Banking & Finance

Fresno First Bank boosts net income in '14

Communities First Financial Corp., the recently formed parent company of Fresno First Bank, announced net income of $2.12 million for 2014 — light years ahead of 2013's income of $26,000.

Premier Valley Bank cheers record annual income

Premier Valley Bank announced record earnings of $7.2 million for 2014, up 10 percent from the year prior.

United Security Bank reports $6.2M in income for '14

Fresno's United Security Bancshares, parent company of United Security Bank, reported net income of $6.2 million for 2014, down 14 percent from 2013.

Sierra Bancorp income tempered by acquisition cost

Sierra Bancorp, parent company of Bank of the Sierra, announced $15.2 million in net income for 2014, up 14 percent compared to last year.

Bank of the Sierra to pay cash dividend Feb. 12

Sierra Bancorp, parent company of Porterville's Bank of the Sierra, announced a regular quarterly cash dividend of 10 cents per share today.

Cen Cal Business Finance Group names lender, biz of '14

Fresno's Cen Cal Business Finance Group has announced its Business and Lender of the Year for 2014.

Valley Commerce Bancorp cheers record '14 earnings

Visalia's Valley Commerce Bancorp, parent company of Valley Business Bank, has reported its fourth-straight year of record annual earnings.

Security First Bank enjoys record 2014

Fresno's Security First Bank announced today that its 2014 net income increased five-fold over 2013. 

Security First Bank announces new president, CFO

Steve JonesSteve C. Jones has been promoted to president and CFO of Fresno-based Security First Bank.

Citibank closing seven Central Valley locations

Citibank has announced plans to close several Central Valley branches.Citibank, the nation’s No. 3 bank with assets nearing $2 trillion, plans to close nine Central California branches in the next few months in an effort to concentrate efforts in large urban areas.