Capitol Bancorp Limited
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2004 Annual Report > Great Lakes > Portage Commerce bank
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Our Team Makes the Difference
Portage Commerce Bank enjoyed excellent growth last year in all areas of the bank. Starting with our outstanding veteran team of employees and the guidance of an experienced board of directors, we have been able to proactively identify and secure new business opportunities that fit our model.
“As a customer and investor, I like the fact that our bank officers know a lot of local business leaders and the business leaders know them. As a director, I can tell you we have a strong board that is well-rounded and my colleagues have contributed heavily to the bank’s success.”

- Russell M. Rathburn, Bank Director
Marking our 17th anniversary in 2005, Portage Commerce Bank enjoys the status of a mature bank in our marketplace. We have earned a stellar reputation for providing excellent service to the small business customer, enabling us to attract the highest caliber of employees and business to our bank.

As we move ahead, our primary goal is to maintain our outstanding financial performance as we continue to grow the bank in all phases of the business.

We were pleased with the results from our mortgage department during a challenging year. We have expanded the department’s work area, dedicated resources to increase the staff and look forward to solid contributions in the coming years.

In 2004, we launched our Trust and Investment Services department, hiring a highly experienced representative from our market. This is an area in which we expect to see significant growth.

We foresee continued success and profitability as we provide our market with unparalleled service delivered by experienced banking professionals.

Dennis J. Kuhn
President & CEO


Portage Commerce Bank
800 East Milham Road
Portage, MI 49002
269-323-2200

www.portagecommerce.com

Founded: May 2, 1988


Board of Directors
Paul R. Ballard
Retired President & CEO
Portage Commerce Bank

David L. Becker
Retired Founder
Becker Insurance Agency, P.C.

Thomas R. Berglund, M.D.
Portage Physicians

Robert B. Borsos
Attorney at Law & Shareholder
Kreis, Enderle,
Callander & Hudgins, P.C.
John M. Brink
CPA & Partner
Brink, Key & Chludzinski, P.C.

Patricia E. Dolan
Community Volunteer

Alan A. Halpern, M.D.
Michigan Orthopedic Surgery
& Rehabilitation, P.C.

Robert L. Johnson
Retired Secretary & Treasurer
Medallion Properties, Inc.
Michael L. Kasten
Managing Partner
Kasten Investments, LLC

Dennis J. Kuhn
President & CEO
Portage Commerce Bank

Paul M. Lane, Ph.D.
Seidman School of Business
Grand Valley State University

William J. Longjohn
Retired Vice President
Midwest Business Exchange
John W. Martens, CPA
Retired

Russell M. Rathburn
President & Owner
Rathco Safety Supply, Inc.
Officers
Michael L. Kasten
Chairman

William J. Longjohn
Vice Chairman & Secretary

Dennis J. Kuhn
President & CEO

John M. Crandle
Senior Vice President
James V. Lunarde
Senior Vice President

Kenneth R. Blough
First Vice President

Cheryl M. Germain
First Vice President

Kimberlee M. Ferris
Vice President
Beth A. Wright
Vice President

Susan M. Wright
Vice President

© Copyright 2005 Capitol Bancorp Limited