October 22, 2024
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Bank of the Sierra reports higher net income in Q3

By   /  Monday, October 21st, 2024  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, middle, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Bank of the Sierra reports higher net income in Q3

Sierra Bancorp, the parent company of Bank of the Sierra, announced its results for the third quarter of 2024 on Oct. 21, noting that consolidated net income was at $10.6 million for the quarter, up from $9.8 million in the same quarter a year ago. Bank of the Sierra is headquartered in Porterville but has Read More →

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Community Bank of Santa Maria net income slips in third quarter

By   /  Monday, October 21st, 2024  /  Banking & Finance, Banking Industry, Earnings, Latest news, Santa Barbara County, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community Bank of Santa Maria net income slips in third quarter

The Community Bancorp of Santa Maria, the parent company of Community Bank of Santa Maria, announced its earnings for the third quarter of 2024 on Oct. 16 after the markets closed.  The bank announced that net income for the third quarter was $819,337 which is an increase from $700,729 from the second quarter of 2024. Read More →

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Portfolio watch

By   /  Thursday, June 13th, 2024  /  Banking & Finance, Banking Industry, Columns, Economy, Latest news, Subscriber content  /  Comments Off on Portfolio watch

California homeowners pay an average of $28,790 in non-mortgage costs per year to own their properties, according to Bankrate.com’s latest report on the hidden cost of home ownership. The figure includes property taxes, insurance, upkeep and repairs, utilities and cable, making California No. 2 after Hawaii (more than $29,000). The average cost across the country is $18,112 or about $1500 per month. Read More →

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ARB continues northern expansion with Atascadero branch

By   /  Thursday, May 30th, 2024  /  Banking & Finance, Banking Industry, Latest news, San Luis Obispo County, Subscriber content, Tri-County Economy  /  Comments Off on ARB continues northern expansion with Atascadero branch

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Portfolio watch

By   /  Thursday, April 25th, 2024  /  Banking & Finance, Banking Industry, Columns, Economy, Latest news, Subscriber content  /  Comments Off on Portfolio watch

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Bank of the Sierra reports higher net income in Q1

By   /  Tuesday, April 23rd, 2024  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Bank of the Sierra reports higher net income in Q1

Sierra Bancorp, the parent company of Bank of the Sierra, announced its results for the first quarter of 2024 on April 23, noting that consolidated net income was at $9.3 million for the quarter, up from $8.8 million in the same quarter a year ago. According to the financial statements, the “favorable variance” in net Read More →

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Community West, Central Valley Banks complete merger

By   /  Friday, April 12th, 2024  /  Banking Industry, Economy, Latest news, Subscriber content, Tri-County Economy  /  Comments Off on Community West, Central Valley Banks complete merger

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