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By pacbiztimes / Friday, September 4th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Citizens Business Bank targets Tri-Counties for growth
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By Staff Report / Thursday, August 27th, 2015 / Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies / Comments Off on Combined banks will be known as American Riviera Bank
The combined American Riviera Bank and The Bank of Santa Barbara will be known as American Riviera Bank, the merged institution announced Aug. 27. Santa Barbara-based marketing agency Idea Engineering deemed that the name would have better “brand impact.” The banks proposed the merger in July, which would combine two smaller companies into a three-branch Read More →
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By Staff Report / Friday, August 21st, 2015 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on Goleta-based Community West Bancshares reports loss
Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong Read More →
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By Staff Report / Thursday, August 20th, 2015 / Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies / Comments Off on Heritage Oaks Bank CFO Lonny Robinson resigns
Heritage Oaks Bank Executive Vice President and Chief Financial Officer Lonny Robinson has resigned, holding company Heritage Oaks Bancorp announced Aug. 19. The Paso Robles-based bank hired Robinson in March 2014 to help with the Mission Community Bank merger and groom his successor, Jason Castle, Heritage Oaks Bank CEO and President Simone Lagomarsino said. Robinson Read More →
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By pacbiztimes / Friday, July 31st, 2015 / Agribusiness, Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Rabobank wants to be tops in ag, small biz lending
After a series of branch consolidations and a strategic rethinking, Rabobank will focus its California lending on business banking, agribusiness and renewables in its core markets in the Central Valley and on the Central Coast. The Netherlands-based banking giant has set a goal to be the global leader in food and agriculture lending as Read More →
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By Henry Dubroff / Friday, July 17th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Banks bet that merger will bolster stock price
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.
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By Staff Report / Wednesday, July 15th, 2015 / Banking & Finance, Banking Industry, Earnings, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Montecito Bank & Trust net income jumped 44 percent over prior year
Montecito Bank & Trust said July 15 that net income jumped 44 percent from a year earlier as total assets reached $1.2 billion. The privately-held bank is the largest financial institution headquartered in Santa Barbara County and it said loans grew 23 percent to $662 million. “We continue to see an increased demand for financing Read More →
