Pacific Commerce Bank reported that net income...

Pacific Commerce Bank reported that net income rose by 106% to $523,000 for the year ended Dec. 31, up from $254,201 during the previous year. Total assets rose by 33% to $37 million, up from $27.8 million. Deposits rose by 36% to $32.3 million, up from $23.7 million, and loans rose by 35% to $22.6 million, up from $16.8 million.