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By pacbiztimes / Thursday, November 19th, 2020 / Central Coast, East Ventura County, Health Care & Life Science, Latest news, Law & Goverment, South Coast, Tri-County Economy, West Ventura County / Comments Off on Newsom issues COVID curfew for most of state
Gov. Gavin Newsom and the California Department of Public Health announced a limited “stay-at-home order” requiring all non-essential work, travel and gatherings to stop between 10 p.m. and 5 a.m. for the vast majority of the state’s population. The curfew order applies to all counties in California that are in the most restrictive, or purple, Read More →
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By pacbiztimes / Monday, November 16th, 2020 / Central Coast, East Ventura County, Health Care & Life Science, Latest news, Law & Goverment, Restaurants, Small Business, South Coast, Tri-County Economy, West Ventura County / Comments Off on As COVID cases rise, region takes step back on road to re-opening
The entire tri-county region is going back into the most restrictive tier of California’s pandemic reopening system, as a rise in cases across the state forced Gov. Gavin Newsom to take emergency action. Under the state’s rules, all three counties would have re-entered the purple tier on Nov. 24, the Tuesday before Thanksgiving, if case Read More →
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By Jorge Mercado / Wednesday, November 4th, 2020 / Agribusiness, Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Top Story, Tri-County Economy, West Ventura County / Comments Off on Ventura County voters say yes to cannabis in early returns
Preliminary election results looks like Ventura County has been given the green light for cannabis production.
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By pacbiztimes / Friday, October 30th, 2020 / Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Mission Bancorp reports growth in earnings, revenue, deposits
Mission Bancorp, which has business banking offices in Ventura and San Luis Obispo, set a new all-time record for net income when it announced its third quarter financial results. The bank reported a net income of $4.2 million, or $2.07 per basic common share, compared to the net income of $3.7 million, or $1.85 per Read More →
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By Tom Bronzini / Thursday, October 29th, 2020 / Agribusiness, Central Coast, Latest news, South Coast, Top Stories, Top Story, Tourism, Tri-County Economy, Wine & Viticulture / Comments Off on Santa Barbara County wine group abandons bid for BID
The Santa Barbara County Vintners Association has abandoned its two-year effort to establish the world’s first wine business improvement district, or BID, as an answer to its longstanding problem of lagging behind other wine regions in marketing spending. Vintners Association Executive Director Alison Laslett said in an Oct. 29 letter to members, co-signed by the Read More →
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By Staff Report / Tuesday, October 20th, 2020 / Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies / Comments Off on Earnings down, assets up at Community Bank of Santa Maria
Total 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 →
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By Staff Report / Monday, October 19th, 2020 / Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Income up at Bank of the Sierra
Sierra 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 →