Corporate Governance

Corporate Governance Policy

The Corporate Governance Policy describes the principles and practices that the California Bank of
Commerce Board of Directors will follow in carrying out the Bank’s responsibilities. In this Policy, the
terms “Corporation” and “CBC” each refer to California Bank of Commerce. Governance Policy pdf

Audit Policy

The Bank’s audit program will consist of a continuous program of internal audit coupled with an external auditing program. The Committee will ensure the auditors have sufficient authority and the degree of audit independence essential to exercise their authority.  Open Audit Policy pdf

Charter of the Compensation Committee of the Board of Directors

The Compensation Committee (“Committee”) has been established by the Board of Directors of California Bank of Commerce (“Bank”) to assist the Board of Directors (“Board”) to discharge the responsibilities described below regarding the employee and director benefit plans, director compensation and the compensation for the Chief Executive Officer (“CEO”) of the Bank. The Committee is also to advise the CEO as to the compensation of certain key officers. Open Charter of the Compensation Committee pdf

Charter of the Investment Committee of the Board of Directors

The Investment Committee has been established by the Board of Directors of California Bank of Commerce to assist the Board of Directors by overseeing the development and maintenance of the Bank’s Asset/Liability Management Policy and by monitoring its implementation by management.  Open Charter of the Investment Committee pdf

Duties of the Directors Loan Committee and Table of Delegated Authorities

The Directors’ Loan Committee, as established by the Board of Directors, has the responsibility of overseeing the quality of the loan portfolio. The membership of DLC shall include no less than four (4) outside directors, the President/CEO, and the Chief Credit Officer (CCO).  Open Duties of the Directors Loan Committee pdf