XML 178 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 29 - Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

NOTE 29. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)


The following tables present the summary of results for the eight quarters ended December 31, 2014.


2014


(Dollars in thousands, except for share information)

 

March 31,

   

June 30,

   

September 30,

   

December 31,

   

Four Quarters

 

Net interest income

  $ 8,173     $ 8,190     $ 7,948     $ 8,290     $ 32,601  

Provision for loan and lease losses

          1,450       1,050       675       3,175  

Noninterest income

    364       2,136       671       1,144       4,315  

Noninterest expense

    7,784       6,111       6,032       6,507       26,434  

Income from continuing operations before income taxes

    753       2,765       1,537       2,252       7,307  

Provision for income tax

    188       559       264       569       1,580  

Net income attributable to Bank of Commerce Holdings

  $ 565     $ 2,206     $ 1,273     $ 1,683     $ 5,727  
                                         

Less: preferred dividend and accretion on preferred stock

    50       50       50       50       200  

Income available to common shareholders

  $ 515     $ 2,156     $ 1,223     $ 1,633     $ 5,527  

Basic earnings per share attributable to continuing operations

  $ 0.04     $ 0.16     $ 0.09     $ 0.12     $ 0.41  

Basic earnings (loss) per share attributable to discontinued operations

  $     $     $     $     $  

Average basic shares

    13,942       13,378       13,294       13,295       13,475  

Diluted earnings per share attributable to continuing operations

  $ 0.04     $ 0.16     $ 0.09     $ 0.12     $ 0.41  

Diluted earnings per share attributable to discontinued operations

  $     $     $     $     $  

Average diluted shares

    13,987       13,426       13,339       13,335       13,520  

2013


(Dollars in thousands, except for share information)

 

March 31,

   

June 30,

   

September 30,

   

December 31,

   

Four Quarters

 

Net interest income

  $ 8,506     $ 8,287     $ 8,496     $ 8,494     $ 33,783  

Provision for loan and lease losses

    1,050       1,400       300             2,750  

Noninterest income

    824       1,025       974       719       3,542  

Noninterest expense

    5,462       5,149       5,937       5,241       21,789  

Income from continuing operations before income taxes

    2,818       2,763       3,233       3,972       12,786  

Provision for income tax

    778       757       1,431       1,885       4,851  

Net income attributable to Bank of Commerce Holdings

  $ 2,040     $ 2,006     $ 1,802     $ 2,087     $ 7,935  
                                         

Less: preferred dividend and accretion on preferred stock

    50       50       50       50       200  

Income available to common shareholders

  $ 1,990     $ 1,956     $ 1,752     $ 2,037     $ 7,735  

Basic earnings per share attributable to continuing operations

  $ 0.13     $ 0.13     $ 0.12     $ 0.14     $ 0.52  

Basic earnings (loss) per share attributable to discontinued operations

  $     $     $     $     $  

Average basic shares

    15,686       15,120       14,829       14,143       14,940  

Diluted earnings per share attributable to continuing operations

  $ 0.13     $ 0.13     $ 0.12     $ 0.14     $ 0.52  

Diluted earnings per share attributable to discontinued operations

  $     $     $     $     $  

Average diluted shares

    15,703       15,139       14,853       14,176       14,964