BNET Industries
Last Fiscal Year Sales:$26.2M
- Private
- US
Dow Jones Description
For National Mercantile - First California, then the world! Founded in 1981 and headquartered in Los Angeles, CA, National Mercantile Bancorp is the holding company for Mercantile National Bank and South Bay Bank. The bank has 4 Mercantile National Bank branches and 2 South Bay bank branches in southern California. It offers banking services for businesses, including a variety of loan products. At the end of 2005, it had total deposits of about $360 million. The bank had 2005 revenue of about $27.4 million and employs about 80 people. In June 2006, it announced a merger of equals with FCB Bancorp into a new company called First California Financial Group.
Number of Employees 77
Contact Information
1840 Century Park E
Los Angeles, California 90067
1 310 277 2265
Peer Companies
NAICS Code Commercial Banking: 522110
News & Analysis
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national mercantile bancorp - All News and Analysis
National Mercantile Bancorp Selects MoneyLine Lending Services to Provide Private-Label, Outsourced Mortgage Services for South Bay Bank and National Mercantile Bank
MoneyLine Lending Services, which specializes in providing financial institutions with customized, outsourced services designed to build customer relationships, is pleased to announce that National Mercantile Bancorp has selected MoneyLine's private-label, outsourced mortgage services to be offered by its two wholly owned bank subsidiaries, South Bay Bank and National Mercantile Bank....
National Mercantile Bancorp's Quarterly Earnings Triple
LOS ANGELES -- National Mercantile Bancorp (the "Company") (NASDAQ:MBLA) Common Stock (NASDAQ:MBLAP) Preferred Stock, parent company of Mercantile National Bank ("Mercantile") and South Bay Bank, N.A. ("South Bay"), today reported net income of $872,000 for the third quarter ended September 30, 2004, or $0.30 basic earnings per share and $0.19...
National Mercantile Bancorp Announces Its Results for the Second Quarter Ended June 30, 2004
LOS ANGELES -- National Mercantile Bancorp (the "Company") (NASDAQ:MBLA)Common Stock (NASDAQ:MBLAP)Preferred Stock, parent company of Mercantile National Bank ("Mercantile") and South Bay Bank, N.A. ("South Bay"), today reported net income of $345,000 for the second quarter ended June 30, 2004, or $0.12 basic and $0.08 diluted earnings per share, as...
National Mercantile Bancorp Announces Its Results for the First Quarter Ended March 31, 2004
Business Editors LOS ANGELES--BUSINESS WIRE--April 22, 2004 National Mercantile Bancorp (the "Company") (Nasdaq:MBLA) Common Stock (Nasdaq:MBLAP)Preferred Stock, parent company of Mercantile National Bank and South Bay Bank, N.A. ("South Bay"), today reported net income of $291,000 for the first quarter ended March 31, 2004 compared to $97,000 for...
National Mercantile Bancorp Announces Its Results for the Fourth Quarter and the Year Ended December 31, 2002
Business Editors LOS ANGELES--BUSINESS WIRE--March 18, 2003 National Mercantile Bancorp (the "Company") (Nasdaq:MBLA) Common Stock (Nasdaq:MBLAP) Preferred Stock, parent company of Mercantile National Bank ("Mercantile") and South Bay Bank, N.A. ("South Bay"), today reported net income after tax of $176,000 for the fourth quarter ended December 31, 2002,...
National Mercantile Bancorp Completes an Equity Placement and Interest Rate Swap
Business Editors LOS ANGELES--BUSINESS WIRE--Jan. 3, 2003 National Mercantile Bancorp (the "Company")(Nasdaq:MBLA - Common Stock)(Nasdaq:MBLAP - Preferred Stock), today announced that it has completed a private placement of 1,006,287 shares of its common stock at a price of $7.65 per share to accredited investors. The aggregate proceeds from...
National Mercantile Bancorp Announces Commencement of Private Financing
Business Editors LOS ANGELES--BUSINESS WIRE--Nov. 8, 2002 National Mercantile Bancorp (the "Company") (Nasdaq:MBLA - Common Stock) (Nasdaq:MBLAP - Preferred Stock), parent company of Mercantile National Bank ("Mercantile") and South Bay Bank, N.A. ("South Bay"), today announced that it had commenced a private offering of 1,307,190 shares of Common...
National Mercantile Bancorp Announces Its Results for the Third Quarter Ended September 30, 2002
Business Editors LOS ANGELES--BUSINESS WIRE--Nov. 5, 2002 National Mercantile Bancorp (the "Company") (Nasdaq:MBLA - Common Stock)(Nasdaq:MBLAP - Preferred Stock), parent company of Mercantile National Bank ("Mercantile") and South Bay Bank, N.A. ("South Bay"), today reported a net loss of $542,000 for the third quarter ended September 30, 2002,...
National Mercantile Bancorp Announces Its Results for the Second Quarter Ended June 30, 2002
Business Editors LOS ANGELES--BUSINESS WIRE--Aug. 20, 2002 National Mercantile Bancorp (the "Company") (Nasdaq:MBLA - Common Stock) (Nasdaq:MBLAP - Preferred Stock), parent company of Mercantile National Bank ("Mercantile") and South Bay Bank, N.A. ("South Bay"), today reported a net loss of $62,000 for the second quarter ended June 30,...
National Mercantile Bancorp Named to the Fortune Small Business Top 100 List
Business Editors National Mercantile Bancorp (the "Company") (Nasdaq:MBLA) -- Common Stock; (Nasdaq:MBLAP) -- Preferred Stock, parent company of Mercantile National Bank and South Bay Bank, N.A., announced today that the Company has been named in the second annual Fortune Small Business magazine list of the top 100 fastest-growing small...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Scott A. Montgomery | CEO |
| David A. Brown | CFO & Executive Vice President |
| David R. Brown | CFO & Executive Vice President |
| Robert Bartlett | COO & Executive Vice President & Chief Credit Officer |
| Allan G Dietrich | Executive Vice President, Business Banking Divisio |
| Chuck Avis | Executive Vice President, Sales, Marketing |
| Ronald Wilippo | Senior Vice President, Sales, Marketing |
| Trudy West | Senior Vice President, HR |
| Joseph N. Cohen | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Stanley L Dunn | Vice Chairman, Owner, Golden West Trade Bindery |
| Robert E. Gipson | Chairman |
| Antoinette Hubenette | Board of Directors |
| Carl R. Terzian | Board of Directors |
| Dion G. Morrow | Board of Directors |
| Donald E. Benson | Board of Directors |
| Robert E Thomson | Vice Chairman |
| W. Douglas Hile | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | CEO | Current |
| National Mercantile Bancorp | Board of Directors | Current |
| Mercantile National Bank | President & CEO | Former |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | CFO & Executive Vice President | Current |
| National Mercantile Bancorp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | CFO & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | COO & Executive Vice President & Chief Credit Officer | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Executive Vice President, Business Banking Divisio | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Executive Vice President, Sales, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Senior Vice President, Sales, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Senior Vice President, HR | Current |
| Mercantile National Bank | Vice President, Hr | Former |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Vice Chairman, Owner, Golden West Trade Bindery | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Secretary | Current |
| National Mercantile Bancorp | Board of Directors | Current |
Mr. Gipson served as a director of National Mercantile from 1996 until the completion of the Mergers, and was Chairman of National Mercantile from June 1997 until the completion of the Mergers, and was Chairman of Mercantile National Bank from June 1997 to December 1998. Mr. Gipson is President of Alpha Analytics Investment Group, LLC, a registered investment advisor, and has served in that capacity since its organization in 1998. Mr. Gipson is Of Counsel to the law firm of Gipson Hoffman & Pancione and has been a lawyer with that firm since 1982. Mr. Gipson is also President of Corporate Management Group, Inc., a financial management company, since 1988. Mr. Gipson currently serves as Chairman of the Board for First California.
| Organization | Position | Status |
|---|---|---|
| Alpha Analytics Investment Group, LLC | President | Current |
| National Mercantile Bancorp | Chairman | Current |
| First California Financial Group, Inc. | Chairman of The Board | Current |
| National Mercantile Bancorp | Board of Directors | Current |
| First California Financial Group, Inc. | Board of Directors | Current |
| National Mercantile | Chairman | Former |
| Mercantile National Bank | Chairman | Former |
| National Mercantile | Director | Former |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Jekel & Howard | Current | |
| National Mercantile Bancorp | Vice Chairman | Current |
| Mercantile National Bank | Vice Chair | Current |
| Organization | Position | Status |
|---|---|---|
| National Mercantile Bancorp | Board of Directors | Current |
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