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Montecito Bank & Trust
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Philanthropy means giving time as well as money

By   /  Friday, November 27th, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on Philanthropy means giving time as well as money

A common thread at two recent philanthropic events in the Tri-Counties was the idea that individuals should get involved personally rather than simply donating money. On Nov. 19, the Association of Fundraising Professionals celebrated community members in Santa Barbara and Ventura counties who have been active in volunteering or organizing support for community institutions. On Read More →

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Montecito wealth manager uses scientific approach with investments

By   /  Friday, November 27th, 2015  /  Latest news, Personal Finance, Small Business, Top Stories  /  Comments Off on Montecito wealth manager uses scientific approach with investments

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5 tri-county companies among Deloitte Fast 500

By   /  Friday, November 27th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on 5 tri-county companies among Deloitte Fast 500

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OCB Bancorp reports strong third quarter

By   /  Wednesday, November 25th, 2015  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on OCB Bancorp reports strong third quarter

The parent company of Ojai Community Bank has increased its net income 52 percent year to date for the nine months ending Sept. 30, according to OCB Bancorp’s third-quarter report. OCB Bancorp, also the parent company of Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank, increased its total loans by $48 Read More →

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Revenues at Santa Barbara’s QAD down for third quarter

By   /  Wednesday, November 25th, 2015  /  Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Revenues at Santa Barbara’s QAD down for third quarter

Santa Barbara software developer QAD Inc. saw revenues decrease slightly in the third quarter of fiscal year 2016. Revenues at QAD decreased from $74 million to $68 million. Net income for the company was $2.6 million, or 14 cents per share. That missed analyst estimates of 18 cents per share. In recent years, QAD has Read More →

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Sientra collapse doomed execs

By   /  Friday, November 20th, 2015  /  Health Care, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Sientra collapse doomed execs

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Semtech third quarter earnings per share miss estimate

By   /  Thursday, November 19th, 2015  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Semtech third quarter earnings per share miss estimate

Semtech, a Camarillo-based maker of semiconductors for cell phones and electronic devices, missed analyst estimates slightly when the company reported third quarter results Nov. 18. Semtech reported earnings per share of 16 cents. Analysts had expected earnings per share of 24 cents. Semtech slightly exceeded analyst revenue estimates of $115.4 million by posting earnings of Read More →

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