Edition: August 2004



 Local Lender$

 By Richard Acello



California Community Bank Details

California Community Bank
1320 W. Valley Pkwy, Ste. 301
Escondido, CA 92029
Phone (760) 888-1001
Fax (760) 888-1089
lhartwig@calcommunitybank.com

CEO: Larry D Hartwig, 64

Date opened for business: Aug. 11, 2003

  • Assets: $38.7 million at 6/30/04

  • Year-to-date earnings: -$865,000

  • Tier 1 (Core) Capital Ratio: 36.9 percent

  • Plant the flag: Opened first branch at 1334 W. Valley Parkway in Escondido; second branch likely to be along Highway 78 in the Vista/San Marcos area. Future locations could be along the 78, Interstate 15 or I-5 routes.

  • Employment: 17

  • Directors:

    Richard W. Arendsee, owner/chairman & CEO, Brandy Investments Inc.

    James R. Bornemann, CFO, Carltas Co.

    L. Thomas Carlin, owner & CEO, Pahla Corp.

    A. Eric de Jong, III, owner and CEO, Diamond Environmental Services

    Ann K. Hunter-Welborn, owner/director, Hunter Industries

    Richard N. Johnson, president, R & F Products Inc.

    Kevin P. Maser, owner and CEO, Maser Mechanical Inc.

    Findlay Vanderby, vice president of operations, R & F Products Inc.

    Bruce H. White, partner, White & Bright law firm

    Larry Hartwig, CEO of bank

    Brian Smith, president of bank

  • Key personnel: Brian Smith, president; Bob Marshall, executive v.p./chief credit officer; Bob Lampert, executive v.p./CFO; Mark Anderson, senior v.p., operations administrator; Mike Cavataio, senior v.p., real estate loans.

  • Niche or target customer: Small business owners, professionals, high net worth individuals. Lending limit: unsecured, $1.5 million; secured $2.5 million.

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