Company Profile for Temecula Valley Bank, N.A.Business Editors TEMECULA, Calif.--(BUSINESS WIRE)--Oct. 3, 2003 Temecula Valley Bank, N.A., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Temecula Valley Bancorp Inc., is a $400 million commercial bank serving communities in North and East San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. County and throughout the Inland Empire In·land Empire A region of the northwest United States between the Cascade Range and the Rocky Mountains, comprising eastern Washington, eastern Oregon, northern Idaho, and western Montana. Farming, lumbering, and mining are important to the area. . The bank operates full service offices in Temecula, Murrieta, Fallbrook, Escondido and El Cajon El Cajon (ĕl kähōn`), city (1990 pop. 88,693), San Diego co., S Calif.; inc. 1912. Electronic equipment, aircraft parts, irrigation equipment, furniture, and men's suits are among its manufactures. , CA, with SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loan offices in the following areas: Anaheim Hills, CA, Sherman Oaks, CA, Fresno, CA, Chico, CA, Bellevue, WA, Tampa/ St. Petersburg, FL, Coral Springs Coral Springs, city (1990 pop. 79,443), Broward co., SE Fla.; inc. 1963. Largely residential, it is a city that has grown rapidly along with the southern Florida and Fort Lauderdale area. The population of Coral Springs nearly doubled between 1980 and 1990. , FL, Jacksonville, FL, Gurnee, IL, Atlanta, GA and Norcross, GA. According to the Coleman Report dated 10-15-02, the bank has been named the nation's 12th largest SBA lender and earned the distinction as the nation's largest independent bank SBA lender. Since its founding in 1996, Temecula Valley Bank has consistently reported increased profits. For the year ended December 31, 2002, the bank posted record earnings of $4,191,054. The bank has had two 2 for 1 stock splits, one in April 1998 and one in April 1999. The Bancorp's common stock is traded OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). with the stock symbol TMCV.OB. In 2000, the bank earned the distinction of being ranked in its peer group as the most profitable bank in the United States for the year 2000 according to the August, 2001 edition of US Banker. The bank has been recognized for having a track record of superb profitability which placed it in first place for the year 2000 among banks with assets ranging from $100 - $129 million and second for the three-year period of 1998 - 2000. With some of the most respected, knowledgeable and well-known banking professionals in the area, Temecula Valley Bank is proud of our service and support to our local communities. Temecula Valley Bank offers a broad range of banking services, including Internet banking and personal and business checking accounts. The bank also offers various types of interest-bearing deposit accounts that include interest-bearing checking, money market, savings, IRA Ira, in the Bible Ira (ī`rə), in the Bible. 1 Chief officer of David. 2, 3 Two of David's guard. IRA, abbreviation IRA. , SEP 1. SEP - Someone Else's Problem. 2. (tool) SEP - A SASD tool from IDE. and time certificates of deposit. For loan products, the bank offers a wide variety that include: SBA loans, commercial loans and letters of credit, construction loans, residential real estate loans (including VA & FHA See Federal Housing Administration. FHA See Federal Housing Administration (FHA). ), second mortgages, home improvement and consumer/automobile loans.
Company Profile for Temecula Valley Bank
Company: Temecula Valley Bank
Headquarters Address: 27710 Jefferson Avenue
Suite A-100
Temecula, CA 92590
Main Telephone: 909-694-9940
Web site: www.temvalbank.com
Ticker: TMCV.OB(OTCBB)
Type of Organization: Public
Industry: Banking
Key Executives: CEO & President: Stephen H. Wacknitz
COO: Luther J. Mohr
CFO: Donald A. Pitcher
Investor Relations
Contact: Donald A. Pitcher
Phone: 909-506-1050
E-mail: dpitcher@temvalbank.com
Public Relations
Contact: Cheryl Butler Rolf
Phone: 909-694-9940
E-mail: cbutler@tfb.com
Temecula Valley Bank, N.A.
Market Makers-2003:
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