REDDING, Calif., May 17 /PRNewswire-FirstCall/ -- Bank of Commerce Holdings (NASDAQ:BOCH), a $578.1 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 that Kenneth R. Gifford, Jr. has been appointed to Chairman of the Board and Lyle L. Tullis has been appointed to Vice Chairman.
Mr. Gifford has served as a director for the Company since 1998. He previously served as Chairman of the Loan Committee and is a member of the Executive and Long Range planning committees. Mr. Gifford is President and Chief Executive Officer of Gifford Construction, Inc. a renowned leading commercial contractor.
Mr. Tullis has served as a director for the Company since 2002. He is Chairman of the Nominating & Corporate Governance and a member of the Audit and Long Range Planning Committees. Mr. Tullis is President of Tullis Incorporated, a distinguished general engineering construction company specializing in public work projects.
Bank of Commerce Holdings, with administrative offices in Redding, California is a financial service holding company that owns Redding Bank of Commerce(TM), Roseville Bank of Commerce(TM), Sutter Bank of Commerce(TM) and Bank of Commerce Mortgage(TM). The Company is a federally insured California financial corporation and opened on October 22, 1982.
BOCH is a NASDAQ National Market listed stock.
Please contact your local investment advisor for purchases and sales. Investment firms trading BOCH stock: Howe Barnes Hoefer & Arnett
John Cavender
555 Market Street
San Francisco, California
(800) 346-5544 Raymond James Financial
Geoff Ball
1805 Hilltop Drive, Suite 106
Redding, California 96002
(800) 926-5040 Wachovia Securities
Ken Myers and Rick Hansen
10466 Brunswick Road
Grass Valley, California
(888) 383-3112 Morgan Stanley
310 Hemsted Drive, Suite 100
Redding, California
(800) 733-6126 For additional information concerning risks and uncertainties related to the Company and its operations please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2006 and under the heading: "Risk factors that may affect results" and subsequent reports on Form 10-Q and current reports on Form 8-K. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to revise or publicly release the results of any revision to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. DATASOURCE: Bank of Commerce Holdings CONTACT: Michael C. Mayer, President & CEO, +1-530-722-3950, or Linda J.
Miles, Chief Financial Officer, +1-530-722-3955 Web site: http://reddingbankofcommerce.com/
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