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Montecito Bank & Trust
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Bank of the Sierra awards grants

By   /  Friday, November 17th, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Bank of the Sierra awards grants

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Net income rises at Community West Bank

By   /  Thursday, November 2nd, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Net income rises at Community West Bank

Community West Bancshares, parent company of Goleta-based Community West Bank, reported a net income of $1.6 million, or 18 cents per diluted share, for the quarter ended Sept 30 — an increase of 4.9 percent from $1.5 million in the third quarter of 2016. The bank’s net interest margin for Q3 2017 was 4.27 percent. Read More →

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Net income grows at Montecito Bank & Trust

By   /  Monday, October 30th, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Net income grows at Montecito Bank & Trust

Montecito Bank & Trust reported net income growth of 11.52 percent year-over-year in its earnings report for the quarter ended Sept. 30, 2017. The Santa Barbara-based bank said in a news release Oct. 27 that the higher net income was driven by loan growth of 16 percent. Deposits increased 3 percent and assets increased 3.64 Read More →

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American Riviera Bank assets pass half-billion dollar mark

By   /  Tuesday, October 24th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on American Riviera Bank assets pass half-billion dollar mark

American Riviera Bank, headquartered in Santa Barbara, had an unaudited net income of $1,383,000, or 31 cents per share, for the third quarter of 2017, the company announced in its earnings report on Oct. 24. The bank reported $518 million in total assets as of the third quarter of 2017. The growth was driven by Read More →

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Third quarter net income rises at Pacific Premier Bank

By   /  Tuesday, October 24th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Third quarter net income rises at Pacific Premier Bank

Pacific Premier Bancorp, parent company of Pacific Premier Bank, had diluted earnings per share of 50 cents for the third quarter of 2017, the company announced its earnings report on Oct. 23. The company said it had net income of $20.2 million for the third quarter of 2017 that reflected an increase of $6.1 million, Read More →

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Sierra Bancorp reports higher net income

By   /  Monday, October 23rd, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Sierra Bancorp reports higher net income

Sierra Bancorp, parent company of the Bank of the Sierra, had diluted earnings per share of 41 cents for the third quarter of 2017, the company announced in its earnings report on Oct. 23. In a news release, the company said it had consolidated net income of $5.7 million for the third quarter of 2017 Read More →

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Wells Fargo trying to restore customer trust

By   /  Friday, October 20th, 2017  /  Banking Industry, Latest news  /  Comments Off on Wells Fargo trying to restore customer trust

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