Inactive Instrument

BANK OF COMM

BOCH

US06424J1034

Bank of Commerce Holdings Reports Loans Charged-Off for the Fourth Quarter Ended December 31, 2020

January 22, 2021 at 09:00 am

Bank of Commerce Holdings reported loans charged-off for the fourth quarter ended December 31, 2020. For the quarter, the company's loans charged-off was $86,000 against $174,000 a year ago.

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Bank of Commerce Holdings (Holding Company) is a bank holding company. The Company's principal business is to serve as a holding company for Redding Bank of Commerce (Bank), which operates under two separate names (Redding Bank of Commerce and Sacramento Bank of Commerce). The Bank operates over four full service facilities in two diverse markets in Northern California. The Bank provides a range of financial services and products for business and retail customers. Its principal products include various types of accounts, such as checking, interest-bearing checking, savings, certificate of deposit and money market deposit. It also offers sweep arrangements, commercial loans, construction loans, term loans, safe deposit boxes and electronic banking services. The primary focus of the Bank is to provide banking and related services to small and mid-sized businesses and not-for-profit organizations, as well as banking services for consumers, primarily business owners and their employees.

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BANK OF COMM

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BOCH

US06424J1034

Bank of Commerce Holdings Reports Loans Charged-Off for the Fourth Quarter Ended December 31, 2020

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