Bailout Bank Bio: Seacoast Commerce Bank

Jan 7, 2009 | 1 min read | Print Article

Seacoast Commerce Bank services businesses and individuals in Chula Vista and San Diego County, California. The bank is headquartered in Chula Vista, California. Under the Treasury Department’s Capital Purchase Program, Seacoast Commerce will receive $1.8 million in new capital in exchange for senior preferred shares of stock.

Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles

Bailout Bank Bio: Seacoast Commerce Bank


Federal Equity Investment	$1.8 million
Total Revenue	$5.4 million (2007 Total Interest + Noninterest Income)
Net Income	-$3.5 million (2007)
Number of Employees	Unknown
Corporate Headquarters	Chula Vista, California
Business Sector	Financial
Officers and Directors	Richard M. Sanborn, President and Chief Executive Officer Mark A. Nugent, Executive Vice President & Chief Credit Officer Ronnie Zivanic, Executive Vice President & Chief Financial Officer Nicholas Zillges, Executive Vice President & Chief Administrative Officer
Corporate Website	http://www.seacoastcommercebank.com
Executive Compensation	Unable to Locate