California Bank Of Commerce announced unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net income to common shareholders of $1.8 million or $0.304 per basic common share compared to net loss to common shareholders of $0.15 million or $0.031 per basic common share reported in the same period last year. Interest income was $7.8 million against $5.02 million reported last year. Net interest income after provision was $6.8 million against $4.5 million reported last year. Income before tax provision was $2.9 million against $0.09 million reported last year. Return on average assets was 0.91% against negative return on average assets of 0.10% reported last year. Return on average tangible common equity was 10.35% against negative return on average tangible common equity of 0.98% reported last year. Tangible book value per common share increased 9.5% to $11.72 as of December 31, 2016, compared to $10.70 a year ago. For the year, the company reported net income to common shareholders of $5.04 million or $0.879 per basic common share compared to net income to common shareholders of $2.16 million or $0.494 per basic common share reported in the same period last year. Interest income was $29.25 million against $18.6 million reported last year. Net interest income after provision was $25.7 million against $17 million reported last year. Income before tax provision was $8.4 million against $3.85 million reported last year. Return on average assets was 0.74% against 0.47% reported last year. Return on average tangible common equity was 8.03% against 4.54% reported last year.