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Bank of Commerce Declares 39th Consecutive Quarterly Cash Dividend

SAN DIEGO, Nov. 25 /PRNewswire/ -- Bank of Commerce (Nasdaq-NNM: BCOM) today announced the payment of nine cents ($.09) per share quarterly cash dividend, payable on the 3rd day of February, 1997, to holders of record of the Bank's common stock on the 31st day of December, 1996, ex-dividend date the 26th of December, 1996. This represents a one cent increase in quarterly cash dividends (12 1/2%) and is the 39th consecutive quarterly cash dividend paid by the Bank. Estimated number of common shares is 1,990,791.

Bank of Commerce is the nation's leading SBA bank lender and the 2nd largest independent bank headquartered in San Diego County. The Bank operates ten specially designated loan production offices in San Diego, Glendale, Orange, Sacramento, and San Francisco, CA; Las Vegas and Reno, NV; Phoenix and Tucson, AZ; and Portland, OR. In addition, Bank of Commerce operates six full service branches in San Diego and Riverside, CA.

SOURCE Bank of Commerce
 -0- 11/25/96

/CONTACT: Peter Q. Davis, Chairman, President & CEO of Bank of Commerce, 619-232-2096/


CO: Bank of Commerce ST: California IN: FIN SU: DIV

EQ-CW -- LAM065 -- 4012 11/25/96 19:05 EST
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Publication:PR Newswire
Date:Nov 25, 1996
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