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Seacoast bank expands its capital base.

Publication: San Diego Business Journal
Publication Date: 27-NOV-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Seacoast bank expands its capital base.(Brief article)

Article Excerpt
Seacoast Commerce Bank, based in Chula Vista with one office, said Nov. 20 it raised $6.1 million in a stock offering that nearly doubled its capital base to about $12.5 million.

The new capital will allow the $57 million bank to expand its lending and offer larger loans.

"Capital...

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