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Monday, November 30, 2009, 2:16PM ET - U.S. Markets close in 1 hour and 44 minutes. Dow Down 0.09% Nasdaq Down 0.30%
Heritage Commerce Corp. (HTBK)At 1:53PM ET: 3.90   0.00 (0.00%)  
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Heritage Commerce Corp.
150 Almaden Boulevard
San Jose, CA 95113
United States - Map
Phone: 408-947-6900
Fax: 408-947-6910
Web Site: http://www.heritagecommercecorp.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Pacific Banks
Full Time Employees:225

BUSINESS SUMMARY 
Heritage Commerce Corp operates as a bank holding company for Heritage Bank of Commerce that provides commercial and personal banking services to residents and the business/professional community in California. It offers deposit products, including checking accounts, interest-bearing transaction accounts, savings accounts, time deposits, retirement accounts, non-interest-bearing demand accounts, NOW accounts, savings accounts, and money market deposit accounts for retail and business banking markets. The company also provides commercial loans for working capital, financing the purchase of equipment, or for other business purposes; real estate term loans, and real estate land and construction loans; consumer loans for the purpose of financing automobiles, various types of consumer goods, and other personal purposes; home equity lines of credit; and small business administration loans. In addition, it offers cashierÂ’s checks, travelerÂ’s checks, bank-by-mail, ATM, night depository, safe deposit boxes, direct deposits, automated payroll, electronic funds transfers, on-line banking, and other customary banking services. As of April 30, 2009, the company operated seven full service branches in Los Gatos, Fremont, Danville, Pleasanton, Walnut Creek, Morgan Hill, Gilroy, Mountain View, and Los Altos. It also operated loan production offices in Sacramento, Oakland, and Santa Rosa. Heritage Commerce Corp was founded in 1993 and is based in San Jose, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Heritage Commerce Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 94.8% of CGQ Universe companies and 87.3% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Walter T. Kaczmarek , 57
    Chief Exec. Officer, Pres, Director, Member of Fin. & Investment Committee, Member of Strategic Issues Committee, Chief Exec. Officer of Heritage Bank of Commerce, Pres of Heritage Bank of Commerce of Heritage Bank of Commerce
    $ 332.00K $ 0
    Mr. Lawrence D. McGovern , 54
    Chief Financial Officer, Principal Accounting Officer and Exec. VP
    $ 220.00K $ 225.00K
    Mr. James A. Mayer , 67
    Exec. VP of East Bay Division
    $ 230.00K $ 0
    Mr. William J. Del Biaggio Jr., 68
    Exec. VP of Marketing & Community Relations
    $ 166.00K $ 0
    Mr. Raymond Parker , 59
    Exec. VP of Banking Divisions - Heritage Bank of Commerce
    $ 249.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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