Bank of Commerce Holdings BOCH Income Statement

Bank of commerce holdings (BOCH)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest income:
Interest and fees on loans
50,841	50,534	49,385	47,940	46,257	44,955	43,544	41,863	40,457	39,112	38,210	37,330	36,368	35,435	34,553	33,903	33,411	32,871	32,404	31,397	30,281	29,464	29,064	29,201	29,365	29,918	30,512	31,487	32,423	33,148	33,421	33,753	34,423	35,084	36,495	37,212	0	0	0
Interest on taxable securities
6,491	6,673	6,575	6,175	5,720	5,165	4,907	4,747	4,341	3,921	3,415	3,055	2,991	2,986	3,076	3,130	3,123	3,284	3,476	3,734	4,045	4,214	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Interest on tax-exempt securities
1,128	1,244	1,339	1,468	1,553	1,629	1,805	1,956	2,077	2,144	2,137	2,138	2,192	2,256	2,333	2,373	2,387	2,392	2,413	2,450	2,483	2,536	2,574	2,618	2,639	2,610	2,574	2,513	2,442	2,399	2,311	2,169	2,062	2,014	1,945	1,856	0	0	0
Interest on interest-bearing deposits in other banks
1,021	1,112	1,206	1,152	1,068	952	742	766	787	772	658	462	371	332	261	219	210	206	257	339	410	479	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Interest on U.S. government securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	1,600	1,611	1,836	2,123	2,381	2,451	0	0	0
Interest on other securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	3,001	2,708	2,491	2,410	2,248	2,042	0	0	0
Total interest income
59,481	59,563	58,505	56,735	54,598	52,701	50,998	49,332	47,662	45,949	44,420	42,985	41,922	41,009	40,223	39,625	39,131	38,753	38,550	37,920	37,219	36,693	36,466	36,685	36,784	37,261	37,805	38,825	39,739	40,337	40,333	40,241	40,812	41,631	43,069	43,561	0	0	0
Interest expense:
Interest on demand - interest-bearing
454	480	513	500	451	414	19	111	215	274	341	281	227	201	509	489	466	460	448	455	466	471	483	473	467	485	517	551	592	610	623	667	718	787	872	907	0	0	0
Interest on money market
1,713	1,599	1,327	1,048	803	646	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on savings
500	493	457	399	340	288	250	229	212	200	191	182	176	174	180	190	204	213	217	223	225	228	233	235	240	254	277	306	349	394	456	538	662	792	884	933	0	0	0
Interest on certificates of deposit
1,951	1,977	1,940	1,914	1,905	1,910	1,995	2,097	2,154	2,188	2,184	2,141	2,111	2,179	2,221	2,283	2,362	2,356	2,394	2,458	2,537	2,608	2,620	2,609	2,590	2,625	2,751	2,978	3,329	3,697	4,059	4,397	4,664	4,912	5,242	5,592	0	0	0
Interest on term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,941	2,124	2,192	1,759	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,759	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on Federal Home Loan Bank of San Francisco borrowings
-	247	247	368	443	435	435	314	50	3	0	0	0	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	0	0	-	625	628	0	0	0
Interest on other borrowings
751	806	888	984	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on other borrowings
-	-	-	-	-	-	-	-	1,153	1,165	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on junior subordinated debentures
403	426	431	429	416	385	359	329	303	287	274	259	247	235	224	212	202	195	237	283	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on securities sold under repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	26	29	35	43	49	55	0	0	0
Interest on Federal Home Loan Bank borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Interest on other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	414	439	532	528	634	607	732	942	1,093	1,405	0	0	0
Total interest expense
5,964	6,028	5,790	5,615	5,393	5,155	5,077	4,954	4,689	4,587	4,493	4,366	4,261	4,778	5,075	5,298	5,426	4,983	4,841	4,718	4,422	4,092	3,660	3,331	3,334	3,478	3,763	4,164	4,650	5,229	5,450	6,029	6,797	7,476	8,765	9,520	0	0	0
Net interest income
53,517	53,535	52,715	51,120	49,205	47,546	45,921	44,378	42,973	41,362	39,927	38,619	37,661	36,231	35,148	34,327	33,705	33,770	33,709	33,202	32,797	32,601	32,806	33,354	33,450	33,783	34,042	34,661	35,089	35,108	34,883	34,212	34,015	34,155	34,304	34,041	0	0	0
Provision for loan and lease losses
0	-	-	-	-	-	-	-	-	950	500	500	200	-	0	0	0	-	0	0	-	-	0	0	-	2,750	7,300	8,900	9,150	9,400	6,650	6,961	7,891	8,991	0	0	0	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net interest income after provision for loan and lease losses
50,667	53,535	52,715	51,120	49,205	47,546	45,471	43,928	42,223	40,412	39,427	38,119	37,461	36,231	35,148	34,327	33,705	33,770	33,034	31,477	29,622	29,426	30,306	31,604	31,750	31,033	26,742	25,761	25,939	25,708	28,233	27,251	26,124	25,164	22,663	23,011	0	0	0
Noninterest income:
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	344	263	227	204	204	202	191	186	180	176	189	191	188	191	187	188	186	187	189	192	215	227	0	0	0
ATM and point of sale fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	810	618	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payroll and benefit processing fees
668	669	664	665	654	652	647	635	636	658	646	632	624	593	571	576	567	555	553	542	521	508	500	486	491	484	498	507	511	538	524	501	485	458	436	437	0	0	0
Life insurance
530	536	538	540	512	512	519	525	533	1,050	1,067	1,085	1,103	613	620	626	632	641	651	664	667	628	592	554	504	534	530	511	513	470	459	462	467	465	459	449	0	0	0
Gain on sale of investment securities, net
178	186	140	129	100	44	39	76	107	137	191	223	216	244	222	289	322	443	506	401	301	-159	-188	116	561	995	3,016	3,230	3,366	3,822	1,842	1,824	1,937	1,550	1,624	1,225	0	0	0
Impairment losses on investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Home Loan Bank of San Francisco dividends
516	507	577	550	521	480	360	336	295	318	590	612	657	644	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) gain on sale of OREO
16	62	105	98	80	73	355	443	455	368	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on settlement of put reserve
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Merchant credit card service income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130	136	142	144	146	146	141	376	407	432	0	0	0
Mortgage banking revenue, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Other (loss) income
220	336	418	415	422	445	276	361	428	461	644	535	494	636	-66	79	322	314	907	971	2,450	2,477	2,904	2,926	1,370	1,338	1,174	1,406	1,419	1,431	1,571	1,238	1,032	850	519	392	0	0	0
Total noninterest income
4,019	4,184	4,295	4,232	4,094	4,019	4,169	4,302	4,335	4,824	4,683	4,566	4,008	3,486	2,985	2,834	3,278	3,183	3,687	3,550	4,805	4,315	3,890	4,193	3,082	3,542	5,536	5,981	6,138	6,593	-355	-725	1,718	3,891	13,774	16,052	0	0	0
Noninterest expense:
Salaries and related benefits
20,962	20,804	20,692	20,216	19,583	18,709	18,420	18,182	17,816	17,819	17,533	17,115	17,054	16,425	15,798	15,133	14,622	14,303	14,994	15,306	15,195	14,965	13,836	13,181	12,791	12,035	11,508	11,375	10,896	11,030	7,604	7,379	8,801	9,957	14,900	15,758	0	0	0
Premises and equipment
3,631	3,752	3,749	3,816	3,887	3,983	4,177	4,227	4,265	4,242	4,191	4,195	4,128	3,869	3,584	3,227	2,949	2,894	2,872	2,907	2,876	2,784	2,622	2,422	2,273	2,205	2,187	2,146	2,090	2,058	1,456	1,496	1,823	2,009	3,028	3,404	0	0	0
Federal Deposit Insurance Corporation insurance premium
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	0	0	-	557	686	1,750	0	0	0
Federal Deposit Insurance Corporation insurance premium
-	-	-	382	-	-	-	355	366	318	332	430	507	615	686	669	666	717	758	803	814	798	774	772	828	725	743	743	696	820	896	994	1,159	1,319	1,285	1,239	0	0	0
Data processing
2,490	2,535	2,338	2,291	2,141	1,997	1,876	1,795	1,775	1,749	1,828	1,855	1,777	1,675	1,421	1,200	1,078	1,016	1,015	998	974	926	797	698	607	547	539	506	485	421	386	384	360	389	334	306	0	0	0
Professional services
1,570	1,539	1,666	1,610	1,389	1,431	1,274	1,214	1,359	1,398	1,600	1,627	1,638	1,690	1,670	1,704	1,676	1,628	1,714	1,660	1,522	1,398	1,165	1,246	1,236	1,241	1,143	1,034	1,044	1,078	480	454	745	1,016	1,614	1,928	0	0	0
Telecommunications
735	737	692	553	551	594	675	839	884	879	859	839	815	751	661	571	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition and merger
-	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition costs
-	-	-	0	-	-	-	-	-	-	-	-	-	580	580	580	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on cancellation of interest rate swap
-	-	-	-	-	-	-	-	-	-	-	-	-	-2,325	-2,325	-2,325	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	-	605	594	579	565	550	533	520	506	0	0	0
Stationery and supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Postage
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Directors' expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other expenses
6,437	5,604	5,386	5,018	4,391	4,272	4,394	4,340	4,542	4,559	4,436	4,486	4,402	4,570	4,230	3,988	3,642	3,551	3,926	3,918	3,981	5,191	5,108	6,091	6,040	5,036	4,654	4,425	4,615	4,793	4,700	4,042	4,469	4,147	4,806	4,853	0	0	0
Total noninterest expense
36,115	37,255	37,702	37,036	35,096	32,206	31,229	30,952	31,007	30,964	30,779	30,547	30,489	32,500	31,410	29,859	28,313	24,905	25,461	25,658	25,387	26,434	24,504	24,670	23,967	21,789	21,141	20,688	20,856	21,219	16,355	15,568	18,106	19,927	27,493	30,305	0	0	0
Income before provision for income taxes
18,571	20,464	19,308	18,316	18,203	19,359	18,411	17,278	15,551	14,272	13,331	12,138	10,980	7,217	6,723	7,302	8,670	12,048	11,260	9,369	9,040	7,307	9,692	11,127	10,865	12,786	11,137	11,054	11,221	11,082	11,523	10,958	9,736	9,128	8,944	8,758	0	0	0
Provision for income taxes
5,000	5,503	3,877	3,495	3,408	3,629	7,513	7,536	7,218	6,928	3,697	3,014	2,509	1,958	1,891	2,311	2,845	3,462	2,861	2,222	2,077	1,580	3,561	4,467	4,405	4,851	3,905	3,397	3,497	3,522	3,475	3,457	2,816	2,444	2,468	2,313	0	0	0
Net income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,232	7,657	7,724	7,560	0	0	0	-	-	-	-	-	-
Net Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	535	1,745	0	0	-	0	-	-	-	-
Income tax expense associated with income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	331	830	0	0	-	0	-	-	-	-
Net income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	204	915	0	0	-	0	-	-	-	-
Less: income from discontinued operations attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-
Less: Net income from discontinued operations attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	435	231	0	0	0
Net (loss) income from discontinued operations attributable to controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-144	219	0	0	-	0	-	-	-	-
Net income
13,571	14,961	15,431	14,821	14,795	15,730	10,898	9,742	8,333	7,344	9,634	9,124	8,471	5,259	4,832	4,991	5,825	8,586	8,399	7,147	6,963	5,727	5,846	0	0	-	0	-	-	7,416	8,094	8,417	7,651	7,255	6,752	6,214	0	0	0
Less: Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	189	200	200	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	346	546	744	880	823	907	894	943	1,039	941	0	0	0
Income available to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,295	8,199	6,947	6,763	5,527	5,931	6,460	6,260	7,735	6,886	6,604	6,652	6,536	7,271	7,510	6,757	6,312	5,713	5,273	0	0	0
Earnings per share - basic (in dollars per share)
0.05	0.24	0.26	0.20	0.13	0.30	0.25	0.22	0.20	-0.02	0.18	0.15	0.17	0.17	0.18	0.11	-0.07	-	0.18	0.18	-	0.12	0.09	0.16	0.04	-	0.12	-	-	0.08	0.12	0.11	0.10	-	0.08	-	-	-	-
(Loss) earnings per share - basic (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.13	-	-	-	-	-	-	0.13	0.13	-	-	-	-	-	-	0.07	0.08	0.08	0.08
Basic earnings per share attributable to discontinued operations (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	0.00	-0.03	0.01	0.01	-	0.02	-	-	-	-
Weighted average shares - basic (in shares)
17,695	18,071	18,130	18,134	17,489	16,270	16,252	16,245	16,225	16,207	16,191	15,014	13,416	13,372	13,369	13,367	13,360	13,343	13,340	13,338	13,303	13,286	13,294	13,378	13,942	14,125	14,829	15,120	15,686	16,029	16,240	16,302	16,805	33,965	16,991	16,991	16	16	16,837
Earnings per share - diluted (in dollars per share)
0.05	0.24	0.26	0.20	0.13	0.29	0.25	0.22	0.20	-0.02	0.18	0.15	0.17	0.17	0.18	0.11	-0.07	-	0.18	0.18	-	0.12	0.09	0.16	0.04	-	0.12	-	-	0.08	0.12	0.11	0.10	-	0.08	-	-	-	-
(Loss) earnings per share - diluted (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.13	-	-	-	-	-	-	0.13	0.13	-	-	-	-	-	-	0.07	0.08	0.08	0.08
Diluted earnings per share attributable to discontinued operations (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	0.00	-0.03	0.01	0.01	-	0.02	-	-	-	-
Weighted average shares - diluted (in shares)
17,747	18,154	18,196	18,194	17,552	16,351	16,342	16,325	16,310	16,318	16,288	15,113	13,521	13,476	13,439	13,425	13,360	13,373	13,377	13,370	13,340	13,328	13,339	13,426	13,987	14,161	14,853	15,139	15,703	16,029	16,240	16,302	16,805	33,965	16,991	16,991	16	16	16,837
Cash dividends declared
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	0.06
Deposit Account [Member]
Revenue from Contract with Customer
730	730	694	687	675	682	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit and Debit Card [Member]
Revenue from Contract with Customer
1,161	1,158	1,159	1,148	1,130	1,131	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-