Press Releases

Wednesday, April 30, 2014
Super Premier Performing County Commerce Bank Reports First Quarter Earnings for 2014

VENTURA, CA -- County Commerce Bank (OTCBB:CNYB), the only bank headquartered in Ventura and Santa Barbara Counties recognized by The Findley Reports as a “Super Premier Performing Bank” based on 2013 operating results, continued its strong earnings performance for the first quarter of 2014.  The bank’s year-to-date efficiency ratio is 57.4% and is consistently one of the best in the community bank industry.

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Tuesday, April 22, 2014
County Commerce Bank Recognized for Superior Performance

VENTURA, CA -- Based on 2013 financial results, Ventura County’s award winning and locally owned County Commerce Bank has been recognized by financial industry ratings organizations as one of the nation’s best performing banks and one of the highest rated banks on California’s central coast.   

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Tuesday, April 22, 2014
County Commerce Bank Promotes Blake Kreutz to AVP/Commercial Loan Officer
Blake Kreutz has been promoted to AVP/Commercial Loan Officer with County Commerce Bank, Ventura County’s Award Winning Bank. Mr. Kreutz joined the bank in 2008.  The announcement was made by Richard M. Favor, Executive Vice President and Chief Operating Officer. Favor stated, “Mr. Kreutz has served the bank’s clients in Operations, Finance and Lending. He has exhibited great skill in applying his lending knowledge to assist clients in obtaining financing for their businesses with satisfactory terms.” Favor added, “Mr. Kreutz is a lifelong resident of Ventura and is well known and respected in the community as a person of integrity. We feel very fortunate to have him on our team of professionals.” Kreutz is a graduate of Ventura High School and earned his BA in Business Finance from Cal Poly, San Luis Obispo. Mr. Kreutz has attended many specialized banking courses and is currently working on his MBA at Pepperdine University. Kreutz is a member of the Ventura Chamber Young Professionals and serves as liaison to the Ventura Chamber of Commerce.   
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Thursday, February 6, 2014
CCB Reports $1.8 Million Net Earnings for 2013

VENTURA, CA -- County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County recognized by The Findley Reports as a “Super Premier Performing Bank” based on 2012 operating results, continued its strong earnings performance for the fourth quarter of 2013.  The bank’s year-to-date efficiency ratio is 59.6% and is consistently one of the best in the community bank industry.

 
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Thursday, October 31, 2013
County Commerce Bank Announces Strong Earnings for the 3rd Quarter of 2013

 VENTURA, CA -- County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County recognized by The Findley Reports as a “Super Premier Performing Bank” based on 2012 operating results, continued its strong earnings performance for the third quarter of 2013.  The bank’s year-to-date efficiency ratio is 59.8% and is consistently one of the best in the community bank industry.

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Tuesday, October 1, 2013
Award Winning County Commerce Marks 34th Quarter: 5-Star "Superior" BauerFinancial Rating

BauerFinancial, Inc. has awarded County Commerce Bank, Ventura County’s award winning bank their highest rating, the Five-Star “Superior” rating for the 34th consecutive quarter, which places County Commerce Bank in the top 3.75% of banks in California. The Five-Star “Superior” rating is the highest rating and indicates that the institution is one of the safest in the United States, according to the certificate presented by BauerFinancial, Inc. 

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Thursday, August 1, 2013
CCB Announces Robust Earnings for the First Half of 2013

County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County recognized by The Findley Reports as a “Super Premier Performing Bank” based on 2012 operating results, continued its strong earnings performance for the second quarter of 2013.  The bank’s efficiency ratio is 59.7% and is consistently one of the best in the community bank industry.

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Monday, July 29, 2013
Award Winning CCB Marks 33rd Consecutive Quarter: Five Star "Superior" BauerFinancial Rating

 BauerFinancial, Inc. has awarded County Commerce Bank, Ventura County’s award winning bank their highest rating, the Five-Star “Superior” rating for the 33rd consecutive quarter, which places County Commerce Bank in the top 3.75% of banks in California. 

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Thursday, May 23, 2013
CCB Performance Recognition Continues
 VENTURA, CA -- Based on 2012 financial results, Ventura County’s award winning and locally owned County Commerce Bank, recognized by financial industry ratings organizations as one of the nation’s best performing banks and one of the highest rated banks on California’s central coast, recently added three more awards to their already substantial portfolio.   
           
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Friday, May 3, 2013
County Commerce Bank Celebrates Ten Years of Success and Announces 10% Stock Dividend
 County Commerce Bank, the only community bank headquartered in Ventura recognized by The Findley Reports as a “Super Premier Performing Bank” in 2012 based on 2011 operating results, today announced a 10% stock dividend for shareholders of record as of March 28, 2013. 
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Wednesday, May 1, 2013
Strong Earnings Continue at County Commerce Bank for 1st Quarter 2013

County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County recognized by The Findley Reports as a “Super Premier Performing Bank” based on 2012 operating results, continued its tradition of strong earnings for the first quarter of 2013.

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Wednesday, April 24, 2013
Award Winning County Commerce Announce Date of 2013 Annual Shareholder Meeting

County Commerce Bank, Ventura County’s award winning bank will hold their 2013 Annual Shareholder Meeting on Thursday, May 16, 2013 beginning at 5:30 p.m. in the Oxnard branch located at 2400 E. Gonzales Road. 

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Tuesday, March 19, 2013
Award Winning County Commerce Bank Places in the Top 3.75% of California Banks

BauerFinancial, Inc. has awarded County Commerce Bank, Ventura County’s award winning bank their highest rating, the Five-Star “Superior” rating for the 32nd consecutive quarter, which places County Commerce Bank in the top 3.75% of banks in California.

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Thursday, February 21, 2013
Award-winning County Commerce Bank Announces 2012 as Most Successful Year to Date

County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County recognized by The Findley Reports as a “Super Premier Performing Bank” in 2012 based on 2011 operating results, reported 2012 as another year of exceptional earnings.

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Thursday, November 1, 2012
County Commerce Bank Reports Strong Third Quarter Earnings

 County Commerce Bank, Ventura County’s award winning bank remains the top performing, locally owned and operated bank in Ventura County. Pretax earnings for the first nine months of 2012 were $2,094,000 which resulted in after tax earnings of $1,232,000 compared to $1,106,000 for the first nine months of 2011; an increase of 11.4%. Total assets were $192,346,000, a 5.1% increase from third quarter of 2011.

 

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Wednesday, July 25, 2012
County Commerce Bank Continues Strong Earnings and Growth

VENTURA, CA -- County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County recognized by The Findley Reports as a “Super Premier Performing Bank” based on 2011 operating results, reported strong earnings for the second quarter 2012.  Earnings for the first six months of 2012 were $845,000 compared to $703,000 for the first six months of 2011; an increase of 20.20%.

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Monday, June 25, 2012
County Commerce Bank Opens Branch #3 in Camarillo

 VENTURA, CA -- County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County recognized by The Findley Reports as a “Super Premier Performing Bank” based on 2011 operating results, opened a new branch in Camarillo at 2357-B Pickwick Drive on May 14, 2012. Joseph D. Kreutz, President and CEO stated “In addition to creating more jobs for Camarillo, this expands our service area and further solidifies our strong commitment to our Ventura County community."

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Tuesday, May 8, 2012
County Commerce Bank Earnings Up Over 24% for 1st Quarter 2012

 VENTURA, CA -- County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County recognized by The Findley Reports as a “Super Premier Performing Bank” based on 2011 operating results, reported higher than anticipated net income for the first quarter of 2012.  Earnings for the first quarter of 2012 were $405,000 compared to $326,000 for first quarter 2011; an increase of $79,000 or 24.23%.

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Tuesday, April 17, 2012
County Commerce Bank Recognized Among Nation’s Best

 VENTURA, CA -- Based on 2011 financial results, Ventura County’s award winning and locally owned County Commerce Bank has been recognized by financial industry ratings organizations as one of the nation’s best performing banks and one of the highest rated banks on California’s central coast.  The bank was rated a “Super Premier Performing Bank” for the fourth time by The Findley Reports. County Commerce was one of only 35 California banks, and the only bank headquartered in Ventura County, to receive this rating for their 2011 performance. 

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Friday, February 3, 2012
Record Earnings Announced by County Commerce Bank for 4th Quarter 2011

County Commerce Bank (OTCBB:CNYB), Ventura County’s award winning bank and the only community bank headquartered in Ventura and Santa Barbara Counties to earn the Five Star “Superior” award by BauerFinancial, Inc., reported record earnings for the year ending December 31, 2011.  Total assets were $185,462,000, an 8.85% increase from December 31, 2010.    Total deposits were $160,600,000, a 6.98% increase from year ending 2010. 

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Monday, October 31, 2011
Record Earnings Announced by County Commerce Bank for 3rd Quarter 2011

 County Commerce Bank (OTCBB:CNYB), Ventura County’s award winning bank and the only community bank headquartered in Ventura and Santa Barbara Counties to earn the Five Star “Superior” award by BauerFinancial, Inc., reported record earnings for the third quarter 2011. Total assets were $182,896,000, an 8.64% increase from third quarter, 2010.   Total deposits were $160,463,000, an 8.07% increase from the third quarter of 2010. 

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Thursday, July 28, 2011
County Commerce Bank Announces Strong Earnings for Second Quarter 2011

 County Commerce Bank (OTCBB:CNYB), Ventura County’s award winning bank and the only community bank headquartered in Ventura and Santa Barbara Counties to earn the Five Star “Superior” award by BauerFinancial, Inc., reported continued growth for the second quarter 2011. Total assets were $177,343,000, an 11.1% increase from second quarter, 2010.    

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Thursday, April 21, 2011
Strong Earnings Announced by County Commerce Bank for 1st Quarter 2011

County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura County to earn The Findley Reports’ designation as a “Super Premier Performing Bank” for the second consecutive year, reported higher than anticipated net income for the first quarter of 2011.

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Tuesday, April 12, 2011
County Commerce Bank Declares 10% Stock Dividend

County Commerce Bank (OTCBB: CNYB) announced today that its Board of Directors declared a 10% stock dividend on the bank’s common stock outstanding.

 
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Tuesday, April 12, 2011
County Commerce Bank Recognized Among Nation’s Best

Based on 2010 financial results, locally owned County Commerce Bank has been recognized by financial industry ratings organizations as one of the nation’s best performing banks and the highest rated bank on California’s central coast. The bank outperformed every other bank headquartered in the tri-counties. 

 

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Wednesday, February 2, 2011
2010 Most Successful Earnings Year in Bank’s History

County Commerce Bank (OTCBB:CNYB), the only community bank headquartered in Ventura and Santa Barbara Counties to earn the Five Star “Superior” award by BauerFinancial, Inc., reported record growth for 2010.

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Wednesday, January 5, 2011
Award Winning County Commerce Bank Earns 5-Star “Superior” BauerFinancial, Inc. Award

BauerFinancial, Inc. has awarded County Commerce Bank, Ventura County’s award winning bank their highest rating, the Five-Star “Superior” rating for the 23rd consecutive quarter.

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Monday, September 27, 2010
County Commerce Bank Rated Number One by D. A. Davidson & Co.

D. A. Davidson Companies, one of the nation's leading regional financial services holding companies has released their second quarter, 2010 summary report of financial performance for banks in the  state from data provided quarterly by the FDIC and Federal Reserve.

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Monday, August 30, 2010
County Commerce Bank Nationally Recognized as One of Top 200 Community Banks

County Commerce Bank was nationally recognized by U.S. Banker's magazine as one of the Top 200  Community Banks (ranked by 3-year Average ROE).

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Tuesday, June 8, 2010
Award Winning County Commerce Bank Earns 5-Star "Superior" BauerFinancial, Inc. Award

BauerFinancial, Inc. has awarded County Commerce Bank, Ventura County's award winning bank  their highest rating, the Five-Star “Superior” rating for the 21st consecutive quarter.

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Friday, April 16, 2010
The Findley Reports Rates County Commerce Bank a Super Premier Performing Bank for 2009

County Commerce Bank, Ventura County's award-winning bank, was one of only eight banks in  California and the only bank headquartered on the central coast to receive Super Premier Performing Bank for 2009 by The Findley Reports.

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Thursday, January 28, 2010
County Commerce Bank closes '09 ahead, Ventura institution's loan portfolio, profit up

Locally owned County Commerce Bank ended 2009 with increased profits and a growing loan portfolio, the same way it has closed out every year since its 2003 launch.

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Friday, January 22, 2010
County Commerce Bank boasts growth (Pacific Coast Business Times)

On Jan. 20, Ventura-based County Commerce Bank released its year-end financial statement, which showed substantial growth in 2009. The bank's net income was roughly $1 million for 2009, up from $901,000 in 2008.

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Wednesday, January 20, 2010
County Commerce Bank Announces Another Outstanding Year for 2009

County Commerce Bank, the only community bank headquartered in Ventura and dedicated to serving Ventura County continued strong growth in 2009. In the bank's seventh year of operation, the bank's net income was $1,003,000 (8.24% ROE) for 2009; up from $901,000 (8.16% ROE) in 2008.

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Monday, November 16, 2009
County Commerce Bank Earns 5-Star "Superior" BauerFinancial Inc. Award

BauerFinancial, Inc. has awarded County Commerce Bank, Ventura County's award winning bank their highest rating, the Five-Star “Superior” rating for the 18th consecutive quarter. County Commerce Bank is the only bank headquartered in Ventura and Santa Barbara Counties to earn five stars this quarter.

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Tuesday, October 20, 2009
County Commerce Bank riding out recession, CEO says (by Jim McLain, The Ventura County Star)

Despite the lingering recession, County Commerce Bank of Ventura continued to chalk up strong numbers through the fist nine months of 2009, President and CEO Joseph Kreutz said last week.

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Saturday, October 3, 2009
County Commerce Bank Reports Strong Earnings for 3rd Quarter 2009

Award-winning County Commerce Bank, the only community bank headquartered in Ventura and Santa Barbara County to earn the Five Star “Superior” award by BauerFinancial, Inc., reported continued growth during the third quarter of 2009.

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Thursday, August 6, 2009
County Commerce Bank Earnings Solid (by Jim McLain, The Ventura County Star)

County Commerce Bank reported solid earnings for the first half of the year, posting net income of $516,000, up from $501,000 for the same period in 2008.

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Tuesday, July 28, 2009
County Commerce Bank Continues Strong Growth

Award winning County Commerce Bank, the only community bank headquartered in Ventura and dedicated to serving Ventura County reported continued growth during the second quarter of 2009.

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Monday, June 29, 2009
Award Winning County Commerce Bank Earns 5-Star "Superior" BauerFinancial, Inc. Award

It was announced by BauerFinancial, Inc. that County Commerce Bank, Ventura County's award winning bank has been awarded the Five-Star “Superior” rating for the sixteenth consecutive quarter. The Five-star “Superior” rating is the highest

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Thursday, May 14, 2009
County Commerce Bank Rated Premier Performer for 2008

County Commerce Bank, Ventura County 's award-winning bank, was recently awarded Premier Performing Bank for 2008 by Findley Reports, the fifth year in a row. The Findley Reports ratings are highly regarded and recipients are recognized throughout California as financial institutions achieving exceptional performance.

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Thursday, February 12, 2009
County Commerce Bank Reports Strong Year End Earnings and Growth

Award-winning County Commerce Bank, the only community bank headquartered in Ventura and dedicated to serving Ventura County continued strong growth in 2008. In the bank's sixth year of operation, the bank's net income was $900,944 (8.16% ROE) for 2008; down slightly from $1,162,803 in 2007.

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Thursday, October 30, 2008
County Commerce Bank Reports Strong Earnings for Third Quarter 2008

Award-winning County Commerce Bank, the only community bank headquartered in Ventura and dedicated to serving Ventura County reported continued growth during the third quarter of 2008. During the nine month period ending September 30, 2008, assets increased from $109,351,000 to $126,391,000; up $16,040,000 or 15.58%.

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Monday, July 14, 2008
County Commerce Bank Reports Second Quarter 2008 Earnings and Declares Five Percent Stock Dividend

County Commerce Bank, the only community bank headquartered in Ventura and dedicated to serving Ventura County reported solid profits and continued growth during the second quarter of 2008. The bank reported net income of $501,000 for the first six months of 2008.

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Monday, April 7, 2008
County Commerce Bank Rated Premier Performer for 2007

County Commerce Bank, the only community bank headquartered in Ventura and dedicated to serving Ventura County, was recently awarded Premier Performing Bank for 2007 by The Findley Reports, the fourth year in a row.

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Thursday, January 24, 2008
County Commerce Bank Reports Record Year End Earnings & Growth

County Commerce Bank, the only community bank headquartered in Ventura and dedicated to serving Ventura County continued record breaking growth in 2007. In the bank's fifth year of operation, the bank's net income was $1,162,803; to provide 12.14% ROE for 2007.

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