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Sachem Capital Corp (SCCB)

Sachem Capital Corp (SCCB)
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Seacoast Commerce Bank is a business bank operating in Southern California. The Bank provides a range of products and services for business, from loans and lines of credit, to SBA financing, to a complete set of cash management services including Remote Deposit Capture (RDC) and online banking. Its business banking products and services include small business, commercial business, and business analysis checking accounts, business money markets accounts and certificates of deposits. In addition to Personal Checking and Savings accounts, the Bank offers a number of Personal Services to its customers including Free Online Banking with Bill Pay, Wire Transfers, Cashiers Checks, ATM network access worldwide, Credit cards (Visa), Credit card cash advances, Loans and Safe Deposit boxes of various sizes. It provides loans to customers who are predominately small and middle-market businesses and individuals in Chula Vista, California. The Bank's mission is to provide clients with exemplary service and the products and services they need to grow their business faster and easier.
(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Sales 14,300 15,680 14,020 0 0
Sales Growth -8.80% +11.84% unch unch unch
Net Income 4,000 2,300 320 0 0
Net Income Growth +73.91% +618.75% unch unch unch
(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Total Assets 200,700 129,660 0 0 0
Total Assets Growth +54.79% unch unch unch unch
Total Liabilities 178,210 116,250 0 0 0
Total Liabilities Growth +53.30% unch unch unch unch
(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Operating Cash Flow -57,900 0 0 0 0
Operating Cash Flow Growth unch unch unch unch unch
Net Cash Flow -39,310 0 0 0 0
Change in Net Cash Flow unch unch unch unch unch
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