TNCC Tennessee Commerce Bancorp (TN) (MM)

Tennessee Commerce Bancorp, Inc. (NASDAQ: TNCC) today announced that the company has reached $1 billion in total assets. ๏ฟฝWe founded Tennessee Commerce with the idea that the personal service and appeal of a community bank combined with the financial sophistication of a larger institution would meet a significant need in the business community,๏ฟฝ said Art Helf, CEO of Tennessee Commerce Bancorp. President Mike Sapp continued, ๏ฟฝThis direction has allowed us to grow significantly over the last eight years ๏ฟฝ nearly 50๏ฟฝpercent year over year without any mergers or acquisitions. Today๏ฟฝs $1 billion milestone is a testament to our strategic focus as well as the dedication of our employees who work so hard each day to provide the best possible service, and, it goes without saying, the support of our clients, who place their trust in us.๏ฟฝ Founded in Franklin, Tennessee in 2000, Tennessee Commerce Bancorp is the holding company of Tennessee Commerce Bank. The bank offers a full range of competitive retail and commercial banking services, but its operations focus primarily on providing commercial banking services to small and medium-sized businesses, entrepreneurs and self-employed professionals. Tennessee Commerce Bank serves a diverse client base offering an attractive range of services to manufacturing and professional businesses in Middle Tennessee as well as national and regional equipment vendors and financial services companies. Tennessee Commerce, which is known for its responsive and personalized service, is headquartered in Franklin, Tennessee and has Loan Production Offices in several states. Lamar Cox, acting Chief Financial Officer, the third officer/director who founded the bank observed, ๏ฟฝTennessee Commerce Bancorp๏ฟฝs business model has allowed it to avoid many of the pitfalls experienced by other financial institutions in recent months. With no branch network to maintain and a small highly-trained staff, the company has kept its costs low. Tennessee Commerce๏ฟฝs diverse service base and dedication to serving the unmet needs of its customers have allowed it to prosper and uniquely compete for clients. Tennessee Commerce Bancorp has no exposure to sub-prime loans and only limited exposure to construction loans.๏ฟฝ About Tennessee Commerce Bancorp, Inc. Tennessee Commerce Bancorp, Inc. is the parent company of Tennessee Commerce Bank. The Bank provides a wide range of banking services and is primarily focused on business accounts. Its corporate and banking offices are located in Franklin, Tennessee, and it has loan production offices in Birmingham, Alabama, Minneapolis, Minnesota and Atlanta, Georgia. Tennessee Commerce Bancorp๏ฟฝs stock is traded on The NASDAQ Global Market under the symbol TNCC. Additional information concerning Tennessee Commerce Bancorp can be accessed at www.tncommercebank.com.