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Regulatory agencies terminate Heritage Oaks Bancorp consent order

By   /  Tuesday, November 29th, 2016  /  Banking & Finance, Banking Industry, Latest news, Law  /  Comments Off on Regulatory agencies terminate Heritage Oaks Bancorp consent order

Heritage Oaks Bankcorp said Nov. 29 that state and federal regulatory agencies have terminated a consent order related to the Bank Secrecy Act and anti-money laundering programs at its Heritage Oaks Bank subsidiary. The Paso Robles-based bank is the largest in the region with $2 billion in assets. Heritage Oaks said the Federal Deposit Insurance Read More →

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Dubroff: Trump administration will reshape Mexican-American relations

By   /  Friday, November 25th, 2016  /  Columns, Latest news  /  1 Comment

Henry Dubroff

Amid talk about a Trump administration crack down on illegal immigrants and spending billions to build a wall across the southern border, Roberto Rodriguez sees a chance of the biggest reset in Mexican-American relations in 30 years. Rodriguez knows a thing or two about that relationship. A 40-year veteran of Mexico’s foreign service, he began Read More →

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Real estate market tight on the Central Coast

By   /  Friday, November 25th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on Real estate market tight on the Central Coast

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New vision needed for Ventura County

By   /  Friday, November 25th, 2016  /  Editorials, Latest news, Opinion  /  Comments Off on New vision needed for Ventura County

You might call it the Ventura County conundrum. By many measures, Ventura County has recovered nicely from the recession with relatively low unemployment at 5.3 percent, steady job growth and a nascent boom in the travel and leisure sector. But a deeper dive shows some disturbing trends. Jobs have not recovered to their pre-recession peak, Read More →

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Small Business Saturday spurs sales at tri-county merchants

By   /  Friday, November 25th, 2016  /  left, Small Business  /  Comments Off on Small Business Saturday spurs sales at tri-county merchants

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Montecito Bank & Trust donates $1 million to nonprofits

By   /  Wednesday, November 23rd, 2016  /  Nonprofits, right  /  Comments Off on Montecito Bank & Trust donates $1 million to nonprofits

Montecito Bank & Trust doled out $1 million to nonprofits throughout Santa Barbara and Ventura counties at its 14th annual Community Dividends event. The largest financial institution based in Santa Barbara County rung in the season of giving by providing grants to a record-high 203 area nonprofits that primarily serve low- and moderate-income individuals. “We Read More →

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QAD’s third quarter net income falls

By   /  Tuesday, November 22nd, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on QAD’s third quarter net income falls

QAD revenues edged up during its fiscal third quarter 2017, but the company lost ground on net income and earnings per share. Total revenue for the enterprise business software provider, based in Santa Barbara, grew to $69.5 million, up from $68 million for the third quarter last year. Revenue mix continued to trend away from Read More →

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