Groundwater management deadline nears
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Heritage Oaks Bancorp beats revenue, income estimates
Heritage Oaks Bancorp, the holding company of Paso Robles-based Heritage Oaks Bank, beat analyst estimates in both year-over-year revenue and net income. The bank reported $20.3 million in revenue in 2016, a 12 percent increase from 2015, outpacing analyst expectations by more than $1 million. Net income reached $16.9 million, or 49 cents per diluted Read More →
A taste of Paso Robles history and wines at Epoch Estate
The historic York Mountain Winery partially collapsed into a pile of bricks during the 6.6 magnitude San Simeon earthquake in 2003. Walls that were left standing at the Central Coast’s first winery looked like they might come down anytime. The landmark west of Paso Robles, built in 1882 by Andrew York, rested in ruins for Read More →
Pacific Premier buys Heritage Oaks
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Heritage Oaks Bancorp merging with Pacific Premier
Story updated at 11:30 a.m.: In a deal that will once again shake up the ranks of top banks in the region, Pacific Premier Bancorp of Irvine will acquire Heritage Oaks Bancorp for $405.6 million or $11.68 per share based on current values. The all-stock merger, announced before the markets opened on Dec. 13, will Read More →