Community Bank of Santa Maria reports strong Q3 earnings, despite slight drop in net income

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Community Bank of Santa Maria reports strong Q3 earnings, despite slight drop in net income

By Staff Report / Thursday, October 10th, 2019 / Comments Off on Community Bank of Santa Maria reports strong Q3 earnings, despite slight drop in net income

Community Bank of Santa Maria reported growth in loans, deposits and assets, but a dip in earnings for the third quarter ended Sept. 30. Net income fell to $2 million from $2.57 million in the same quarter last year. The bank said the decline was related to one-time earnings in the second quarter of 2018…

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