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Community Bank of Santa Maria reports second quarter gains after sale of its Lompoc branch

By   /   Tuesday, July 17th, 2018  /   Comments Off on Community Bank of Santa Maria reports second quarter gains after sale of its Lompoc branch

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Community Bancrp of Santa Maria said net income for the second quarter jumped 131 percent from $788,879 for the period ending June 30, 2017 to $1,822,459 for the quarter ended June 30, 2018. Net loans grew 9.5 percent, from $150.8 million at June 30, 2017 to $165.1 million at June 30, 2018. The results reflect…

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