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First Comm Bancorp Inc Calif

 
Hoover's Profile: First Commerce Bancorp
(OTC:FCCC)
Contact Information
First Commerce Bancorp
16861 Ventura Blvd., Ste. 100
Encino, CA 91436
CA Tel. 818-501-2265
Fax 818-461-0176

Type: Public
On the web: http://www.firstcommercebank.la
Employees: 53
Employee growth: 3.9%

There's money in the chambers of this commerce. First Commerce Bancorp was formed in 2004 to be the holding company for First Commerce Bank. It serves the greater San Fernando Valley and western Los Angeles area from branches in Encino, Glendale, and Los Angeles, California. The bank attracts deposits from consumers and business customers by offering traditional deposit products such as checking, savings, and money market accounts, CDs, and IRAs. Its lending activities mainly consist of originating commercial mortgages, construction and land development loans, and business loans.

Key numbers for fiscal year ending December, 2007:
Sales: $14.2M
One year growth: 4.4%
Net income: $3.5M
Income growth: (4.5%)

Officers:
Chairman: S.K. Durairaj
President and CEO: Jack Feldman
EVP, COO, and CFO: Wendy R. Moskal

Competitors:
Citibank
JPMorgan Chase
U.S. Bancorp

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