Bank of Commerce Increases Business Lending Efforts Community Bank Receives $3 Million From Capital Purchase Program
"Over this past year, the Bank of Commerce has increased its loans by a
very respectable 64%. Loan demand remains strong in our market and we want to
continue to serve our clients' credit needs, but in doing so we must be
mindful of our capital levels," said
Bank of Commerce serves the needs of independently owned businesses in the
Online banking, courier service and extended deposit hours are additional
hallmarks of Bank of Commerce. The Bank's common stock is quoted in the over-
the-counter market through the OTC Bulletin Board under the symbol "BONC.OB."
For additional information, contact Bank of Commerce Headquarters, 100 Queens
This release contains certain forward-looking statements with respect to the financial condition, results of operations and business of Bank of Commerce. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of management of the Bank and on the information available to management at the time that these disclosures were prepared. These statements can be identified by the use of words like "expect," "anticipate," "estimate" and "believe," variations of these words and other similar expressions. Readers should not place undue reliance on forward-looking statements as a number of important factors could cause actual results to differ materially from those in the forward-looking statements. The Bank does not undertake an obligation to update any forward-looking statements.
SOURCE Bank of Commerce