XML 58 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks $ 28,616 $ 21,756
Interest bearing due from banks 20,379 23,312
Total cash and cash equivalents 48,995 45,068
Securities available-for-sale, at fair value 209,642 197,354
Securities held-to-maturity, at amortized cost 34,814 31,483
Portfolio loans 594,844 664,363
Allowance for loan and lease losses (13,542) (11,103)
Net loans 581,302 653,260
Bank premises and equipment, net 10,533 9,736
Goodwill and other intangibles 31 55
Other real estate owned 959 3,061
Other assets 45,541 39,407
TOTAL ASSETS 931,817 979,424
LIABILITIES AND STOCKHOLDERS' EQUITY    
Demand - noninterest bearing 128,299 117,474
Demand - interest bearing 257,390 239,592
Savings accounts 92,043 89,364
Certificates of deposit 247,791 254,622
Total deposits 725,523 701,052
Securities sold under agreements to repurchase 0 13,095
Federal Home Loan Bank borrowings 75,000 125,000
Junior subordinated debentures 15,465 15,465
Other liabilities 13,061 14,491
Total Liabilities 829,049 869,103
COMMITMENTS AND CONTINGENCIES (NOTE 11)      
Stockholders' Equity:    
Common stock, no par value, 50,000,000 shares authorized; 16,991,495 issued; 14,462,337 outstanding as of September 30, 2013 and 15,972,005 outstanding on December 31, 2012 31,077 38,871
Retained earnings 54,327 50,261
Accumulated other comprehensive (loss) income, net of tax (2,567) 1,258
Total Equity - Bank of Commerce Holdings 102,768 110,321
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 931,817 979,424
Series B Preferred stock [Member]
   
Stockholders' Equity:    
Preferred stock, no par value, 2,000,000 shares authorized: Series B (liquidation preference $1,000 per share) issued and outstanding: 20,000 in 2013 and 20,000 in 2012 $ 19,931 $ 19,931