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523 W. 6th St., Ste. 900 Los Angeles, CA 90014 CA Tel. 213-430-4000 Fax 213-627-2784 |
Type: Public
On the web:
http://www.americanbusinessbank.com
Employees:
72
Employee growth: 4.3%
What's a "middle-market," privately owned business gotta do to get FORTUNE 500 treatment from a bank? American Business Bank caters to private companies with sales between $5 and $145 million in sales, with an emphasis on manufacturers, service businesses, and not-for-profit organizations. It has offices in Irvine, Los Angeles, and Woodland Hills, and provides remote banking services throughout Southern California via courier and the Web. The bank offers deposit services including CDs and checking, savings, and money market accounts. Lending products include commercial, real estate, and construction loans; lines of credit; and equipment financing.
Key numbers for fiscal year ending December, 2007:
Sales: $23.0M
One year growth: 14.2%
Net income: $5.2M
Income growth: 3.2%
Officers:
Chairman: Robert F. Schack
President, CEO, and Director: Donald P. (Don) Johnson
Vice Chairman, EVP, CFO, and COO: Wesley E. (Wes) Schaefer
Competitors:
Bank of America
Comerica
JPMorgan Chase
