What are Bank Of Commerce Holdings's Business Segments?
Most of our current customers are small to medium sized businesses, professionals
and other individuals with medium to high net worth, and most of our deposits
are obtained from such customers. Subsequent to our Branch Acquisition, our strategy
will expand to include a greater emphasis on retail depositors and their consumer
loan needs.
We provide a wide range of financial services and products for business and consumer
customers. The services we offer include those traditionally offered by banks
of similar size and character in California. Our principal products include the
following types of accounts; checking, interest-bearing checking, savings, certificate
of deposit, money market deposit. We also offer sweep arrangements, commercial
loans, construction loans, term loans, safe deposit boxes, and electronic banking
services. We currently do not offer trust services or international banking services.
The majority of the loans we originate are direct loans made to individuals and
small businesses in our principal markets. We accept as collateral for loans,
real estate, listed and unlisted securities, savings and time deposits, automobiles,
machinery and equipment and other general business assets such as accounts receivable
and inventory. In addition to direct lending, our loan portfolio includes a loans
that were purchased as pools of loans, or participations where a portion of a
loan was originated by another lending institution.
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