Loans slow down but deposits grow at Community Bank of Santa Maria
Total assets and deposits at Community Bank of Santa Maria grew in the first quarter of the fiscal year, even as new loans and net income decreased, the bank announced April 18. Community Bancorp of Santa Maria, the holding company for Community Bank of Santa Maria, reported its total assets rose to $411.4 million by Read More →
PennyMac lays off workers as mortgage boom fades
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Opinion: The Central Coast and the world keep moving into the digital future
By Greg Bland As the effects of the coronavirus continue to reshape the Central Coast and the rest of our world, 2022 will see several factors accelerating the shift to a more digital, hybrid future. In the year ahead, there will be a continued focus on digital transformation as the driving force creating value for Read More →
Banks closed thousands of branches in 2021 and tri-county banks were no exception
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Montecito Bank and Trust assets grew 20% in 2021
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American Riviera Bank reports growth in income, loans, assets
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Bank of the Sierra reports earnings growth for Q4 and full year of 2021
Bank of the Sierra, a Central Valley-based bank with nine branches in the tri-county region, reported record earnings for 2021, with net income up more than 20% from the previous year. Sierra Bancorp is the parent company of Bank of the Sierra and is headquartered in Porterville, in Tulare County. It reported net income of Read More →
