8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

January 26, 2004
(Date of earliest event reported)

COMMERCIAL CAPITAL BANCORP, INC.
(Exact name of registrant as specified in its charter)

Nevada
(State or other jurisdiction
of incorporation) 000-50126
(Commission File Number) 33-0865080
(IRS Employer
Identification No.)

One Venture, 3rd Floor, Irvine, California
(Address of principal executive offices) 92618
(Zip Code)

(949) 585-7500
(Registrant’s telephone number, including area code)

Not Applicable
(Former name, former address and former fiscal year, if changed since last report)

Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits

(a) Not applicable.

(b) Not applicable.

(c) The following exhibits are included with this Report:

Exhibit 99.1 Information to Supplement January 26, 2004 Earnings Conference Call.

Item 9.   Regulation FD Disclosure.

        Attached as Exhibit 99.1 hereto is supplemental information filed pursuant to Regulation FD in conjunction with Commercial Capital Bancorp’s January 26, 2004 earnings conference call with respect to earnings for the fourth quarter ending December 31, 2003.

SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

COMMERCIAL CAPITAL BANCORP, INC.


         By:   /s/ Stephen H. Gordon
                  —————————————————
                  Stephen H. Gordon
                  Chairman of the Board and
                  Chief Executive Officer

Date: January 29, 2004

EX-99.1

Exhibit 99.1

INFORMATION TO SUPPLEMENT JANUARY 26, 2004 EARNINGS CONFERENCE CALL.

During the January 26, 2004 conference call with analysts and investors, the Company provided the following information:

The Company is comfortable with its interest rate risk management position, as it originates adjustable rate loans at current market rates with short duration to reset, with approximately 50% of the loans in its portfolio re-pricing within one year.

Loan sales to third parties for the second quarter, third quarter and fourth quarter of 2003 were approximately $43.7 million, $15.4 million and $27.4 million, respectively.

The Company’s average cost of deposits for December 2003 was 1.86%.

The Company’s transaction accounts exceeded $400 million in January 2004.

The Company’s loan inquiry activity is increasing nicely from its December 31, 2003 level

In evaluating its allowance for loan losses, the Company noted that it does expect to record a provision for loan losses during 2004 as long as the loan portfolio continues to grow. The Company regularly reviews its portfolio, and relies on the 10-year moving average of loan charge-offs from the OTS and the Company’s internal grading process to determine whether a provision is necessary. The Company saw continued improvement in its internal grading and in the OTS’ 10-year moving average of loan charge-offs. The Company determined that, based on the 10-year moving average, the reserve levels would be approximately 27.5 basis points for multi-family loans. Based on the Company’s internal review of its environmental factors within the portfolio, its reserve level for multi-family loans was adjusted to 31 basis points. The Company noted that it individually reviews and grades over 80% of its multi-family loan portfolio and close to 100% of its commercial real estate loan portfolio.