Menu
Montecito
PacPremier
Loading...
You are here:  Home  >  'Mission Community Bank'  -  Page 2
Latest

Heritage Oaks to buy Mission Community for $56M

By   /  Monday, October 21st, 2013  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Heritage Oaks to buy Mission Community for $56M

Paso Robles-based Heritage Oaks Bancorp is buying Mission Community Bank of San Luis Obispo for $56.4 million in cash and stock, the firms announced Oct. 21. Under the terms of the deal, Mission Community shareholders will get $8 million in cash and about 7.5 million shares of Heritage Oaks stock. The deal is valued at Read More →

Read More →
Latest

Coast National snatches former Mission CEO

By   /  Friday, January 20th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Coast National snatches former Mission CEO

Anita Robinson, the former CEO of Mission Community Bank, has moved to San Luis Obispo-based Coast Bancorp, parent of Coast National Bank. Her move comes two months after Mission announced that Robinson, the founding CEO of that bank, would be reassigned to head up its community development subsidiary. Coast is a four-branch bank with $135.6 Read More →

Read More →
Latest

Mission pays off TARP

By   /  Thursday, January 5th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Mission pays off TARP

Mission Community Bancorp has repaid the $5.1 million in federal bank rescue funds it took at the height of the financial crisis. The San Luis Obispo-based company said Jan. 4 that it had paid $5.1 million from the Troubled Asset Relief Program to the U.S. Treasury, including $30,554 in accrued and unpaid dividends. “The capital Read More →

Read More →
Latest

Mission Community buys Santa Lucia

By   /  Monday, October 24th, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Mission Community buys Santa Lucia

Mission Community Bank said Oct. 24 that it acquired Santa Lucia Bank, doubling the San Luis Obispo-based bank’s size and kicking off its effort to consolidate smaller lenders along the Central Coast. The previously announced deal closed Oct. 21, Mission said. Although it did not confirm the deal price in its announcement, Mission’s top executive Read More →

Read More →
Latest

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.

Read More →
Latest

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.

Read More →