First Commerce Bank
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- First Commerce Bancorp, Inc. (CMRB) operates as the holding company for First Commerce Bank, a community-focused commercial bank providing a broad range of banking products and services to individuals and businesses primarily in New Jersey. The bank offers personal banking products including checking, savings, money market, certificate of deposit, and time deposit accounts; business banking products such as business and IOLTA checking, business money market, business escrow, business savings, and certificate of deposit accounts; and specialized lending solutions encompassing commercial, small business, construction and land development, term, residential and consumer, real estate, SBA paycheck protection program loans, home equity and second mortgages, commercial mortgages, lines of credit, and Heter Iska financing services. Additional services include debit and credit cards, insured cash sweep and CDARS, treasury management, merchant services, cannabis banking, municipal and government banking, mobile and online banking, Zelle, cashier's and counter checks, remote deposit, wire management, ACH origination, positive pay, overdraft sweep, stop payments, foreign check collection, small safe deposit boxes, and wire transfers. Founded in 2006 and headquartered in Lakewood, New Jersey, the bank maintains multiple branches across New Jersey including Closter, Jackson, Bordentown, Allentown, Teaneck, East Windsor, Englewood, Freehold, and Fairfield. In recent developments, First Commerce Bancorp repurchased over 3.4 million shares of its common stock through year-end 2024 at an average price of $6.37 per share under its ongoing stock repurchase plan, creating accretive value to book value; restructured its deposit portfolio to reduce reliance on volatile time deposits and emphasize core relationships; improved asset quality by reducing non-accrual loans; and shifted its investment securities portfolio by selling available-for-sale securities to acquire higher-yielding held-to-maturity securities, boosting average yield by approximately 2.5% with a two-year earn-back period. Total assets grew 8.0% to $1.55 billion and deposits increased 7.0% to $1.17 billion as of December 31, 2024, reflecting strengthened liquidity with cash equivalents up 118.1% to $134.6 million; additionally, in February 2025, the company expanded its Board of Directors with the appointments of Aaron Bookman and Stanley Koreyva.
First Commerce Bancorp, Inc. Reports First Quarter 2026 Results and Declares a Cash Dividend
First Commerce Bancorp, Inc., Declares Cash Dividend
First Commerce Bancorp, Inc. Announces Results of Tender Offer for its Common Stock
First Commerce Bancorp, Inc. Announces Conclusion of Tender Offer for its Common Stock
First Commerce Bancorp, Inc. Reports Fourth Quarter and Year-to-Date 2025 Results
First Commerce Bancorp, Inc. Tender Offer for its Common Stock Set to Expire on February 27, 2026
First Commerce Bancorp, Inc. Board of Directors Approves Share Repurchase Program
First Commerce Bancorp, Inc. Announces Completion of $40.0 Million Subordinated Note Offering
First Commerce Bancorp, Inc. Reports Third Quarter and Year-to-Date 2025 Results
First Commerce Bancorp, Inc. Reports Second Quarter and Year-to-Date 2025 Results
First Commerce Bancorp, Inc. Reports First Quarter 2025 Results
First Commerce Bancorp, Inc. Announces Additions to Its Board and Management
First Commerce Bancorp, Inc., Announces Relocation of Its Corporate Headquarters in Lakewood, NJ
First Commerce Bancorp, Inc., Reports the Fourth Quarter and Year-to-Date 2024 Results
First Commerce Bancorp, Inc. Reports the Second Quarter and Year-to-Date 2024 Results and Adopts Second Stock Repurchase Program
First Commerce Bancorp, Inc. Reports the First Quarter 2024 Results and Declares a Quarterly Cash Dividend of $0.04 per Common Share
First Commerce Bancorp, Inc., Announces Continuation of Stock Repurchase Plan
First Commerce Bancorp, Inc., Reports the Fourth Quarter and the Full Year 2023 Results and Declares a Quarterly Cash Dividend of $0.04 Per Share
First Commerce Bancorp, Inc. and First Commerce Bank Announce New Chairman, Vice Chairman, and Corporate Secretary
First Commerce Bancorp, Inc., Reports Third Quarter and Year-to-Date 2023 Results and Declares a Quarterly Cash Dividend of $0.04 per share