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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Interest and fees on loans $ 7,487 $ 8,462 $ 22,486 $ 25,122
Interest on tax-exempt securities 673 612 1,952 1,777
Interest on U.S. government securities 445 426 1,210 1,225
Interest on other securities 716 841 2,312 2,367
Total interest income 9,321 10,341 27,960 30,491
Interest expense:        
Interest on demand deposits 113 147 364 457
Interest on savings deposits 61 90 194 311
Interest on certificates of deposit 639 866 1,990 2,936
Interest on securities sold under repurchase agreements 0 6 6 19
Interest on Federal Home Loan Bank borrowings (84) (4) (163) 99
Interest on other borrowings 96 121 280 315
Total interest expense 825 1,226 2,671 4,137
Net interest income 8,496 9,115 25,289 26,354
Provision for loan losses 300 1,900 2,750 4,850
Net interest income after provision for loan and lease losses 8,196 7,215 22,539 21,504
Noninterest income:        
Service charges on deposit accounts 46 49 146 146
Payroll and benefit processing fees 113 122 355 395
Earnings on cash surrender value - Bank owned life insurance 133 114 401 341
Gain on investment securities, net 336 550 931 1,737
Merchant credit card service income, net 33 39 98 112
Other income 313 545 892 1,149
Total noninterest income 974 1,419 2,823 3,880
Noninterest expense:        
Salaries and related benefits 2,865 2,732 8,863 8,385
Occupancy and equipment expense 549 508 1,651 1,523
Other real estate owned write down 0 0 0 425
Federal Deposit Insurance Corporation insurance premium 202 202 535 612
Data processing fees 127 94 397 279
Professional service fees 364 255 926 862
Deferred compensation expense 58 150 58 440
Other expenses 1,772 1,543 4,118 4,099
Total noninterest expense 5,937 5,484 16,548 16,625
Income from continuing operations before provision for income taxes 3,233 3,150 8,814 8,759
Provision for income taxes 1,431 923 2,966 2,583
Net Income from continuing operations 1,802 2,227 5,848 6,176
Discontinued Operations:        
Income (loss) from discontinued operations 0 (746) 0 535
Income tax expense associated with income (loss) from discontinued operations 0 (239) 0 331
Net income (loss) from discontinued operations 0 (507) 0 204
Less: Net income from discontinued operations attributable to non-controlling interest 0 0 0 348
Net income (loss) from discontinued operations attributable to controlling interest 0 (507) 0 (144)
Net income attributable to Bank of Commerce Holdings 1,802 1,720 5,848 6,032
Less: Preferred dividends and accretion on preferred stock 50 250 150 684
Net Income available to common shareholders $ 1,752 $ 1,470 $ 5,698 $ 5,348
Basic earnings per share attributable to continuing operations $ 0.12 $ 0.12 $ 0.37 $ 0.33
Basic earnings (loss) per share attributable to discontinued operations $ 0.00 $ (0.03) $ 0.00 $ (0.01)
Average basic shares 14,829 16,240 15,208 16,448
Diluted earnings per share attributable to continuing operations $ 0.12 $ 0.12 $ 0.37 $ 0.33
Diluted earnings (loss) per share attributable to discontinued operations $ 0.00 $ (0.03) $ 0.00 $ (0.01)
Average diluted shares 14,853 16,240 15,230 16,448