OCB Bancorp income grows during third quarter
In its third quarter earnings report, OCB Bancorp — parent company of Ojai Community Bank, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank — reported net income year-to-date of $851,000, or 37 cents per share, up from $622,000 last year. Total loans increased by $42 million, or 26 percent, to hit Read More →
Qualstar boosts revenue, narrows loss in third quarter
Simi Valley-based Qualstar Corp. reported a 15 percent increase in revenue in its third quarter earnings report. The data storage manufacturer had $2.7 million in revenue, up from $2.3 million in the same period last year. Its net loss totaled $53,000, or a 3 cent loss per basic and diluted share, compared to net loss of $1.5 million, or a 71 cent Read More →
Successful leadership must be sustained
By Greg Van Ness Leading successfully is challenging, as anyone who has tackled a leadership role knows well. Much has been written and will continue to be written about the keys to successful leadership — in fact, Amazon currently lists more than 180,000 entries for “leadership books” on its website. Leaders make an outsized impact Read More →
Small business backlash fueled Trump’s victory
When the Business Times asked Labor Secretary Tom Perez last spring if the Obamacare mandates, new overtime rules and other new regulations amounted to a war on small business, he dismissed us with a wave of the hand. “Predictions of disaster amount to exactly that,” he said. On Nov. 8 the disaster arrived. And it Read More →
Central Coast startups work on stuff of science fiction
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Building more affordable housing difficult for tri-county developers
Building affordable housing can be anything but affordable for developers. Developers often need some sort of subsidy for affordable projects to pencil out, given the fact that they will receive below-market rents. Yet, the arena for federal income tax credits is becoming increasingly competitive. Projects are rated on a point system for the Low-Income Housing Read More →
UCSB plans to upgrade or replace baseball stadium
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