Closing price: $4.85 (May 26)
Annual Dividend: 24 centsDividend Yield: 5% (forward annual) Price-to-Book: 0.96 Price-to-Earnings: 10.34 Recent developments: On April 30, Bank of Commerce Holdings reported first-quarter earnings of 15 cents a share, up from a year-ago quarter as well as the fourth quarter of 2009. The provision for loan losses increased to $2.3 million from $1.4 million in the year-ago quarter, although non-performing assets were 2.02% of total assets, which was down from both the fourth quarter and first quarter of 2009. In March, the company raised $30.6 million through a secondary offering of common shares. Bank of Commerce Holdings currently trades at book value, and its price-to-earnings ratio is a discount compared to its closest peers.