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Sierra Bancorp reports higher net income

By   /  Monday, October 23rd, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Sierra Bancorp reports higher net income

Sierra Bancorp, parent company of the Bank of the Sierra, had diluted earnings per share of 41 cents for the third quarter of 2017, the company announced in its earnings report on Oct. 23. In a news release, the company said it had consolidated net income of $5.7 million for the third quarter of 2017 Read More →

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Wells Fargo trying to restore customer trust

By   /  Friday, October 20th, 2017  /  Banking Industry, Latest news  /  Comments Off on Wells Fargo trying to restore customer trust

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Citizens Business Bank reports higher net income

By   /  Thursday, October 19th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Citizens Business Bank reports higher net income

CVB Financial and its subsidiary, Citizens Business Bank, saw net income rise for the quarter ended Sept. 30, it announced on Oct. 19. In a news release, the bank reported a net income of $29.7 million or 27 cents per share, an increase from $28.4 million for the second quarter of 2017 and $25.4 million Read More →

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American Riviera Bank buys building for Paso Robles branch

By   /  Thursday, October 5th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on American Riviera Bank buys building for Paso Robles branch

American Riviera Bank has completed the purchase of a building in Paso Robles that will house its newest branch, the bank announced on Oct. 3. Located at 1601 Spring St., the branch is set to open in early 2018 and will be the first full-service branch of American Riviera Bank in San Luis Obispo County. Read More →

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Pacific Premier Bancorp on Fortune magazine’s Fastest Growing Companies list

By   /  Tuesday, October 3rd, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Pacific Premier Bancorp on Fortune magazine’s Fastest Growing Companies list

Story updated at 10:20 a.m. Oct. 5: The holding company for Pacific Premier Bank, Pacific Premier Bancorp, has been ranked 21st on Fortune magazine’s Fastest Growing Companies for 2017. The magazine ranks publicly traded companies based on a formula that considers revenue growth rate, earnings per share growth rate and three-year annualized total return for Read More →

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Ojai Community Bank sale to close Sept. 29

By   /  Tuesday, September 26th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Ojai Community Bank sale to close Sept. 29

The Bank of the Sierra took the final step toward closing its acquisition of the parent company of Ojai Community Bank on Sept. 22, with the announcement that OCB Bancorp shareholders had voted to approve the deal. The announcement was made a day after the OCB Bancorp shareholder vote. Ojai Community Bank will close on Read More →

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Our view: Santa Barbara investment policy a costly maneuver

By   /  Friday, September 22nd, 2017  /  Banking Industry, Editorials, Latest news, Opinion  /  Comments Off on Our view: Santa Barbara investment policy a costly maneuver

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