Accum- ulated Other Total Preferred Stock – Series A  Preferred Stock – Series B  Preferred Stock – Series C  Common Stock Accum- Compre- Share- ulated hensive holders’ Shares Amount Shares Amount Shares Amount Shares Amount Deficit  Income Equity Balance, January 1, 2010 4,000 $ 3,787,039 200 $ 192,065 $ 2,750,000 $ 29,269,174 $ (10,142,295) $ 224,150 $ 23,330,133 Amortization of discount on Series A and discount accretion on Series B preferred stock (Note 16) 38,095 1,905 (40,000) Share-based compensation expense (Note 11) 534,834 534,834 Preferred stock dividends (Note 16) (218,000) (218,000) Comprehensive earnings: Net income 3,365,896 3,365,896 Other Comprehensive income (loss): Net change in unrealized gains on available-for-sale investment securities, net of taxes  (54,231)  (54,231) Balance, December 31, 2010  4,000  $ 3,825,134  200  $ 193,970  $  2,750,000  $29,804,008  $  (7,034,399) $ 169,919  $26,958,632 For the Y ears Ended December 31, 2011 and 2010 STATEMENT OF CHANGES IN SHAREHOLDER’S EQUITY AND COMPREHENSIVE INCOME California Bank of Commerce (Continued) 11