Tennessee Commerce Bancorp, Inc. operates as the bank holding company for Tennessee Commerce Bank that offers various retail and commercial banking services to small to medium-sized businesses, entrepreneurs, and professionals in the Nashville metropolitan statistical area, Tennessee. It offers various deposit products, including checking accounts, savings accounts, money market investment accounts, certificates of deposits, and retirement accounts. The company's loan portfolio comprises consumer installment loans, various mortgage loans, personal lines of credit, home equity loans, credit cards, real estate construction loans, commercial loans, and letters of credit. In addition, it issues VISA credit cards and serves as a merchant depository for cardholder drafts under VISA credit cards; and offers check cards and debit cards, courier services, access to third-party automated teller machines, and electronic banking services. As of December 31, 2009, Tennessee Commerce Bank provided its services from a single location in the Cool Springs commercial area of Franklin, Tennessee, as well as operated three loan production offices in Birmingham, Alabama; Minneapolis, Minnesota; and Atlanta, Georgia. The company was founded in 2000 and is headquartered in Franklin, Tennessee.
12.2 M OS
11.5 M Float
Delisting of Securities of Tennessee Commerce Bancorp, Inc.
Wednesday, February 22, 2012 4:05 PM
NASDAQ announced that it will delist the common stock of Tennessee Commerce Bancorp, Inc. (TN). Tennessee Commerce Bancorp, Inc. (TN)'s stock was suspended on February 8, 2012 and has not traded on NASDAQ since that time.
What does this means?...It means they are trading on the Pinks.
Effective on February 8, 2012, the Company's common stock began trading on the Pink Sheets under the symbol "TNCC.PK." Although the Company's common stock is currently traded on the Pink Sheets, there can be no assurance that it will continue to trade on the Pink Sheets for any particular time period. The Pink Sheets is not a registered stock exchange company, and it is not affiliated with NASDAQ.
Who should I contact at the Company if I have questions about the Company and what is the Company's current address?
The Company has relocated as a result of the closure of the Bank. The new address of the Company is and its current contact person is:
Chief Financial Officer
Tennessee Commerce Bancorp, Inc.
341 Cool Springs Blvd.
Franklin, TN 37067
Tennessee Commerce Bank closed by Feds, some assets sold to Republic
Posted on: 2/1/2012
In addition to assuming approximately $1 billion of the deposits of TCB (both insured and uninsured), RB&T purchased approximately $122 million of loans and other real estate owned for $65 million, representing a 47 percent discount. RB&T paid no deposit premium for the deposits. The acquisition is being completed through a purchase and assumption agreement with the FDIC, without loss sharing agreements. RB&T did not acquire any assets or liabilities of TCB's parent holding company, Tennessee Commerce Bancorp, Inc., or any of TCB's stock in Commerce Bancshares, Inc. and Farmers Bancorp, Inc. and their subsidiary banks.
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