Kotak To Raise $1 Billion Infrastructure Fund

REDDING, Calif., Feb. 1 /PRNewswire-FirstCall/ -- Bank of Commerce Holdings (Nasdaq: BOCH - News), a $618.3 million asset financial holding company, and parent company of Redding Bank of Commerce(TM), Roseville Bank of Commerce(TM), Sutter Bank of Commerce(TM) and Bank of Commerce Mortgage(TM) today announced income of $6.1 million for 2007.

"The strength of our core banking business continued to serve us very well through 2007. Top line revenues increased to $45.8 million in 2007 compared with $39.5 million in 2006, a 15.9% increase over the prior year. Removing a non-recurring income item of $2.3 million, top line revenues are still up 9.9% or $3.9 million over the prior year's performance. Overall, our performance remains above average and consistent with our goal of achieving upper quartile performance compared with our peers."

"Our loan and deposit growth trends were solid and our team continued to earn more of our customers business. read more