1st Century Bancshares, Inc. (FCTY)

1st Century Bancshares, Inc. operates as the bank holding company for 1st Century Bank, N.A. that provides a range of commercial banking services in California. It offers various deposit products, including non-interest bearing demand deposits, interest bearing demand deposits, savings and money market demand deposits, checking accounts, and certificates of deposit, as well as trust accounts. The bank also provides business and personal lines of credit and term loans; tenant improvement and equipment financing; bridge and/or specific purpose loans; commercial, industrial, and multi-family real estate lending; personal home equity loans and lines of credit; and credit cards for business and personal use. In addition, it offers cash management and online banking services. The bank serves middle market businesses, professional service firms, high net worth individuals, real estate investors, and entrepreneurs, as well as local residential community. As of December 31, 2007, the company had one office located in Century City area of Los Angeles. The company was founded in 2003 and is headquartered in Los Angeles, California.