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This excerpt taken from the PCBC 10-K filed Mar 2, 2009. Available Information The Company maintains an Internet website at http://www.pcbancorp.com. The Company makes available its annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to such reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and other information related to the Company free of charge, through this site as soon as reasonably practicable after it electronically files those documents with, or otherwise furnishes them to, the SEC. The Company’s internet website and the information contained therein or connected thereto are not intended to be incorporated into this annual report on Form 10-K.
These excerpts taken from the PCBC 10-K filed Feb 29, 2008. Available Information The Company maintains an Internet website at http://www.pcbancorp.com. The Company makes available its annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to such reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, the Company’s Code of Ethics and other information related to the Company, free of charge, through this site as soon as reasonably practicable after it electronically files those documents with, or otherwise furnishes them to, the SEC. The Company’s Internet website and the information contained therein or connected thereto are not intended to be incorporated into this annual report on Form 10-K.
Available Information
This excerpt taken from the PCBC 10-K filed Mar 1, 2007.
The Company maintains an Internet website at http://www.pcbancorp.com. The Company makes available its annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to such reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, the Company’s Code of Ethics and other information related to the Company, free of charge, through this site as soon as reasonably practicable after it electronically files those documents with, or otherwise furnishes them to, the SEC. The Company’s Internet website and the information contained therein or connected thereto are not intended to be incorporated into this annual report on Form 10-K.
This excerpt taken from the PCBC 10-K filed Mar 15, 2006.
The Company maintains an Internet website at http://www.pcbancorp.com. The Company makes available its annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to such reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities and Exchange Act of 1934, as amended, and other information related to the Company, free of charge, through this site as soon as reasonably practicable after it electronically files those documents with, or otherwise furnishes them to, the SEC. The Company’s Internet website and the information contained therein or connected thereto are not intended to be incorporated into this annual report on Form 10-K.
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Various risk factors to which the Company is exposed are discussed in specific sections of Management’s Discussion and Analysis in Item 7 of this Annual Report.
That events may not occur as anticipated by the Company is discussed in the Introduction in the section titled “Forward-Looking Statements.”
That estimates made in the accounting process by Management may prove inaccurate is discussed in the section titled “Critical Accounting Policies.”
The risk from external events including economic conditions, regulatory considerations, and competition are discussed in the section titled “External Factors Impacting the Company.”
Risk factors related to changes in interest rates are discussed in two sections, “The Impact of Changes in Assets and Liabilities to Net Interest Income and Net Interest Margin” and “Interest Rate Risk.”
Credit risk factors are also discussed in two sections, “Allowance for Credit Losses” and “Credit Losses.”
Liquidity risk is discussed in “Liquidity.”
Risks specific to the tax refund programs are discussed in the section titled “Tax Refund Anticipation Loan and Refund Transfer Programs.”
In addition to these risks discussed in sections of Item 7, the nature of and the risk from the litigation in which the Company is involved is disclosed in Note 18 to the financial statements.
There are no comments received from Securities Exchange Commission staff regarding its periodic or current reports that are unresolved. No comments have been received from the staff in the last three years.
The Company maintains its executive offices in leased premises at 1021 Anacapa St., Santa Barbara, California. The Trust & Investment Services Division is also located in this building. The Company leases other premises in the Santa Barbara area for Information Technology, Operations Support and other administrative functions and other premises in Ventura County for its Delinquency Management Unit and for the relationship managers in that county. Of the 48 branch banking offices, 34 are leased in whole or part. The 48 branch offices are located in the nine California counties mentioned above in Item 1(a). The Company owns the building used by its Residential Real Estate, Business Services, and International Banking units.
The Company has obtained the master lease on the shopping center where one of its branch offices is located. As explained in Note 14 to the Consolidated Financial Statements in Item 8 of this Annual Report on page 106, the portion of the lease related to the building is classified as a capital lease.
Premises are utilized based on needed space and the geography of the customer served. There is no necessary correspondence between use of the buildings and business segments. For example, in addition to employees providing deposit related services, portions of the branch offices frequently house Consumer and Commercial Banking segment employees involved in lending activities. Similarly, of the Residential Real Estate, Business Services, and International Banking units housed in the building mentioned above, the first is in the Consumer Banking segment and the second two are in the Commercial Banking segment. Rather than attempt an allocation of ownership of these assets, for segment reporting in Note 25, all buildings are recognized as assets of the “All Other”
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Table of Contentssegment, but rental expenses are generally charged to the business segments using the properties when allocation is practicable.
The buildings are of various ages and consequently require varying levels of maintenance. All are suitable and adequate for their intended use.
The Company has been named in several lawsuits filed by customers and others. The significant suits are described in Note 18 to the Consolidated Financial Statements in Item 8 on page 114 of this report. The Company does not expect that these suits will have any material impact on its financial condition or operating results.
The Company is involved in various other litigation of a routine nature that is being handled and defended in the ordinary course of the Company’s business. In the opinion of Management, based in part on consultation with legal counsel, the resolution of these litigation matters will not have a material impact on the Company’s financial condition or operating results.
There were no matters submitted to a vote of security holders during the fourth quarter of the fiscal year covered by this report.
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Table of ContentsThis excerpt taken from the PCBC 10-K filed Mar 30, 2005.
The Company maintains an Internet website at http://www.pcbancorp.com. The Company makes available its annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to such reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities and Exchange Act of 1934, as amended, and other information related to the Company, free of charge, through this site as soon as reasonably practicable after it electronically files those documents with, or otherwise furnishes them to, the SEC. The Company’s Internet website and the information contained therein or connected thereto are not intended to be incorporated into this annual report on Form 10-K.
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The Company maintains its executive offices in leased premises at 1021 Anacapa St., Santa Barbara, California. The Trust & Investment Services Division is also located in this building. The Company leases other premises in the Santa Barbara area for Information Technology, Operations Support and other administrative functions and other premises in Ventura County for its Delinquency Management Unit and for the relationship managers in that county. Of the 45 branch banking offices, all or a portion of 31 are leased. The 45 branch offices are located in the eight California counties mentioned above in Item 1(a). The Company owns the building used by its Residential Real Estate, Business Services, and International Banking units.
The Company has obtained the master lease on the shopping center where one of its branch offices is located. As explained in Note 12 to the Consolidated Financial Statements in Item 8 of this Annual Report, the portion of the lease related to the building is classified as a capital lease.
Premises are utilized based on needed space and the geography of the customer served. There is no necessary correspondence between use of the buildings and business segments. For example, in addition to employees providing deposit related services, portions of the branch offices frequently house Consumer and Commercial Banking segment employees involved in lending activities. Similarly, of the Residential Real Estate, Business Services, and International Banking units housed in the building mentioned above, the first is in the Consumer Banking segment and the second two are in the Commercial Banking segment. Rather than attempt an allocation of ownership of these assets, for segment reporting in Note 26, all buildings are recognized as assets of the “All Other” segment, but rental expenses are generally charged to the business segments when allocation is practicable.
The buildings are of various ages and consequently require varying levels of maintenance. All are suitable and adequate for their intended use.
The Company has been named in several lawsuits filed by customers and others. The significant suits are described in Note 17 to the Consolidated Financial Statements in Item 8 of this report. The Company does not expect that these suits will have any material impact on its financial condition or operating results.
The Company is involved in various other litigation of a routine nature that is being handled and defended in the ordinary course of the Company’s business. In the opinion of Management, based in part on consultation with legal counsel, the resolution of these litigation matters will not have a material impact on the Company’s financial condition or operating results.
There were no matters submitted to a vote of security holders during the fourth quarter of the fiscal year covered by this report.
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