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Lagomarsino relishes new role as CEO of banking association

By   /  Friday, December 1st, 2017  /  Banking & Finance, Banking Industry, Latest news, Women Inc.  /  Comments Off on Lagomarsino relishes new role as CEO of banking association

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Workforce Homebuyer Program offers loans to employees

By   /  Friday, October 6th, 2017  /  Latest news, Real Estate, Small Business, South Coast  /  Comments Off on Workforce Homebuyer Program offers loans to employees

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Net income up 15 percent at Community West Bancshares

By   /  Friday, July 28th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Net income up 15 percent at Community West Bancshares

Net income for Community West Bancshares increased nearly 15 percent for the second quarter ended June 30 to $1.6 million, or 18 cents per diluted share. Loans increased to $684.8 million, versus $564.8 million a year ago, and total assets grew 22.2 percent year-over-year to $785 million. Net interest margin dropped slightly, from 4.45 percent Read More →

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Heritage Oaks Bank income up slightly in third quarter

By   /  Friday, November 4th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bank income up slightly in third quarter

Paso Robles-based Heritage Oaks Bank reported a net income of $4.2 million in the third quarter, or 12 cents per diluted common share, up from $4 million, or 12 cents per share, for the same period last year. Gross loans increased by $136 million, or 11.3 percent, to $1.3 billion, compared to $1.2 billion in Read More →

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OCB Bancorp loan portfolio hits $200 million mark

By   /  Friday, October 14th, 2016  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on OCB Bancorp loan portfolio hits $200 million mark

OCB Bancorp — parent company of Ojai Community Bank, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank — has eclipsed a $200 million loan portfolio, the company recently announced. As its loan portfolio has grown at around 30 percent to 35 percent annually over the past several years, OCB Bancorp now has Read More →

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Women’s Economic Ventures celebrates 25th anniversary

By   /  Friday, September 23rd, 2016  /  right, Small Business, South Coast, Women Inc.  /  Comments Off on Women’s Economic Ventures celebrates 25th anniversary

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OCB Bancorp’s second quarter net income up over last year

By   /  Monday, August 8th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on OCB Bancorp’s second quarter net income up over last year

In its second quarter earnings report, OCB Bancorp — parent company of Ojai Community Bank, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank — reported net income year-to-date of $516,000, or 25 cents per share, up from $372,000 last year. “Loans also continue to grow, increasing approximately $49 million since June Read More →