Earnings up at Community West Bank
Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public CompaniesCommunity West Bancshares, the holding company for Goleta-based Community West Bank, saw net income and net interest income rise in the third quarter, according to the company’s latest financial filings. The bank reported a net income of $2.9 million, or 33 cents per diluted share, as compared to $2.2 million, or 25 cents per diluted Read More →
Nomad Goods pledges to donate one million masks
Columns, NonprofitsNomad Goods, a Santa Barbara company that makes phone cases and other electronics accessories, is donating 1 million COVID-19 prevention masks to nonprofits and community organizations. Earlier this year, Nomad began producing masks and other personal protective equipment, along with it usual offerings. On Oct. 9, it announced that it was taking nominations of relief Read More →
Earnings down, assets up at Community Bank of Santa Maria
Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public CompaniesTotal assets at Community Bancorp of Santa Maria rose in the third quarter of the fiscal year, even as net income fell, the bank announced Oct. 20. The parent company of Community Bank of Santa Maria saw total assets rise to $327.6 million, an increase of 24 percent from the same time in 2019. Net Read More →
Income up at Bank of the Sierra
Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura CountySierra Bancorp, the parent company of Bank of the Sierra, announced a record quarter as net income grew by 16 percent from a year earlier. Bank of the Sierra is based in Porterville, in the San Joaquin Valley, and has 12 branches in the tri-county region, the result of a series of acquisitions of Central Read More →
Cal Poly kicks off startup competition
Central Coast, Higher Education, Latest news, Small Business, Startups, Technology, Tri-County EconomyCentral Coast companies looking for equity-backed funding now have the chance to make their case to investors through Cal Poly, San Luis Obispo. Cal Poly’s Center for Innovation and Entrepreneurship Small Business Development Center SBDC opened its application for AngelCon 2021 on Oct. 16. AngelCon, an annual event heading into its fourth iteration, is a Read More →
Region’s employment picture a little brighter
Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura CountyThe unemployment rates in Santa Barbara, Ventura and San Luis Obispo counties all continued to drop in September, and all three counties had healthier labor markets than the state a whole. The combined unemployment rate for the tri-county region was 7.9 percent in September, according to a Business Times analysis of data released Oct. 16 Read More →
Quarantined Carbajal moves to help after plant shutdown
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