Three more Los Angeles area banks said they are participating in the U.S. Treasury Department’s Capital Purchase Program.

Pacific Commerce Bank, a community bank with offices in Little Tokyo and West Los Angeles, said it plans to issue $4.06 million in senior preferred stock, with related warrants, to the U.S. Treasury, equal to 3 percent of the bank’s risk-weighted assets as of the end of the third quarter.

“We are pleased that the U.S. Treasury Department has chosen to invest in Pacific Commerce Bank,” said Chief Executive Brian Kelley in a statement. “We see this decision as a vote of confidence in the bank and its safety and soundness.”

Manhattan Bancorp, the holding company of Bank of Manhattan, said that on December 5 it issued preferred stock and warrants to the U.S. Treasury in exchange for a $1.7 million investment. Manhattan provides banking services primarily to small and mid-size businesses in the South Bay.

NCAL Bancorp California, the Los Angeles parent of National Bank of California, said the Treasury is expected to purchase $10 million of its fixed rate perpetual preferred stock and receive a warrant to purchase $500,000 of a second class of warrant preferred shares. The commercial bank, which also has branches in Sherman Oaks, Glendale, Westlake Village and Costa Mesa, plans to use the funds for loans and business development.

Pacific Commerce, Manhattan and NCAL bring to 10 the number of locally based financial institutions that have received approvals for TARP investments.