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
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Federal Equity Investment |
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Total Revenue |
$5.4 million (2007 Total Interest + Noninterest Income) |
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Net Income |
-$3.5 million (2007) |
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Number of Employees |
Unknown |
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Corporate Headquarters |
Chula Vista, California |
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Business Sector |
Financial |
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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 |
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Corporate Website |
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Executive Compensation |
Unable to Locate |
2007 Seacoast Commerce Annual Report
No federal contracts found.
Center for Responsive Politics (last accessed 01/07/2009)
December 23, 2008 Seacoast Commerce Bank Receives TARP Capital Purchase Program Investment (Press Release)
December 1, 2008 Seacoast Commerce Bank Approved For Government TARP Investment (Press Release)
November 5, 2008 Seacoast Commerce Bank Over-Subscribes Private Placement (Press Release)
Last Updated January 7, 2009
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