 MEDFORD, Ore.--BUSINESS WIRE--Peoples Bank of Commerce OTCBB: PBCO announced today its financial results for the first quarter of 2021. The bank reported net income of 2,892,000, or 0.73 per diluted share, for the first quarter of 2021 compared to net income of 1,111,000, or 0.33 per diluted share, in the same quarter of 2020. First quarter earnings in 2021 were impacted by the one-time, non-recurring merger accounting adjustments with Willamette Community Bank totaling 527 thousand o 