Bailout Bank Bio: Pacific Commerce Bank

Jan 13, 2009 | 1 min read | Print Article

Pacific Commerce Bank is headquartered in Los Angeles, California, and serves the Japanese-American, Chinese-American, other Asian-American, and general local communities located in the greater Los Angeles area, including the counties of Los Angeles, Orange, and Ventura. Through the Treasury Department’s Capital Purchase Program, Pacific Commerce will receive $4.06 million in exchange for senior preferred stock, with related warrants.

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Bailout Bank Bio: Pacific Commerce Bank


Federal Equity Investment	$4.1 million (2007)
Total Revenue	$8.8 million (2007 Total Interest + other income)
Net Income	$650,000
Number of Employees	Unknown
Corporate Headquarters	Los Angeles, California
Business Sector	Financial
Officers and Directors	Brian H. Kelley, President & Chief Executive Officer Haruo Tsutsumi, Executive Vice President & COO/CCO Richard Koh, Executive Vice President & CFO Mark E. Buchman, Director Frances K. Hashimoto, Director Norman R. Higo, Director Thomas Iino, Chairman of the Board Kenneth S. Kasamatsu, Director Brian H. Kelley, Director George M. Kikuta, Director Rick Levenson, Director Dale Okuno, Director Henry Y. Ota, Director
Corporate Website	http://www.pacificcommercebank.com
Executive Compensation	Unable to locate