Banking & Finance

Valley Business Bank income down slightly

Visalia's Valley Commerce Bancorp, parent company of Valley Business Bank, reported second quarter net income of $1.5 million, down about 6 percent from the same quarter last year.

Bank of the Sierra reports Q2 income spike

Porterville's Sierra Bancorp, parent of Bank of the Sierra, reported second quarter income of $4.2 million, up 12 percent compared to the same quarter last year.

Bank of the Sierra bumps dividend to 9 cents

Sierra Bancorp. parent company of Porterville's Bank of the Sierra, announced a quarterly cash dividend of 9 cents per share to be paid on Aug. 14.

United Security Bank reports higher Q2 income

United Security Bancshares, parent company of Fresno-based United Security Bank, announced its second quarter financial results, showing a 47 percent increase over last year.

Premier Valley Bank grows earnings in Q2

Premier Valley Bank increased its earnings 20 percent in the second quarter over the year before.

Sierra Bancorp buys Ventura County bank for $13.5M

Bank of the Sierra in Porterville has acquired Santa Clara Valley Bank of Santa Paula.Porterville-based Sierra Bancorp, parent company of Bank of the Sierra, has acquired a Ventura County bank for $15.3 million.

Fresno bank doubles last year's earnings

Central Valley Community Bank increased its earnings by nearly 110 percent in the second quarter over the same period last year.

Fresno First Bank announces record first half

The first half of 2014 was good to Fresno First Bank, which reported record earnings of $1 million for the period, compared to a loss of $991,000 for the first half of last year.

Bank kicks off Valley food contest

Central Valley Community Bank of Fresno is promoting the San Joaquin Valley's agricultural industry through a new campaign to encourage individuals to buy local fresh and produced food products.

$1.75M in grants boost Valley housing projects

Four planned affordable housing developments in the San Joaquin Valley were awarded $1.75M in the latest round of grants from the Federal Home Loan Bank of San Francisco.