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Office workers prepare to leave the home front

By   /  Friday, May 7th, 2021  /  Central Coast, East Ventura County, Latest news, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on Office workers prepare to leave the home front

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Montecito Bank & Trust tops $2B in assets

By   /  Thursday, May 6th, 2021  /  Banking & Finance, Banking Industry, Latest news, South Coast, Tri-County Economy  /  Comments Off on Montecito Bank & Trust tops $2B in assets

Montecito Bank & Trust’s assets grew by almost half a billion dollars in the past year, with strong deposit and loan growth, the bank said in its May 6 first-quarter earnings release. The Santa Barbara-based bank is the largest financial institution based in the tri-county region. Its assets topped $2 billion at the end of Read More →

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MIT to drop affiliation with Central Coast Enterprise Forum

By   /  Wednesday, May 5th, 2021  /  Central Coast, East Ventura County, Latest news, right, South Coast, Startups, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on MIT to drop affiliation with Central Coast Enterprise Forum

The Massachusetts Institute of Technology Enterprise Forum Global will be closing its program effective June 30 and is asking all of its affiliated chapters, including the Central Coast chapter, to discontinue all association with the brand.  The news came in an April 30 email to Enterprise Forum chapters from the CEO of MIT Technology Review, Read More →

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Inogen reports big drop in losses in Q1

By   /  Tuesday, May 4th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen reports big drop in losses in Q1

Inogen, a medical device company specializing in portable oxygen concentrators, saw a slight dip in revenue in the first quarter of 2021, but shrinking losses and continued growth in its new focus area of device rentals. The Goleta company reported its first quarter earnings after the markets closed May 4, and highlighted revenue for the Read More →

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Community West earnings nearly double in first quarter

By   /  Monday, May 3rd, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community West earnings nearly double in first quarter

Community West Bancshares saw its net income rise by almost 90% year-over-year as it decreased its provision for loan losses and increases its dividends. The Goleta-based parent company of Community West Bank released its first quarter earnings on May 3, including $3 million in net income for the quarter, or 35 cents per diluted share. Read More →

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805 Law Roundup: Santa Barbara firm disbands

By   /  Friday, April 30th, 2021  /  Latest news, Law, Small Business, South Coast, Tri-County Economy  /  Comments Off on 805 Law Roundup: Santa Barbara firm disbands

The Santa Barbara law firm of Fell, Marking, Abkin, Montgomery, Granet & Raney closed effective Feb. 28. It was a “natural winding down,” according to a news release from Frederick “Rick” Montgomery, one of the firm’s co-founders. Montgomery, a family law specialist, opened his own firm in Santa Barbara after Fell Marking closed. Other attorneys Read More →

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With Newsom’s proposal, oil industry’s clock starts ticking

By   /  Friday, April 30th, 2021  /  Central Coast, Energy, Green Coast, Latest news, left, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on With Newsom’s proposal, oil industry’s clock starts ticking

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