Earnings, loans, assets all up at American Riviera Bank
American Riviera Bank’s core loans rose 20% during the past year and the bank continues to experience “tremendous” deposit growth, the company said in its Oct. 25 earnings release. The Santa Barbara-based bank reported that its core loans, not counting federal Paycheck Protection Program loans, grew to $124 million by Sept. 30, the end of Read More →
SLO-LAX flights return next week
United Airlines will resume flying between San Luis Obispo and Los Angeles International Airport on Nov. 1, a route that the airline put on hold early in the COVID-19 pandemic. “We are delighted to see this connectivity return,” San Luis Obispo County Director of Airports Courtney Johnson said in an Oct. 25 news release announcing Read More →
Region’s unemployment rate drops below 5%
The unemployment rate in the tri-county region dropped nearly a full percentage point between August and September, to reach its lowest level since before the COVID-19 pandemic began. The combined unemployment rate of Ventura, Santa Barbara and San Luis Obispo counties was just under 5% in September, down from 5.9% in August, according to a Read More →
Earnings, assets both up at Pacific Premier Bank
Pacific Premier Bancorp saw its net income and assets grow in its most recent quarter, the company announced Oct. 21. The Irvine-based bank, which has nine branches in Santa Barbara and San Luis Obispo counties, reported net income of $90.1 million, or 95 cents per diluted share, for the quarter ended Sept. 30. For the Read More →
Family Business: SLO Chamber aims to make workplaces friendlier to parents
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Community Bank of Santa Maria reports Q3 earnings jump
Community Bancorp of Santa Maria reported that its income, assets and deposits increased in the third quarter of 2021 compared to a year earlier, while the bank’s net loans were impacted by payoffs received federal Paycheck Protection Program loans. Community Bancorp is the parent company of Community Bank of Santa Maria, one of four banks Read More →
Alisal Fire now 41% contained, Highway 101 reopened
Firefighters got the upper hand Thursday on the Alisal Fire in Santa Barbara County, and on Friday morning Highway 101 was fully open between Goleta and Buellton after a three-day closure. The fire started Monday afternoon in Refugio Canyon, a few miles north of Refugio State Beach. By Friday morning, it was 41% contained, according Read More →
