Commonwealth Bankshares, Inc. operates in the National commercial banks sector. Commonwealth Bankshares, Inc. serves as a holding company for Bank of the Commonwealth (the Bank). The Bank operates four branches in Norfolk, six branches in Virginia Beach, four branches in Chesapeake, two branches in Portsmouth, one branch in Suffolk, one branch in Powells Point, North Carolina, one branch in Waves, North Carolina, one branch in Moyock, North Carolina and one branch in Kitty Hawk, North Carolina. Through its network of banking facilities, the Bank provides a range of commercial banking services to individuals and small to medium-sized businesses. The Bank conducts all of the business operations of a typical independent, commercial bank, including the acceptance of checking and savings deposits, and the initiating of commercial, real estate, personal, home improvement, automobile and other installment and term loans. In
our complete report available for purchase the company is compared to: Princeton National Bancorp, Inc., Pacific Continental Corporation and First National Community Bancorp, Inc..