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After seven years, the financial crisis quietly ends for area banks

By   /  Friday, March 21st, 2014  /  Op/Eds, Opinion  /  Comments Off on After seven years, the financial crisis quietly ends for area banks

“Even the pessimists were thinking three years,” Community West CEO Marty Plourd told me. “No one expected the low-interest-rate environment to last this long,”

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Op/ed: To protect community assets, Congress needs to level the playing field for small banks

By   /  Friday, February 1st, 2013  /  Op/Eds, Opinion  /  Comments Off on Op/ed: To protect community assets, Congress needs to level the playing field for small banks

For community banks, these new regulations are as onerous as they are expensive.

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Op/ed: Regulations alone won’t instill ethics in corporate America

By   /  Friday, October 19th, 2012  /  Op/Eds, Opinion  /  Comments Off on Op/ed: Regulations alone won’t instill ethics in corporate America

The bottom line is that ethical behavior cannot be legislated.

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Editorial: Region’s banking crisis fades

By   /  Friday, April 27th, 2012  /  Editorials, Opinion  /  Comments Off on Editorial: Region’s banking crisis fades

The final phase in the region’s ongoing banking crisis may have begun.

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Heritage Oaks regulatory order removed

By   /  Monday, April 23rd, 2012  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks regulatory order removed

Paso Robles-based Heritage Oaks Bancorp has bucked a regulatory consent order placed on it two years ago. The news came on April 23, as the firm reported that it earned $1.6 million in the first quarter, a 204 percent increase over the same quarter a year earlier. The parent company of Heritage Oaks Bank and Read More →

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Ojai Community Bank out from regulatory order

By   /  Tuesday, March 27th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Ojai Community Bank out from regulatory order

Ojai Community Bank is out from under a regulatory consent order imposed on it last year and reported a profitable 2011, swinging back from a loss the year earlier. The small Ojai-based bank said March 27 that regulators had lifted a Federal Deposit Insurance Corp. order placed on it on March 31, 2011. The announcement Read More →

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Amid losses, Community West hit with regulatory order

By   /  Wednesday, February 1st, 2012  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Public Companies  /  Comments Off on Amid losses, Community West hit with regulatory order

[wikichart align=”center” ticker=”CWBC” showannotations=”true” livequote=”true” rollingdate=”6 months” width=”390″ height=”245″] The parent company of Goleta-based Community West Bank has reported an $8.6 million loss for the fourth quarter and disclosed a consent order from banking regulators. Community West Bancshares said Feb. 1 that its fourth-quarter performance was impacted by a $6.7 million allowance against deferred taxes Read More →

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