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Vineyard National Bancorp

 
Hoover's Profile: Vineyard National Bancorp
 
(NASDAQ (GS):VNBC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Vineyard National Bancorp
1260 Corona Pointe Ct.
Corona, CA 92879
CA Tel. 951-271-4323
Toll Free 800-442-4996
Fax 951-278-0047

Type: Public
On the web: http://www.vineyardbank.com
Employees: 327
Employee growth: (6.3%)

Red, white, or savings? Vineyard National Bancorp is the holding company for Vineyard Bank which operates some 15 branches in Southern California and another in the San Francisco Bay area. The bank also operates a handful of loan production offices that specialize in Small Business Administration (SBA) loans and loans for the construction of luxury homes; the latter account for more than a quarter of the company's loan portfolio, as do commercial mortgages. To a lesser extent, Vineyard Bank writes consumer and land loans and loans for tract housing. Deposit products include CDs, and checking, savings, money market, and NOW accounts.

Key numbers for fiscal year ending December, 2007:
Sales: $98.1M
One year growth: 10.6%
Net income: ($40.0)M

Officers:
Chairman: Perry B. Hansen
President and CEO, Vineyard National Bancorp and Vineyard Bank: Glen C. Terry
Vice Chairman and Interim CFO, Vineyard National Bancorp and Vineyard Bank: James G. LeSieur III

Competitors:
Bank of America
CVB Financial
PacWest Bancorp

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