Dubroff: Zodiac Aerospace acquisition may be good for Central Coast
A deal hatched in France in late January will reshape the future of one of the region’s largest manufacturing enterprises. Zodiac Aerospace’s sprawling Santa Maria operation, which builds fold-down seating for business class for Airbus and Boeing, will get a new owner later this year — at least if regulators approve. Its Paris-based parent company Read More →
Community West Bancshares income down for fourth quarter but up for 2016
Community West Bancshares, parent company of Goleta-based Community West Bank, reported net income of $1.3 million in the fourth quarter of 2016, or 16 cents per diluted share, down from $1.9 million in the fourth quarter last year. While net income was down for the quarter, it reached $5.2 million in 2016, up from $2.9 Read More →
CoastHills Credit Union building headquarters in Santa Maria
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Pacific Premier Bancorp’s net income climbs
Pacific Premier Bancorp (PPBI), the holding company of Pacific Premier Bank, reported fourth quarter net income of $12 million, or 43 cents per diluted share, including $772,000 of merger-related expenses related to its pending acquisition of Heritage Oaks Bancorp. Net income was up from $8.1 million, or 37 cents per diluted share, in the fourth Read More →
Central Coast ag sector misses out with Perdue nomination
In a blow to the hopes of California farmers, President-elect Donald Trump filled the final vacant position in his cabinet, nominating former Georgia governor Sonny Perdue to lead the U.S. Department of Agriculture. Despite reports naming him as a front-runner, Trump passed over Abel Maldonado, formerly lieutenant governor of California and ex-mayor of Santa Maria. Read More →
Community West Bank opens new Santa Maria Branch
Community West Bancshares, parent company of Community West Bank, announced the opening of its full-service Santa Maria branch at 122 Betteravia Road on Jan. 17, replacing its 2615 S. Miller St. location. The move continues its Central Coast expansion after the bank opened its first full-service San Luis Obispo branch at 4464 Broad St. in Read More →
Taylor Frigon launches locally managed mutual fund
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