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Home > Company Index > Banking > Banking - Northeast > Pennsylvania Commerce Bancorp, Inc.

Pennsylvania Commerce Bancorp, Inc.
Nasdaq (SC): COBH
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 PROFILE
A franchisee of sorts of New Jersey's Commerce Bancorp Network, Pennsylvania Commerce Bancorp is the holding company for Commerce Bank/Harrisburg. The bank has about a dozen branches providing community banking services to the citizens and businesses of south central Pennsylvania. Commerce Bank primarily makes commercial real estate, construction, and land development loans (almost 60% of its loan portfolio); it also writes residential mortgage, commercial, and consumer loans. Its deposit activities include checking, savings, money market, and NOW accounts and CDs. Commerce Bancorp Network owns about 10% of the company and provides it with marketing and technical support.

 COMPETITION
First Union Corporation (FTU)
Mellon Financial Corporation (MEL)
The PNC Financial Services Group, Inc. (PNC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 37.10
1-Yr. Sales Growth: 27.5%
Employees: 338
Revenue per employee: $109,763.31

 KEY PEOPLE
• James T. Gibson
    CEO
• Mark A. Zody
    CFO

 CONTACT INFO
100 Senate Ave.
Camp Hill, PA 17011
US
Phone: 717-975-5630
Fax: 717-975-9720
Online: Web Site

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