Exhibit 99.1

PEOPLE’S COMMUNITY CAPITAL CORPORATION

FOR MORE INFORMATION, CALL
TOMMY B. WESSINGER, CEO or
THOMAS H. LYLES, PRESIDENT
AT (803) 641-0142

PEOPLE’S COMMUNITY CAPITAL CORPORATION ANNOUNCES THIRD QUARTER EARNINGS

AIKEN, SOUTH CAROLINA, October 21, 2003 – – PEOPLE’S COMMUNITY CAPITAL CORPORATION (OTCBB:PPLM), holding company for PEOPLE’S COMMUNITY BANK, announced that for the three months ended September 30, 2003, net income increased to $292,694, or $0.27 per common share, compared to $280,026, or $0.27 per common share, for 2002, an increase of 4%. For the nine month period ended September 30, 2003, net income was $821,366, or $0.75 per common share, compared to $722,469, or $0.69 per common share, for the same period in 2002, an increase of 14%. All per share amounts have been adjusted for stock dividends paid.

Total assets for the company were at $109 million at September 30, 2003, a 7% increase since December 31, 2002 and a 6% increase since September 30, 2002. Net loans were at $61 million, representing a 1% increase since last year-end and an increase of 2% since September 30, 2002. Deposits were at $94 million, an 8% increase since December 31, 2002 and a 7% increase over the same quarter last year.

The company’s allowance for credit losses was increased by $19,000 for the quarter ending September 30, 2003, bringing the ending reserve to $915,000, or 1.48% of loans. There were $4,060 of net loans charged off in the third quarter of 2003 compared to $27,764 of net charge offs in the third quarter of 2002. Year to date net charge offs for 2003 were $3,258 for the first nine months of 2003 compared to $30,261 for the same period in 2002. There were $10,483 of non-performing loans at September 30, 2003 compared to $475,785 at September 30, 2002, representing 0.02% and 0.79% of total loans, respectively.

People’s Community Capital Corporation is a bank holding company for People’s Community Bank of South Carolina in Aiken with three principal banking offices at 1715 Whiskey Road and 125 Park Avenue in Aiken and 518 Georgia Avenue in North Augusta. The Company’s stock is traded on the OTC Bulletin Board under the symbol PPLM. Internet banking is offered through the bank’s web site at www.pcbOnline.net.

Statements contained in this press release that are not historical facts are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. Other factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the company’s prospects in general include, but are not limited to, changes in general economic conditions and such other factors as are described in the company’s filings with the Securities and Exchange Commission.

PEOPLE’S COMMUNITY CAPITAL CORPORATION
Selected Financial Information
(In thousands, except per share data)

	Three Months ended September 30,				Nine Months ended September 30,
Condensed Results of Operations	2003		2002		2003		2002
Interest income	$	1,215	$	1,336	$	3,685	$	3,931
Interest expense		307		401		1,019		1,288
Net interest income		908		935		2,666		2,643
Provision for possible loan losses		19		73		78		193
Non-interest income		273		325		836		811
Salaries and employee benefits expense		410		468		1,256		1,308
Occupancy and equipment expense		90		91		264		247
Other non-interest expense		223		200		675		618

Operating income before provision for taxes		439		428		1,229		1,088
Provision for income taxes		147		148		408		366

Net income	$	292	$	280	$	821	$	722

Income per share of common stock: (See note)
Basic	$	0.27	$	0.27	$	0.75	$	0.69
Diluted	$	0.24	$	0.25	$	0.69	$	0.65
Weighted average shares outstanding
Basic		1,099,893		1,045,148		1,093,483		1,043,651
Diluted		1,209,521		1,112,997		1,187,259		1,110,685

Other Data
Average interest-earning assets	$	101,505		$	90,887		$	99,753		$	86,592
Average interest-bearing liabilities	$	80,461		$	72,988		$	79,606		$	70,022
Net interest margin		3.58	%		4.11	%		3.56	%		4.07	%
Return on average equity - annualized		9.57	%		9.99	%		9.13	%		8.88	%
Return on average assets - annualized		1.09	%		1.16	%		1.03	%		1.04	%

	September 30,			December 31,			September 30,
Selected Balance Sheet Data	2003			2002			2002
Total Assets	$	109,320		$	102,015		$	102,809
Loans receivable, net		60,715			59,949			59,275
Federal funds sold		7,860			7,209			10,300
Short-term investments		1,946			1,989			1,988
Investment securities		32,677			25,404			24,006
Deposits		93,710			86,651			87,523
Shareholder's equity		12,361			11,645			11,384
Shareholder's equity per common share (See Note)	$	11.23		$	10.60		$	10.88

Loan allowance to loans and leases		1.48	%		1.38	%		1.33	%
Net loans to deposits		64.79	%		69.18	%		67.73	%

NOTE: Per share data has been adjusted to reflect all stock dividends paid.

PEOPLES COMMUNITY CAPITAL CORP 8-K