People's Bank of Commerce

the $150,000 threshold. A lot were five or ten thousand. The regionals and nationals weren’t geared up to handle those clients and we took care of them. That gave us a lot of new clients and a better appreciation from the community on what we can do. We anticipated the first two quarters of this year would be record profits for the bank and it’s turned out that way. And we expect the third and fourth quarters will be pretty strong. “When we started the bank, we wanted to create something that would last. We know the value of a community bank in the communities they serve. For the past five years, we’ve spent a considerable amount of money and time making sure we have that next generation of bankers prepared; giving them the knowledge, so we’ll continue to be successful in the future. We have the right people in place. Now, we just need to gradually let those senior folks retire and the new group take over in a different high-tech environment - one where customers expect that ease of service, and yet they still want to walk in and talk to you and have you design something unique for them. We’re really good at that.” PEOPLE ’ S BANK OF COMMERCE