GlobeNewswire Inc | Dec 16, 2020 04:00PM EST

December 16, 2020

SACRAMENTO, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- Bank of Commerce Holdings (NASDAQ: BOCH) (the Company), a $1.740billion asset bank holding company and parent company of Merchants Bank of Commerce (the Bank), today announced that the Board of Directors has authorized a cash dividend of $0.06 per share for the 2020 fourth quarter, a $0.01 increase over the prior quarter.

The $0.06 per share quarterly cash dividend will be paid to shareholders of record as of December 29, 2020 and is payable on January 8, 2021.

About Bank of Commerce Holdings

Bank of Commerce Holdings is a bank holding company headquartered in Sacramento, California and is the parent company for Merchants Bank of Commerce. The Bank is an FDIC-insured California banking corporation providing community banking and financial services in northern California along the Interstate 5 corridor from Sacramento to Yreka and in the North Bay wine region. The Bank was incorporated as a California banking corporation on November 25, 1981 and opened for business on October 22, 1982. The Companys common stock is listed on the NASDAQ Global Market and trades under the symbol BOCH.

Contact Information

Randall S. Eslick, President and Chief Executive OfficerTelephone Direct (916) 677-5800

James A. Sundquist, Executive Vice President and Chief Financial Officer Telephone Direct (916) 677-5825

Andrea M. Newburn, Vice President and Senior Administrative Officer / Corporate SecretaryTelephone Direct (530) 722-3959