Bank of Evansville , announced today its board of directors has declared a 5 percent stock dividend.  The dividend is payable on June 9, 2006, to shareholders of record as of the close of business on May 25, 2006.  The dividend will increase the number of outstanding shares to approximately 1,681,867.

Michael S. Sutton, President and Chief Executive Officer, stated, “We believe this stock dividend is a step toward improving the liquidity of our stock and will, over time, improve shareholder value.This stock dividend provides an opportunity to reward our shareholders without placing capital constraints on our ability to grow.”

The table accompanying this press release indicates the impact of the stock dividend on per share results for the first quarter of 2006 and 2005 and for the years ended December 31, 2005 and 2004.

American Community Bancorp, Inc., through its wholly owned subsidiary, Bank of Evansville, provides a full range of commercial and consumer banking services in the Evansville, Indiana, area.

This news release contains forward looking statements within the meaning of the safe harbor provisions of the Private Securities Act of 1995. Such statements are based on management’s current expectations and are subject to a number of risk factors and uncertainties which could cause actual results to differ materially from those described in the forward looking statements.

Earnings Per Share Restatement for 5 Percent Stock Dividend