Civic Bancorp - CIVC- Profile

Civic BanCorp, is a bank holding company which offers commercial banking services through its wholly owned subsidiary CivicBank of Commerce. The services offered include customary banking services, such as checking, savings and interest-bearing demand, money market and time deposit accounts, commercial, installment and real estate loans. The bank also provides banking services to individuals who are owners, partners or principals of businesses or professional practices and other corporate executives and professionals. During the year the company entered into an agreement and plan of merger with East County Bank Of Antioch, California. Interest and fees on loans accounted for 77% of 1999 revenues; other interest income, 18% and non-interest income, 5%.