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Pacific Commerce Bank Reports Results for Second Quarter

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LOS ANGELES--(BUSINESS WIRE)--Pacific Commerce Bank (PFCI) today announced the results of the bank’s first full quarter of operations since the close of its merger with Vibra Bank on April 7, 2015. The bank’s unaudited financial results for the quarter ended June 30, 2015 reflect: total assets of $348.4 million, total loans of $297.3 million, including loans held for sale totaling $13.0 million, and total deposits of $274.2 million. This compares with total assets of $207.1 million, total loans

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