TNCC Tennessee Commerce Bancorp, Inc. (TN) featured news, full reports, and detailed charts
Tennessee Commerce Bancorp, Inc. (TN) (TNCC) Wrap Up:
Tennessee Commerce Bancorp, Inc. (the “Corporation” or “we” or “us”) is a bank holding company formed as a Tennessee corporation to own the shares of Tennessee Commerce Bank (the “Bank”). The Bank commenced operations January 14, 2000, and is a full service financial institution located in Franklin, Tennessee, 15 miles south of Nashville. Franklin is in Williamson County, one of the most affluent and rapidly growing counties in the nation and the Bank conducts business from a single location in the Cool Springs commercial area of Franklin. The Bank had total assets at December 31, 2007 of $900 million. Although the Bank offers a full range of banking services and products, it operates with a focused “Business Bank” strategy. The Business Bank strategy emphasizes banking services for small- to medium-sized businesses, entrepreneurs and professionals in the local market. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f04%2f18%2f0001104659-08-025280.html#FIS_BUSINESS"www.tncommercebank.com
83 Employees
Founded in 2000
Tennessee Commerce Bancorp Inc. (TNCC:NASDAQ)
LAST $4.18 USD
CHANGE TODAY -0.22 -5.00%
VOLUME 9.1K
As of 3:55 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Tennessee Commerce Bancorp Inc. (TNCC)
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OPEN
$4.52
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PREVIOUS CLOSE
$4.40
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DAY HIGH
$4.52
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DAY LOW
$4.18
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52 WEEK HIGH
02/2/09 - $11.74
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52 WEEK LOW
10/14/09 - $3.82
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MARKET CAP
19.8M
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AVERAGE VOLUME 3 mo
2.5K
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DILUTED EPS TTM
$-1.23
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SHARES OUTSTANDING
4.7M
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TNCC Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
TNCC Top Compensated Officers
Mr. Arthur F. Helf
Chairman of the Board, Chief Executive Office...
Age: 71
Total Annual Compensation: $400.0K
Mr. Michael R. Sapp
President, Chief Lending Officer, Director, M...
Age: 55
Total Annual Compensation: $400.0K
Mr. Frank Perez
Chief Financial Officer, Principal Accounting...
Age: 40
Total Annual Compensation: $61.9K
Mr. H. Lamar Cox
Chief Administrative Officer, Secretary, Dire...
Age: 66
Total Annual Compensation: $350.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Tennessee Commerce Bancorp Inc. (TNCC)
Tennessee Commerce Bancorp Inc. Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2009
10/19/2009
Tennessee Commerce Bancorp Inc. reported unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income available to common shareholders of $1.2 million or $0.25 per diluted share, compared with net income of $1.9 million or $0.39 per diluted share, for the third quarter of 2008. Profitability was due to gain on loan sales, margin improvement and a continuing reduction in loan losses. Net interest income rose 23.2% to $11.4 million due to continued growth in loans and solid improvement in net interest margin. Total interest income was $60.0 million compared to $55.7 million a year ago. Income before income taxes was $2.51 million compared to $3.1 million a year ago. Operating Income was $2.508 million compared to $3.08 million a year ago. Return on average assets was 0.34% compared to 0.68% a year ago. Return on average common equity was 7.46% compared to 11.35% a year ago. For the nine months, the company reported a net loss available to common shareholders of $8.4 million compared with net income of $5.1 million for the first nine months of 2008. Net loss per diluted share was $1.77 compared with net income per diluted share of $1.05 in the first nine months of 2008. The 2009 year to date loss was primarily due to higher charge offs in the first half of 2009 combined with significant additions to the allowance for loan losses. Net interest income rose 26.2% to $31.7 million, up from $25.1 million in the first nine months of 2008 based on a 23.2% increase in average earnings assets to $1.2 billion. Total interest income was $20.6 million compared to $19.8 million a year ago. Loss before income taxes was $11.7 million compared to income before income taxes of $8.3 million a year ago.
Tennessee Commerce Bancorp Inc., Q3 2009 Earnings Call, Oct-20-2009
10/14/2009
Tennessee Commerce Bancorp Inc., Q3 2009 Earnings Call, Oct 20 2009
Tennessee Commerce Bancorp Inc. Approves Amendment to it's Charter
07/31/2009
Tennessee Commerce Bancorp Inc. announced that at a special meeting of the corporation's shareholders held on July 30, 2009, its shareholders approved an amendment to the corporation's charter to authorize 20,000,000 shares of common stock, $0.50 par value per share..
TNCC Competitors
| Company | Last | Change |
| Britton and Koontz Capital Corp | $11.14 USD | +0.04 |
| First Bancshares Inc (MS) | $7.30 USD | 0.00 |
| Mountain National Bancshares Inc | $9.00 USD | 0.00 |
| Southcoast Financial Corp | $3.50 USD | +0.21 |
| United Bancorporation of Alabama Inc | $5.00 USD | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | TNCC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.4x |
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| Price/Book | 0.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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TNCC |
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TNCC transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent News About Tennessee Commerce Bancorp, Inc. (TN)
More news for TNCC
Tennessee Commerce Bancorp Announces Third Quarter Conference Call On the Internet
Tennessee Commerce Bancorp Announces Third Quarter Conference Call On the Internet - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: bottom; text-ali...Click here to read the whole Article (external link)
TENNESSEE COMMERCE BANCORP, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Forward-Looking Statements Certain statements contained in this report may not be based on historical facts and are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period or by the use of forward-looking terminology, such as "expect," "anticipate," "believe," "estimate," "foresee," "may," "might," "will," "intend," "could," "should," "would," "plan," "forecast" or future or conditional verb tenses and variations or negatives of such terms. These forward-looking statements include, without limitation, those relating to our operating results, vesting of stock-based awards, recently adopted accounting standards, fair value measurements, allowance for loan losses, business bank strategy, management's review of the loan portfolio, loan classifications, loan commitments, interest rate risk, economic value of equity model, net interest margin, net interest income, loan sale transactions, tax rates, non-accrual loans, liquidity, internal control over financial reporting and our future growth and profitability. We caution you not to place undue reliance on the forward-looking statements contained in this report because actual results could differ materially from those indicated in such forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, changes in economic conditions, competition for loans, mortgages and other financial services and products, changes in interest rates, concentrations within our loan portfolio, our ability to maintain credit quality, the effectiveness of our risk mon...Click here to read the whole Article (external link)
TENNESSEE COMMERCE BANCORP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for TENNESSEE COMMERCE BANCORP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for TENNESSEE COMMERCE BANCORP, INC. 31-Jul-2009Regulation FD Disclosure, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informati...Click here to read the whole Article (external link)
Tennessee Commerce Bancorp Reports $1.2 Million in Third Quarter Income
 TENNESSEE COMMERCE BANCORP, INC. CONSOLIDATED STATEMENTS OF INCOME NINE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008 THREE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008 (UNAUDITED)    Nine Months Ended   Three Months Ended September 30, September 30, (Dollars in thousands, except share data) 2009   2008 2009   2008 Interest income Loans, including fees $ 55,904 $ 52,125 ...Click here to read the whole Article (external link)
Midday Movers: Pump Up the Volume
Stock quotes in this article: TBUS , ANX , SRZ , ...Click here to read the whole Article (external link)
New Star Analyst Rankings for Tennessee Commerce Bancorp, Inc
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
TENNESSEE COMMERCE BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme
Show all filings for TENNESSEE COMMERCE BANCORP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for TENNESSEE COMMERCE BANCORP, INC. 20-Oct-2009Results of Operations and Financial Condition, Financial Stateme Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All info...Click here to read the whole Article (external link)
MPS Group, Tennessee Commerce Bancorp: Biggest Price Gainers (MPS, TNCC)
By MARKET DATA STAFF MPS Group Inc. topped the list of Biggest Percentage Price Gainers among common stocks on the New York Stock Exchange at the close on Tuesday. See the full list . Tennessee Commerce Bancorp Inc. topped the list of Biggest Percentage Price Gainers among common stocks on the Nasdaq Stock Market. See the full list . Go to Markets Data Center (WSJMarkets.com) for complete coverage. ...Click here to read the whole Article (external link)
TENNESSEE COMMERCE BANCORP, INC. Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue19,638 20,269 19,917 23,093 Cost of Revenue8,724 8,954 9,129 9,931 Gross Profit - 11,315 10,788 13,162 Operating ExpensesResearch Development - - - - Selling General and Administrative5,019 6,385 4,933 5,168 Non Recurring(1,368)1,368 - - Others4,261 13,680 8,948 3,241 Total Operating Expenses - - - - Operating Income or Loss - (10,118)(3,093)4,753 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes3,002 (10,118)(3,093)4,753 Interest Expense494 502 487 557 Income Before Tax2,508 (10,620)(3,580)4,196 Income Tax Expense972 (4,071)(1,364)1,549 Minority Interest - - - - Net Income From Continuing Ops1,536 (6,549)(2,216)2,647 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - &nb...Click here to read the whole Article (external link)
TENNESSEE COMMERCE BANCORP, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Forward-Looking Statements Certain statements contained in this report may not be based on historical facts and are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period or by the use of forward-looking terminology, such as "expect," "anticipate," "believe," "estimate," "may," "will," "could," "should," "would" or future or conditional verb tenses and variations or negatives of such terms. These forward-looking statements include, without limitation, those relating to our operating results, financial condition, vesting of stock-based awards, recently adopted accounting standards, fair value measurements, allowance for loan losses, business bank strategy, management's review of the loan portfolio, loan classifications, loan commitments, interest rate risk, economic value of equity model, net interest margin, net interest income, inflation, loan sale transactions, tax rates, non-accrual loans, liquidity, capital resources, internal control over financial reporting and our future growth and profitability. We caution you not to place undue reliance on the forward-looking statements contained in this report because actual results could differ materially from those indicated in such forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, changes in economic conditions, competition for loans, mortgages and other financial services and products, changes in interest rates, concentrations within our loan portfolio, our ability to maintain credit quality, the effectiveness of our risk monitoring systems, changes in consumer preferences,...Click here to read the whole Article (external link)
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