8-K

UNITED STATES
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

February 14, 2005
Date of Report (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.)

8105 Irvine Center Drive, 15th Floor, Irvine, California 92618
(Address of principal executive offices)  (ZipCode)

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)  

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)  

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))  

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01: Other Events.

On February 14, 2005, Commercial Capital Bancorp, Inc. (the “Company”) announced by press release that Michael Schulman has been appointed to the Board of Directors of Commercial Capital Bank, the Company’s bank subsidiary.

The press release is attached hereto as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Item 9.01: Financial Statements and Exhibits.

(a)     Not applicable.

(b)     Not applicable.

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

          Exhibit 99.1 Press Release dated February 14, 2005.

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: February 14, 2005

EX-99.1

Contact:    Stephen H. Gordon
David S. DePillo         
Chairman & CEO
Vice Chairman, President & COO
Telephone: (949) 585-7500
Facsimile: (949) 585-0174

COMMERCIAL CAPITAL BANCORP, INC. ANNOUNCES NEW DIRECTOR
APPOINTMENT AT BANK SUBSIDIARY

Irvine, CA – February 14, 2005 – Commercial Capital Bancorp, Inc. (“CCBI” or the “Company”), (NASDAQ: “CCBI”), announced today that Michael Schulman was appointed to the Board of Directors of Commercial Capital Bank (the “Bank”), the Company’s bank subsidiary, effective February 1, 2005.

Mr. Schulman currently serves as the Chairman of the Board of the Anaheim Arena Management, LLC, the entity that controls the management contract for the Arrowhead Pond of Anaheim. He also serves as the Managing Director of the Samueli Family Office and serves on the Board of Directors of the Samueli Foundation, the Samueli Institute for Information Biology and the Orange County Jewish Campus. Previously, Mr. Schulman was a partner in McDermott, Will & Emery where he headed the firm’s West Coast Estate Planning practice. Prior to practicing law, Mr. Schulman was an assistant professor of law at the University of Southern California Law Center and a part-time lecturer in estate planning at the University of California, Riverside. Mr. Schulman holds a B.S. from University of California, Berkeley, and a J.D. from the University of Santa Clara.

Stephen H. Gordon, Chairman and Chief Executive Officer commented, “We are pleased with the addition of Michael to the bank’s Board of Directors. It’s a tremendous asset to have someone of his caliber, with his experience and such deep ties to the community, contributing to the success of the Bank and thereby the Company.”

At December 31, 2004, the Company had total assets of $5.02 billion, and total deposits of $2.26 billion. The Bank operates banking offices located in Westlake Village (Ventura County), Tarzana, Malibu, Beverly Hills, Baldwin Hills, Westchester, Hawthorne, Manhattan Beach, Gardena, Hermosa Beach, Torrance, Redondo Beach (Los Angeles County), Orange, Irvine, Rancho Santa Margarita (Orange County), Riverside (Riverside County), La Jolla, Del Mar and San Diego (San Diego County), and lending offices, located in Corte Madera, Burlingame, Oakland, Encino, Glendale, West Los Angeles, El Segundo, Irvine, Riverside, and San Diego, California, with plans to open banking offices in San Mateo, California in early 2005, and Newport Coast, California in mid-2005. The Company was the 3rd largest multi-family lender in California during the 12 months ended December 31, 2004 (source: DataQuick Information Systems) and the Bank was the fastest growing savings institution in California, based on percentage growth in total assets over the 36 months ended September 30, 2004 (source: www.fdic.gov).

This press release may include forward-looking statements related to the Company’s plans, beliefs and goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors: competitive pressure in the banking industry; changes in the interest rate environment; the health of the economy, either nationally or regionally; the deterioration of credit quality, which would cause an increase in the provision for possible loan and lease losses; changes in the regulatory environment; changes in business conditions, particularly in California real estate; volatility of rate sensitive deposits; asset/liability matching risks and liquidity risks; and changes in the securities markets. The Company undertakes no obligation to revise or publicly release any revision to these forward-looking statements.