Bailout Bank Bio: ICB Financial

May 28, 2009 | 2 min read | Print Article

ICB Financial, through its subsidiary Inland Community Bank, N.A. provides a range of commercial banking services primarily to small business and individuals in the United States. The bank offers various deposit products, including savings accounts, certificates of deposit, preferred yield investment account, money market account, individual retirement account, and employer retirement plans. Its loan portfolio comprises construction loans, real estate loans, personal loans, small business administration loans, and lines of credit, as well as commercial loans, including equipment financing, working capital lines, letters of credit, and inventories and receivables financing. In addition, Inland Community Bank provides safe deposit, collection, traveler cheques, night depository, bank-by-mail services, Internet banking, and other customer non-deposit banking services. As of September 30, 2005, the bank operated four branches in Rialto, Loma Linda, Ontario, and Los Angeles, California. The company was founded in 1990 and is based in Ontario, California.

In March ICB Financial announced that it would participate in the Treasury Department’s Capital Purchase Program. Under the program the company received $6 million in exchange for preferred stock.

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Bailout Bank Bio: ICB Financial (Inland Community Bank)


Federal Equity Investment	$6 million
Total Revenue	$1.5 million (2008) $1.5 million (2007)
Net Income	$300 thousand (2008) $1.0 million (2007)
Number of Employees	Unknown
Corporate Headquarters	Rialto, California
Business Sector	Bank
Officers and Directors	James S. Cooper, Chief Executive Officer, President and Director Other Officers and Directors
Corporate Website	http://www.icbbank.com
Executive Compensation	Unable to Locate