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Corporate Profile for West Coast Bancorp Inc., dated Jan. 26, 1996.


--(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 information services See Information Systems. .

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Published date:   Jan. 26, 1996


Company name:     West Coast Bancorp Inc.


Address:          2724 Del Prado Blvd.
                  Cape Coral, FL  33904


Telephone No.:    941/772-2220


Chief Executive
 Officer:         Michael P. Geml


Chief Financial
 Officer:         Nicholas J. Panicaro


Investor Relations
 Contact:         Investor Relations Consultants Inc.
 Business number: 813/796-1452


Trading symbol:   WBAN


Industry:         Banking




Company description: West Coast Bancorp Inc. is a Florida corporation organized on Dec. 11, 1987, as a bank holding company registered under the Bank Holding Act of 1956.

The company's sole subsidiary and principal asset is the First National Bank of Southwest Florida Southwest Florida is a region of Florida located along its gulf coast, south of the Tampa Bay area, west of Lake Okeechobee and mostly north of the Everglades. It consists of five coastal counties from Manatee County south to Collier County, although it sometimes is considered to , a national banking association chartered in February 1989. First National Bank has four offices in Cape Coral Cape Coral, city (1990 pop. 74,991), Lee co., SW coastal Fla., located on an estuary of the Caloosahatchee River; inc. 1970. It is mostly a residential city that has grown rapidly along with the southern Florida area.  and one in Fort Myers Fort Myers, city (1990 pop. 45,206), seat of Lee co., SW Fla., on the Caloosahatchee River, near the Gulf of Mexico; founded 1850, inc. 1905. It has a tourist trade and light industry and is a shipping point for citrus fruits, winter vegetables, flowers (especially .

The Bank offers consumer, commercial and residential real estate loans and corporate and personal banking services. These include certificates of deposit, individual retirement accounts and other time deposits, checking accounts and interest-paying checking, savings and money-market accounts.

The Bank also offers ATM cards, safe deposit boxes, wire transfers, direct deposit of payroll and Social Security checks and automatic drafts for various accounts.

West Coast Bancorp Inc. reported 1995 consolidated year end earnings of $1,288,866 on total assets of $147,200,000. The company's book value at year end was $10.66. For the fourth quarter ended Dec. 31, 1995, the company reported consolidated net income of $218,321.

CONTACT: West Coast Bancorp Inc., Cape Coral

Nicholas J. Panicaro, CFO See Chief Financial Officer. , 941/772-2220
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 26, 1996
Words:317
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