Corporate Profile for Temecula Valley Bank N.A., dated Feb. 7, 2003.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. -0-
Published Date: Feb. 7, 2003
Company Name: Temecula Valley Bank N.A.
Address: 27710 Jefferson Ave., A-100
P.O. Box 690
Temecula, CA 92593-0690
Main Telephone
Number: 909/694-9940
Internet Home
Page Address
(URL) Temvalbank.com
Chief Executive
Officer: Stephen H. Wacknitz
Chief Financial
Officer: Donald A. Pitcher
Investor Relations
Contact: Donald A. Pitcher
Business number: 909/506-1050
E-mail address: dpitcher@temvalbank.com
Public Relations
Contact: Cheryl Butler Rolf
Business number: 909/694-9940
E-mail address: cbutler@tfb.com
Industry: Banking
Trading Symbol/
Exchange: TMCV:OTCBB
Market Makers: Troy K. Norlander
The Seidler Companies
800/288-2811
James P. Stephan
First Wall Street Corp.
800/453-2255
Dave Bonaccorso
Hoefer & Arnett
800/346-5544
Geoffrey C. Church
J. Alexander Securities
800/540-2539
Company description: 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 $310 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. , Calif., 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: Santa Ana, Calif., Orange, Calif., Sherman Oaks, Calif., Fresno, Calif., Chico, Calif., Bellevue, Wash., Tampa/St. Petersburg, Fla., Coral Springs, Fla., Jacksonville, Fla., Raleigh, N.C., Knoxville, Tenn., Greenville, S.C., Atlanta, Norcross, Ga. and Bethesda, Md. Since its founding in 1996, Temecula Valley Bank has consistently reported increased profits. For the year ended Dec. 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 initial public offering was $10.00 per share and adjusted to $2.50 per share as a result of the stock splits. In 1997, 162,600 shares were publicly traded, 140,900 in 1998, 283,905 in 1999, 228,900 in 2000, 909,514 in 2001 and 1,172,598 in 2002. 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 and the stock warrants symbol is TMCVW.OB. Temecula Valley Bank offers a broad range of banking services, including personal and business checking accounts. The Bank also offer 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). & CAL VET), second mortgages, home improvement and consumer/automobile loans. |
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