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Bank of Commerce Q3 net income increases

Nov 03, 2009 (Datamonitor via COMTEX) --

Bank of Commerce Holdings has reported a net income available to common shareholders of $1.48 million, or $0.17 per share, for the third quarter ended September 30, 2009, compared to $717,000, or $0.08 per share, for the third quarter ended September 30, 2008.

Net interest income for the third quarter of 2009 increased to $7.41 million from $5.24 million for the third quarter of 2008.

Net income available to common shareholders for the first nine months ended September 30, 2009 was $3.89 million, or $0.45 per share, compared to $2.85 million, or $0.33 per share, for the first nine months ended September 30, 2008.

For the first nine months of 2009, net interest income was $21.3 million versus $15.71 million for the same period of 2008.


  
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