Pacific Commerce Bank (CA) announced unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company announced net income of $235,000 or $0.05 per share against net loss of $318,000 or $0.07 for the same period a year ago. Total interest income was $1,642,000 against $1,745,000 for the same period a year ago. Net interest income was $1,522,000 against $1,580,000 for the same period a year ago. Income before loan loss provision, stock options and income tax expenses was $235,000 against $318,000 for the same period a year ago. For the quarter, the company reported net charge-offs of $28,000.

Pacific Commerce Bank (CA) announced unaudited earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company announced net income of $274,000 or $0.06 per share against net loss of $5,000 or $0.00 for the same period a year ago. Net interest income was $1,548,000 against $1,653,000 for the same period a year ago. Income before loan loss provision, stock options and income tax expenses was $284,000 against $171,000 for the same period a year ago. For the year, the company reported net income of $909,000 or $0.20 per share against net loss of $1.1 million or $0.32 per share for the twelve months ended December 31, 2011. Net interest income was $6,161,000 against $7,248,000 for the same period a year ago. Income before loan loss provision, stock options and income tax expenses was $932,000 against $2,354,000 for the same period a year ago.

Pacific Commerce Bank (CA) reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported total interest income of $1,674,000 against $2,024,000 a year ago. Net interest income was $1,536,000 against $1,809,000 a year ago. Income before loan loss provision, stock options and income tax expenses was $156,000 against $615,000 a year ago. Net income was $152,000 or $0.03 per share against net loss of $794,000 or $0.23 per share a year ago. For the nine months, the company reported total interest income of $5,068,000 against $6,244,000 a year ago. Net interest income was $4,613,000 against $5,596,000 a year ago. Income before loan loss provision, stock options and income tax expenses was $648,000 against $2,183,000 a year ago. Net income was $635,000 or $0.14 per share against net loss of $1,108,000 or $0.32 per share a year ago.