Corporate Profile for National Mercantile Bancorp, dated Feb. 4, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: Feb. 4, 2000
Company Name: National Mercantile Bancorp
Address: 1840 Century Park East
Los Angeles, Calif. 90067
Main Telephone
Number: 310/277-2265
Chief Executive
Officer: Scott A. Montgomery
Chief Financial
Officer: Joseph W. Kiley III
Investor Relations
Contact: Rita Melchor
Business number: 310/282-6793
Public Relations
Contact: Scott Montgomery or Joseph W. Kiley III
Business number: 310/282-6778 or 310/282-6703
Industry: Banking
Trading Symbol/
Exchange: MBLA/Nasdaq (Common);
MBLAP/Nasdaq (Preferred)
Market Makers: Sutro &Co., Sandler O'Neill, Herzog Heine,
Burford Capital
Company description: National Mercantile Relating to trade or commerce; commercial; having to do with the business of buying and selling; relating to merchants. A mercantile agency is an individual or company in the business of collecting data about the financial status, ability, and credit of individuals Bancorp is the holding company for the growing Mercantile National Bank, member FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). , an entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. business bank located in Century City in West Los Angeles
The bank was established in 1982 and offers a wide range of customized financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. for small to medium sized companies in the entertainment, business banking, healthcare, non-profit (charitable) and executive markets, as well as for escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. companies and other deposit-only clients. The bank also offers investment services through its affiliation affiliation (  fil´ēā´sh with RH Investment Corp.
Assets: Dec. 1998 $141.6 million
Dec. 1999 $156.2 million
Net Income: Dec. 1998 $645,000
Dec. 1999 $1,014,000 (an increase of 57.2%
compared to 1998)
Stock Prices 1999: Common high 5-1/4; low 3-3/4
Preferred high 10-1/4; low 7-3/8
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