Heritage Oaks Q2 profits jump 25%
Paso Robles-based Heritage Oaks Bancorp’s second-quarter profits jumped 25.1 percent to $2.9 million. Net income from its acquisition of Mission Community Bancorp in February drove the increase, Heritage Oaks said in a July 28 earnings release. The bank’s loans grew 46.9 percent to $1.1 billion, year-over-year, as it added $280.7 million of Mission’s loans to Read More →
Community West Bank profits fall 19.8 percent
Goleta-based Community West Bancshares, the holding company for Community West Bank, reported that earnings per diluted share fell to $0.18 for the second quarter while net interest income rose to $6.3 million.
Community West Bank COO dies
Michael Phlaum, chief operating officer at Goleta-based Community West Bank, died Friday evening from complications related to a stroke, the bank said on July 21. Phlaum joined the bank in February 2012 and was promoted to COO and executive vice president in February of this year. “This is a tragic loss for me personally and Read More →
Community West names chief credit officer
Goleta-based Community West Bancshares, the holding company for Community West Bank, has hired Kristine Price as its new chief credit officer and vice president, effective July 31. Price was previously the chief credit officer and senior credit administrator for the Los Angeles market at Torrey Pines Bank, the California division of Western Alliance Bank. She Read More →
