Bailout Bank Bio: Commerce National Bank

Dec 15, 2008 | 1 min read | Print Article

Commerce National Bank offers commercial banking services in Orange County, California. The bank was founded in 2003 and is headquartered in Newport Beach, California. Commerce National Bank will receive $5,000,000 in exchange for preferred stock and warrants, as part of the Capital Purchase Plan.

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Bailout Bank Bio: Commerce National Bank


Federal Equity Investment	$5 million
Total Revenue	$12.1 million (Total Interest Income 2007)
Net Income	$1.0 million
Number of Employees	Unknown
Corporate Headquarters	Newport Beach, California
Business Sector	Financial
Officers and Directors	Mark E. Simmons, President & Chief Executive Officer Bernard E. Schneider, Board Chairman Reginald R. Prout, Senior Vice President & Chief Financial Officer
Corporate Website	http://commercenatbank.com/about.htm
Executive Compensation	Unable to Locate