Menu
/REGISTER
PPB
Fielding
Montecito
Powershare
ROAM
Loading...
You are here:  Home  >  Banking & Finance  >  Banking Industry  -  Page 11

Montecito Bank & Trust
Latest

Towbes giving up reins at Montecito Bank & Trust

By   /  Friday, April 7th, 2017  /  Banking & Finance, Banking Industry, middle, Nonprofits, Real Estate  /  Comments Off on Towbes giving up reins at Montecito Bank & Trust

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Read More →
Latest

Montecito Bank & Trust owner Towbes stepping down as chairman

By   /  Monday, April 3rd, 2017  /  Banking & Finance, Banking Industry, Latest news, Real Estate  /  Comments Off on Montecito Bank & Trust owner Towbes stepping down as chairman

Updated at 8:40 p.m.: Montecito Bank & Trust founder and owner Michael Towbes will step down from his role as board chairman, the bank announced April 3. The bank, which will continue under ownership by a trust that is overseen by trustees, said it would propose naming current President and CEO Janet Garufis as CEO and Read More →

Read More →
Latest

Pacific Premier, Heritage Oaks shareholders approve merger

By   /  Friday, March 31st, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Pacific Premier, Heritage Oaks shareholders approve merger

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Read More →
Latest

Pacific Premier shareholders approve acquisition of Heritage Oaks

By   /  Tuesday, March 28th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Pacific Premier shareholders approve acquisition of Heritage Oaks

Pacific Premier Bancorp shareholders have voted to approve the acquisition of Paso Robles-based Heritage Oaks Bancorp, Pacific Premier said March 28. The all-stock deal, announced Dec. 13, is valued at  $405.6 million or $11.68 per share. It combines the region’s largest bank, with $2 billion in assets, and Pacific Premier, which has $3.8 billion in assets, Read More →

Read More →
Latest

Regulators back Pacific Premier acquisition of Heritage Oaks

By   /  Tuesday, March 21st, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Economy  /  Comments Off on Regulators back Pacific Premier acquisition of Heritage Oaks

The board of governors of the Federal Reserve System and the California Department of Business Oversight approved Irvine-based Pacific Premier Bancorp’s acquisition of Heritage Oaks Bancorp in Paso Robles, the company announced in a news release March 21. The all-stock deal, announced Dec. 13, is valued at  $405.6 million or $11.68 per share. It combines the Read More →

Read More →
Latest

Dubroff: Companies play let’s make a deal but they don’t always win

By   /  Friday, March 10th, 2017  /  Banking & Finance, Banking Industry, Columns, Latest news, Technology  /  Comments Off on Dubroff: Companies play let’s make a deal but they don’t always win

Henry Dubroff

There’s no question that the current wave of corporate mergers is reshaping big chunks of the corporate landscape on the Central Coast. But all mergers are not created equal and history suggests that more than half of mergers involving large publicly traded companies don’t really work out at all. For a look at what’s working Read More →

Read More →
Latest

OCB Bancorp reports strong fourth quarter earnings

By   /  Thursday, February 2nd, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on OCB Bancorp reports strong fourth quarter earnings

OCB Bancorp, parent company of Ojai Community Bank and its divisions — Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank – reported net income of $1.28 million in the fourth quarter of 2016, an increase of $361,000 or 39 percent over 2015. Total loans finished the year at $209 million, an Read More →

Read More →