Tennessee Commerce Bancorp, Inc.

Type: Public
On the web: http://www.tncommercebank.com
Employees: 99
Employee growth: 8.8%

Tennessee Commerce Bancorp is doing things a little differently in Music City USA. Founded in 2000, the financial institution is the holding company for Tennessee Commerce Bank. Concentrating on the Greater Nashville area, the bank caters to consumers and members of the service and manufacturing industries, as well as small to midsized businesses. The bank avoids high transaction volume customers such as retail businesses. Instead of creating a network of branch locations, the bank conducts business from one location, utilizes Internet banking, and provides free courier services for deposits. Commercial loans account for more than 60% of its loan portfolio.

Key numbers for fiscal year ending December, 2010:
Sales: $83.8M
One year growth: 5.3%
Net income: $3.4M

Officers:
Chairman, President, and CEO: Michael R. (Mike) Sapp
COO, Tennessee Commerce Bancorp and Tennessee Commerce Bank: H. Lamar Cox
CFO: Frank Perez

Competitors:
First Horizon
Pinnacle Financial Partners
SunTrust

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