Tamalpais Bancorp

(NASDAQ Capital Market: TAMB)

Industry: Banks
On the web: http://www.epicbancorp.com
Employees: 68

Tamalpais Bancorp, formerly known as Epic Bancorp, was incorporated under the laws of the State of California on December 20, 1988 and is the parent company for Tamalpais Bank (the ‘Bank') and Tamalpais Wealth Advisors (TWA), formerly known as Epic Wealth Management (EWM). The Bank provides a variety of financial services to small-to-medium sized businesses and individuals and offers a full range of commercial banking services. TWA offers investment advisory services and financial planning to the general community and to clients of the Bank. The Bank focuses on relationship-based community banking, providing each customer with a number of services, familiarizing itself with, and addressing itself to, customer needs. These customers demand the convenience and personal service that a local, independent financial institution could offer. The Bank attracts deposits, loans and lines of credit from small-to-medium sized businesses, not-for-profit organizations, individuals, merchants, and professionals who live and/or work in the communities comprising the Bank's market areas. The Bank's deposit products include checking products for both business and personal accounts, tiered money market accounts offering a variety of access methods, tax qualified deposits accounts (e.g., IRAs), certificates of deposit accounts and certificate of deposit account registry services (CDARS), which is a network through which the Bank offers FDIC insurance up to $50 million by placing deposits in multiple banks participating in the network. The Bank also offers commercial cash management products and DepositNOW Remote Deposit Capture which is a check clearing tool that allows customers to deposit checks without going to the Bank. The Bank does not offer international banking services or trust services. The Bank's lending programs include commercial and retail lending programs including commercial and industrial real estate loans, commercial loans to businesses including SBA loans, mortgages for multifamily real estate, revolving lines of credit and term loans, consumer loans including secured and unsecured lines of credit, land and construction lending for commercial real estate, single family residences and apartment buildings. The banking and financial services business in California generally, and in the Company's market area specifically, is highly competitive with respect to attracting both loan and deposit relationships. The Company competes for loans, deposits, investments, fee based products, and customers for financial services with commercial banks, savings and loans, credit unions, mortgage bankers, securities and brokerage companies, registered investment advisor firms, insurance firms, finance companies, mutual funds, and other non-bank financial service providers. The Bank and holding company operations are subject to extensive regulation by federal and state regulatory agencies.