Board of Directors & Executive Officers • Career Opportunities • Current Events
History • Mission Statement • Statement of Condition • Emergency Preparedness Plan

History

Organized in January 1999, Coastal Commerce Bank is based in Houma, with branches in Thibodaux, Larose-Cut Off, and Chauvin, Louisiana. More details about the bank’s activities are reflected in our statement of condition.

Coastal Commerce Bank’s slogan, “Building Relationships. Providing Solutions.” reflects the commitment of our board of directors, management, and employees to everyday excellence in helping each customer achieve his or her agenda. To assure that we can continue to fulfill this commitment, Coastal Commerce Bank has assembled a team of competent, experienced professionals who possess a strong work ethic, and who are guided by high ethical standards established by management and the board of directors from the outset.

The investment by Coastal Commerce Bank in human resources of the highest possible quality is supplemented by the most modern, efficient systems and technical support available to community banks. We have marshaled these resources to assure our ability to fulfill the commitment to everyday excellence in serving our customers, no matter the complexity or size of the request.

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Board of Directors & Executive Officers

	Name	Position	Principal Occupation
	Timothy P. Brady	Chairman, Executive Committee, Director	Marine Engine Sales/Service – Brady Diesel
	J. J. Buquet, III	Director	Wholesale Beer Distributor – Buquet Distributing
	Raul Doria	Director	Physician – Cancer Care Specialists
	David R. Fakier	Director	Physician – Fakier Radiology LLC
	L. J. Folse	Director	Vice Chairman, Coastal Commerce Bank
	Mark P. Folse	Director	President & CEO, Coastal Commerce Bank
	Hilton J. Michel, Jr.	Chairman of the Board, Director	Insurance & Financial Planning -- Hilton Michel, CLU & Associates, Inc.
	Jimmy Ponder, Sr.	Chairman, Audit Committee, Director	CPA – Private Practice
	Kenneth Wood	Director	Industrial Fabrication – K & B Machine
	Donna McKey	Executive Vice President	Chief Administrative Officer, Coastal Commerce Bank
	Chip Ourso	Executive Vice President	Chief Credit Officer, Coastal Commerce Bank

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Mission Statement

• To remain an independent, locally-owned community bank
• To build shareholder value by continually maximizing earnings
• To strive for everyday excellence by building and maintaining mutually
  beneficial customer relationships
• To become a corporate leader in the communities we serve
• To develop and reward committed, motivated, highly productive
  employees of the highest integrity

Career Opportunities

Equal Employment Opportunities & Affirmative Action Statement

The policy of Coastal Commerce Bank is to provide equal employment opportunities without regard to race, color, sex, age, national origin, disability status (where otherwise qualified), status as a disabled veteran, or status as a Vietnam Era Veteran. This policy will be practiced in hiring, placement, promotions, transfers, and other status changes, and in all matters concerning the treatment of our employees. While this policy is a recognized one of the Bank, the policy and any statements made in connection with it do not create any contracts of employment, either express or implied nor do they create any legal rights or causes of action.

Additionally, the Bank is an affirmative action employer. In this regard, we invite workers with disabilities, disabled veterans, and Vietnam Era Veterans to identify themselves, if they wish to do so. Such communication will be kept confidential and will be used only in accordance with the law.

The Bank will maintain a working environment free of all forms of harassment and will fully comply with the spirit and intent of all related laws and regulations. Any incidents of harassment will be promptly and thoroughly investigated, and appropriate action will be taken.

To maintain a sound and competitive standing for the Bank and to ensure the security of jobs for all personnel, each position will be filled by an individual whose experience and employment record demonstrates that the employee is competent and among the best qualified of the candidate pool. The Bank will endeavor to treat all employees fairly and will provide them the opportunity to progress within the organization to the full extent of their capabilities as positions become available.

We invite you to mail your resume to:

Human Resources
Coastal Commerce Bank
P. O. Box 4177
Houma, LA 70361

 

COASTAL COMMERCE BANK

COMPARATIVE STATEMENT OF CONDITION

Assets 3/31/2008 12/30/2007 Cash and cash equivalents $12,425,414 $9,891,721 Securities available for sale 64,570,901 63,557,323 Loans 195,166,003 179,967,584 Less: Reserve for possible loan losses (2,614,127) (2,558,274) 192,551,876 177,409,310 Bank premises and equipment 9,787,372 9,872,688 Other assets 6,044,546 5,889,258 TOTAL ASSETS $285,380,109 $266,620,301 LIABILITIES Deposits Non-interest bearing 56,402,337 53,776,627 Money market & NOW accounts 89,142,822 90,302,926 Savings & other time deposits 96,471,630 87,051,671 Total deposits $242,016,790 $231,131,224 Other liabilities 17,671,939 11,704,025 TOTAL LIABILITIES $259,688,728 $242,835,249 SHAREHOLDERS' EQUITY Common stock 839,690 839,690 Paid-in capital 17,811,517 17,811,517 Retained earnings 7,040,174 5,133,844 TOTAL SHAREHOLDERS' EQUITY 25,691,381 23,785,051 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $285,380,109 $266,620,301

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