bank of commerce/charlotte
(BONC:OTC US)
bank of commerce/charlotte (BONC) Snapshot
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Open
$3.05
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Previous Close
$3.00
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Day High
$3.05
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Day Low
$3.00
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52 Week High
02/27/13 - $3.55
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52 Week Low
06/1/12 - $1.85
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Market Cap
4.8M
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Average Volume 10 Days
100.0
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EPS TTM
--
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Shares Outstanding
1.6M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
bank of commerce/charlotte (BONC) Related Businessweek News
No Related Businessweek News Foundbank of commerce/charlotte (BONC) Details
Bank of Commerce provides various banking products and services for individuals and businesses principally in Mecklenburg County in the Charlotte region of North Carolina. It generates deposit products, including demand deposits, money market accounts, savings accounts, time deposits, checking accounts, health savings accounts, sweep accounts, and certificates of deposit. The company also provides commercial loans comprising commerce business reserve, equipment loans, commercial lines of credit, real estate loans, and construction loans/permanent real estate financing; and personal loans, such as house, automobile, boat loans. In addition, it offers online banking, bill pay, ATM card, debit and credit card, and phone banking services. The company was incorporated in 2006 and is based in Charlotte, North Carolina.
bank of commerce/charlotte (BONC) Key Developments
Bank of Commerce reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company posted net income available to common shareholders of $69,000 compared to $48,000 for the same period last year. Total interest income was $1,209,000 compared to $1,379,000 reported a year ago. Net interest income was $1,041,000 compared to $1,061,000 reported a year ago. Income before taxes was $117,000 compared to $56,000 reported a year ago.
Bank of Commerce reported unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported total interest income of $1,270,000 compared to $1,498,000 a year ago. Net interest income was $1,087,000 compared to $1,115,000 a year ago. Loss before taxes was $69,000 compared to $839,000 a year ago. Net loss available to common stock holders was $96,000 compared to $847,000 a year ago. For the full year, the company reported total interest income of $5,271,000 compared to $6,608,000 a year ago. Net interest income was $4,291,000 compared to $4,613,000 a year ago. Income before taxes was $253,000 compared to loss before taxes of $1,725,000 a year ago. Net profit available to common stock holders was $101,000 compared to net loss available to common stock holders of $1,814,000 a year ago.
Bank of Commerce announced unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, total interest income was $1,294,000 against $1,617,000 for the same period a year ago. Net interest income was $1,091,000 against $1,137,000 for the same period a year ago. Income before taxes was $81,000 against loss before taxes of $752,000 for the same period a year ago. Net income available to common shareholders was $33,000 against net loss attributable to common shareholders of $737,000 for the same period a year ago. For the nine months, total interest income was $4,001,000 against $5,110,000 for the same period a year ago. Net interest income was $3,204,000 against $3,498,000 for the same period a year ago. Income before taxes was $322,000 against loss before taxes of $886,000 for the same period a year ago. Net income available to common shareholders was $197,000 against net loss attributable to common shareholders of $967,000 for the same period a year ago.
| Recently Viewed | |||
| BONC:US | $3.00 USD | 0.00 | |
| Company | Last | Change | |
| No competitor information is available for BONC. | |||
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Industry Analysis
BONC
Industry Average
| Valuation | BONC | Industry Range |
| Price/Earnings | 39.3x |
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| Price/Sales | 1.0x |
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| Price/Book | 0.4x |
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| Price/Cash Flow | 15.3x |
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| TEV/Sales | NM | Not Meaningful |
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To contact BANK OF COMMERCE/CHARLOTTE, please visit www.bocnc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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