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  September 5, 2001
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Home > Company Index > Banking > Banking - Southeast > Commercial Bankshares, Inc.

Commercial Bankshares, Inc.
Nasdaq: CLBK
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 PROFILE
Commercial Bankshares is basking in the Sunshine State. It's the bank holding company for Commercial Bank of Florida. With about a dozen offices in the South Florida counties of Dade and Broward, the bank markets its services to small businesses and individuals. Its core product offerings include CDs, IRAs, and standard checking, savings, NOW, and money market accounts. The bank also provides ATM cards with access to national networks, direct deposit services, and safe deposit boxes. Real estate mortgages account for nearly 75% of the bank's loan portfolio. The bank also makes consumer and commercial loans.

 COMPETITION
BankUnited Financial Corporation (BKUNA)
Pointe Financial Corporation (PNTE)
Union Planters Corporation (UPC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 38.30
1-Yr. Sales Growth: 13.3%
Employees: 187
Revenue per employee: $204,812.83

 KEY PEOPLE
• Joseph W. Armaly
    CEO
• Barbara E. Reed
    CFO

 CONTACT INFO
1550 SW 57th Ave.
Miami, FL 33144
US
Phone: 305-267-1200
Fax: 305-266-1323
Online: Web Site

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