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Montecito Bank & Trust
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Farmers & Merchants Bank to open Santa Barbara branch

By   /  Thursday, January 25th, 2018  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Farmers & Merchants Bank to open Santa Barbara branch

Updated at 1:50 p.m. Feb. 2: Farmers & Merchants Bank is planning to expand its footprint to the Central Coast with a lease on a longstanding bank building in downtown Santa Barbara. The Long Beach-based banking company said Jan. 24 that it will be renovating the former Rabobank location at the corner of Carrillo and Read More →

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Bank of the Sierra earnings in 2017 up 11 percent over 2016

By   /  Thursday, January 25th, 2018  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Bank of the Sierra earnings in 2017 up 11 percent over 2016

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PacWest Bancorp earnings for 2017 higher than 2016

By   /  Thursday, January 25th, 2018  /  Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PacWest Bancorp earnings for 2017 higher than 2016

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Citizens Business Bank hits all-time highs for earnings

By   /  Wednesday, January 24th, 2018  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Citizens Business Bank hits all-time highs for earnings

CVB Financial Corp., parent company for Citizens Business Bank, reported all-time highs in fourth quarter and year end earnings for 2017 on Jan. 24. The company’s net earnings for the fourth quarter were $17.9 million, or 16 cents per share, compared to $29.7 million for the third quarter. Its full year net earnings for 2017 Read More →

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Bank of the Sierra buying Community Bank of Santa Maria’s Lompoc branch

By   /  Tuesday, January 23rd, 2018  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Bank of the Sierra buying Community Bank of Santa Maria’s Lompoc branch

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Pacific Premier Bank gives $35,000 to nonprofits for Thomas fire

By   /  Thursday, December 28th, 2017  /  Banking & Finance, Banking Industry, Latest news, Nonprofits, Tri-County Public Companies  /  Comments Off on Pacific Premier Bank gives $35,000 to nonprofits for Thomas fire

Pacific Premier Bank is giving $35,000 to local nonprofits in response to the Thomas fire. The Foodbank of Santa Barbara County will receive $15,000 and the United Boys & Girls Club of Santa Barbara County and the Unity Shoppe will each receive $10,000. In a news release, executives at Pacific Premier Bank said they are Read More →

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PacWest selling $1.5 billion in cash flow loans

By   /  Thursday, December 14th, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on PacWest selling $1.5 billion in cash flow loans

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