Tennessee Commerce Bank

Corporate Profile
TENNESSEE COMMERCE BANCORP, INC. (NASDAQ - TNCC)

Market Value ($M)

35.53

Stock Quote

$ 7.51

Change

$ 0.03

.39 %

Volume

900

As of November 20, 2008
Minimum 20 minute delay.

Webcast
Third Quarter 2008 Earnings Conference Call
Wednesday, October 29, 2008, 11:00 AM ET

The Bank

Tennessee Commerce Bancorp, Inc. is the holding company for Tennessee Commerce Bank. The Bank is focused on providing commercial banking services to businesses in the Middle Tennessee area. Its corporate and banking offices are located in Franklin, Tennessee.

The Corporation was launched in 2000 and has enjoyed substantial growth due to its focus on its business banking model and the strength of its core market.

Tennessee Commerce Bancorp’s stock is traded on the NASDAQ Global Market under the stock symbol “TNCC.”

The Bank offers a full range of competitive retail and commercial banking services. The deposit services offered include various types of checking accounts, savings accounts, money market investment accounts, certificates of deposits, and retirement accounts. Lending services include consumer installment loans, various types of mortgage loans, personal lines of credit, home equity loans, credit cards, real estate construction loans, commercial loans to small and medium size businesses and professionals, and letters of credit. The Bank issues VISA credit cards and is a merchant depository for cardholder drafts under VISA credit cards. The Bank also offers check cards and debit cards. The Bank offers its customers courier services, access to third-party automated teller machines ("ATMs"), and state of the art electronic banking. The Bank has trust powers but does not have a trust department.

We are the Business Bank

Many banks advertise that they are a business bank. Our claim is supported by our actions and strategies making us the business bank in our market. While the Bank offers a full range of banking services and products, it operates with a focused "Business Bank" strategy emphasizing banking services for small to medium sized businesses, entrepreneurs, and professionals. The Bank competes by combining the personal service and appeal of a community bank with the sophistication and flexibility of a larger bank. This strategy distinguishes the Bank from its competitors in efforts to attract loans and deposits of local businesses.

The Bank does not compete based on the traditional definition of "convenience" and currently has no plans to develop an extensive branch bank network. Business is currently conducted from a single office with no teller line, drive-through window or extended banking hours. The Bank competes by providing responsive and personalized service to meet customer needs. Convenience is created by technology and by a free courier service which transports deposits directly from the business location to the bank. The Bank provides free electronic banking and cash management tools and on-site training for business customers. The Bank competes for consumer business by providing superior products, attractive deposit rates, free Internet Banking services, and access to a third party regional ATM network.

Our Market

The Bank is located in Franklin, Tennessee, fifteen miles south of Nashville. Franklin is in Williamson County, one of the most affluent and rapidly growing counties in the nation and the Bank currently conducts business from a single location in the Cool Springs commercial area of Franklin. The I-65 Corridor through Cools Springs and Franklin has recently become the corporate headquarters for Clarcor, Community Health Services and Nissan Worldwide. The educational, recreational and quality of life systems in place identify the greater Cool Springs area as one of the more desirable corporate relocation spots in the Southeast

Tennessee Commerce Bancorp, Inc.
381 Mallory Station Road
Suite 207
Franklin, TN 37067-8264
(615) 599-2274

Investor Relations Contact
Chief Financial Officer
IR@tncommercebank.com

Transfer Agent
Registrar and Transfer Company
10 Commerce Drive
Cranford, NJ 07016
(800) 368-5948


Copyright 2008, © SNL Financial LC Terms of Use

Lock Box | Contact Us
Privacy Statement | Security Statement | Disclosure Statement