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Montecito Bank & Trust
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Hawaiian group bets $104M on Bacara

By   /  Thursday, July 28th, 2011  /  Banking & Finance, Real Estate, Top Stories  /  Comments Off on Hawaiian group bets $104M on Bacara

Ohana Real Estate Investors buys the region’s largest resort for less than half of its construction cost.

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PCBC earns $21M in Q2

By   /  Wednesday, July 27th, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on PCBC earns $21M in Q2

Pacific Capital Bancorp took another step toward getting out from under its regulatory consent order, reporting second-quarter net income of $21 million, or 64 cents per share, on July 27.

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Inphi shares take beating on lower profits

By   /  Wednesday, July 27th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Inphi shares take beating on lower profits

Wall Street punished Inphi Corp. on July 27, pushing down shares 20 percent after the company reported lower-than-expected earnings and gave a gloomier financial forecast than analysts had predicted.

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Bank taps fund to pay TARP

By   /  Monday, July 18th, 2011  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on Bank taps fund to pay TARP

First California Bank is repaying the $25 million in federal aid it took from the Treasury with a new federal aid program.

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PennyMac mints new HQ in Moorpark

By   /  Friday, July 8th, 2011  /  Banking & Finance, Banking Industry, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on PennyMac mints new HQ in Moorpark

A new venture led by a former top executive of Countrywide Financial Corp. is moving to Moorpark.

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Bank buy starts Mission shopping spree

By   /  Friday, July 1st, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Bank buy starts Mission shopping spree

Mission Community Bank plans to acquire Santa Lucia Bancorp, doubling its size and kicking off a bank buying spree.

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Trade lenders eye Ventura County Business Bank

By   /  Friday, June 24th, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Trade lenders eye Ventura County Business Bank

A Chinese-American bank focused on trade finance is acquiring Ventura County Business Bank.

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