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You are here:  Home  >  Articles by Marlize van Romburgh  -  Page 64
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Revisiting a bank acquisition, one year later: Bank of SB hits 54% asset growth

By   /  Monday, October 4th, 2010  /  Banking & Finance, Banking Industry  /  Comments Off on Revisiting a bank acquisition, one year later: Bank of SB hits 54% asset growth

One of the Tri-Counties’ smallest banks has made a sizeable rebound in the 10 months since a team of Santa Barbara investors purchased it from its former Michigan parent. The Bank of Santa Barbara, which came under local ownership in November 2009, has seen deposits jump 80 percent year-over-year as assets climbed more than 54 Read More →

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All grown up: These SLO entrepreneurs have come a long way

By   /  Monday, September 27th, 2010  /  Features, Small Business  /  Comments Off on All grown up: These SLO entrepreneurs have come a long way

San Luis Obispo’s startups are growing up fast. Thirteen years ago, two San Luis Obispo high school students started their own company because they couldn’t find part-time jobs to fit their busy student-athlete schedules. That business, Meathead Movers, has since grown into a flourishing moving and storage empire that helps some 180 college students put Read More →

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Cal Oaks deal puts small banks in play

By   /  Monday, September 6th, 2010  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Cal Oaks deal puts small banks in play

The $17.3 million proposed merger of Thousand Oaks-based California Oaks State Bank and a larger San Fernando Valley bank may hint at what the community banking world will look like in the aftermath of financial overhaul. Many smaller banks, especially those with less than $500 million in assets, are looking to their neighbors or larger Read More →

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Pacific Capital’s Ford infusion

By   /  Monday, May 10th, 2010  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies  /  Comments Off on Pacific Capital’s Ford infusion

Pacific Capital Bancorp’s $500 million rescue by a private equity firm would spread the pain among shareholders, debt holders and the U.S. Treasury. But it also spreads the upside if the bank recovers, and in the meantime it might be the only way to keep the Santa Barbara Bank & Trust name alive in the Read More →

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