EX-99.1 2 f33242exv99w1.htm EXHIBIT 99.1 exv99w1
 

          Exhibit 99.1
     
(BANK OF COMMERCE LOGO)
  Bank of Commerce Holdings
(NASDAQ: BOCH)

 
    Company Profile
 
  Founded 1982
 
  Five offices — three markets
 
  Redding Bank of Commerce™
 
  Roseville Bank of Commerce™
 
  Sutter Bank of Commerce™
 
  Bank of Commerce Mortgage™
 
    Investor Highlights
 
  5% stock dividend — 1986
 
  Annual cash dividends -1988
 
  Two for one stock split — 1985
 
  Three for one stock split — 1998
 
  10% stock dividend — 2000
 
  Three for one stock split — 2004
 
  Quarterly cash dividends — since 2005
 
  ACQB Index — America’s Community Bank Index
 
    Business Overview
 
    Bank of Commerce Holdings (the “Holding Company”) is a financial holding company (“FHC”) registered under the Bank Holding Company Act of 1956, as amended, and was incorporated in California on January 21, 1982. The Company owns Redding Bank of Commerce™, Roseville Bank of Commerce™, Sutter Bank of Commerce™ and Bank of Commerce Mortgage™.
Contact Information
Linda J. Miles, Chief Financial Officer
Telephone (530) 722-3955
lindam@reddingbankofcommerce.com
www.reddingbankofcommerce.com
Market Data
Exchange: NASDAQ
Symbol: BOCH
Shares outstanding at 6/30/07: 8,908,880
Market Cap: $96,394,082
Recent Price : $9.45
52 week range: $9.00 — $12.50
Price/ Book (%): 198.78
SNL™ Peer Price/Book (%): 174.33
Price/Earnings (x): 13.89
SNL™ Peer Price/Earnings (x): 15.51
Price/LTM EPS (x): 14.82
Dividend Yield (%): 3.16
SNL ™ Peer Dividend Yield(%): 1.85
YTD Volume traded: 112,597
Insider Ownership: 30.29%
Company Press Release
For immediate release:
Bank of Commerce Holdings™, Announces 12% increase in third quarter 2006 Operating Results —
REDDING, California, August 20, 2007/ PR Newswire— Ken Gifford, Chairman of Bank of Commerce Holdings (NASDAQ: BOCH), a $605.6 million asset financial holding company, and parent company of Redding Bank of Commerce™, Roseville Bank of Commerce™, Sutter Bank of Commerce™ and Bank of Commerce Mortgage™ today announced the appointment of Patrick J. Moty to Interim CEO of the Company.
Mr. Moty has over twenty-two years with Bank of Commerce Holdings and most recently served as Executive Vice President and Chief Credit Officer. He replaces Michael C. Mayer, president and CEO for Bank of Commerce Holdings, who has been placed on administrative leave for matters not related to his duties at the bank.
Highly active in the Redding Community, Mr. Moty is past president of Riverview Country Club, past Board member of Redding Rotary West and has participated on the Shasta County Grand Jury. Currently Mr. Moty sits on the Board of Directors for the Shasta County Economic Development Corporation.
Bank of Commerce Holdings, with administrative offices in Redding, California is a financial service holding company that owns Redding Bank of Commerce™, Roseville Bank of Commerce™, Sutter Bank of Commerce™ and Bank of Commerce Mortgage™.
The Company is a federally insured California banking corporation and opened on October 22, 1982.


3


 

BOCH is a NASDAQ Global Market listed stock. Please contact your local investment advisor for purchases and sales. Investment firms making a market in BOCH stock are:
     
Howe Barnes Hoefer & Arnett/ John Cavender
  Raymond James Financial/ Geoff Ball
555 Market Street
  1805 Hilltop Drive, Suite 106
San Francisco, CA
  Redding, CA
(800) 346-5544 
(800) 733-6126
  (800) 926-5040 
 
   
Wachovia Securities/ Ken Myers, Rick Hansen
   
10466 Brunswick Road
   
Grass Valley, CA
   
(888) 383-3112 
   

4