Community Bancorp of Santa Maria saw its net loans decline in the fourth quarter of last year, but reported increases in net income and total assets, reflecting what the bank called “significant growth” in 2021. The bank’s net income increased nearly 30%, from $2.209 million in the fourth quarter of 2020 to $2.85 million in Read More →
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Assemblyman Jordan Cunningham, a Republican who represents San Luis Obispo County and northern Santa Barbara County in Sacramento, announced Jan. 13 that he will not seek reelection in the fall. Cunningham has represented the 35th District in the California Assembly since 2016. He won reelection in 2018 and 2020. Under California’s term limits law, he Read More →
Rubicon Theatre Company, a professional company in Ventura, has received the biggest donation in its history, some of which will go to buy a four-unit residential property to house visiting artists and performers, the company announced Jan. 11. The gifts total $2.3 million, and come from Karyn Jackson of Arcadia, a former Ventura resident; her Read More →
Goleta-based Inogen expects minor revenue growth in the fourth quarter of 2021 but major growth for the full fiscal year, according to preliminary estimates the company released Jan. 10. The portable oxygen concentrator manufacturer expects to see revenue in the range of $75.9 million to $76.9 million for the three months ended December 31, growth Read More →