Inactive Instrument

BANK OF COMM

Equities

BOCH

US06424J1034

Bank of Commerce Holdings Announces Board Appointments

March 01, 2013 at 08:46 am IST

Bank of Commerce Holdings has appointed Lyle Tullis as the new chairman of the board of directors and Jon Halfhide as its vice chairman. Mr. Tullis previously served as vice chairman of the company's board of directors and also currently serves as chairman of the company's nominating and corporate governance committee, and is a member of the Executive, Audit & Qualified Legal Compliance and Long-Range Planning committees. Mr. Tullis has been a director of the Company since 2003 and a director of the Bank since 2003.

Mr. Tullis is president of Tullis Inc. Mr. Halfhide has been a director of the Company since 2006 and a director of the Bank since 2005. He currently serves as Chairman of the company's Executive Compensation and ALCO committees and is a member of the company's Nomination and Corporate Governance, Long-Range Planning, and Audit & Qualified Legal Compliance committees.

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Company Profile

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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