Banking & Finance

Valley banks rated healthy in Q4

Many local community banks and credit unions were on solid footing in the fourth quarter of 2013, according to a recent evaluation by bank rating and research firm Bauer Financial.

Visalia bank CEO lays out bold growth plan

Ciaran McMullan, CEO, Suncrest Bank in VisaliaCiaran McMullan, the new CEO of Suncrest Bank, has laid out a strategy for boosting his Visalia-based bank's assets by 400 percent in the next five years.

Premier Valley Bank to pay quarterly dividend

Premier Valley Bank has announced a dividend of seven cents per share payable to shareholders of record on March 10.

CVCB declares cash dividend

Cental Valley Community Bancorp, parent company of Central Valley Community Bank of Fresno, declared a quarterly cash dividend of 5 cents per share of common stock.

Bank of the Sierra keeps climbing in 2014

Bank of the Sierra has unveiled a new logo, replacing its 37-year-old mark featuring Mineral King's Farewell Gap.At about 10,000 feet in elevation, Farewell Gap is a commanding feature of the Mineral King valley of Sequoia National Park.

New leadership announced for Fresno bank

James M. FordCentral Valley Community Bank of Fresno is beginning a new generation as longtime President Daniel Doyle retires at the end of the year and hands the torch to veteran banker James Ford.

Security First Bank boosts income in '13

Fresno's Security First Bank reported 2013 net income of $327,000, or 19 cents per share — up 23 percent from 2012.

CVCB reports $8.2M in '13 net income

Central Valley Community Bancorp, parent company of Fresno's Central Valley Community Bank, reported 2013 net income of $8.25 million, or 77 cents per share — up nearly 10 percent from 2012.

United Security Bank reports strong '13

Fresno-based United Security Bancshares, parent company of United Security Bank, announced nearly $7.3 million in net income for 2013, or 49 cents per share.

Valley Commerce Bancorp grows 2013 record

Valley Commerce Bancorp increased its earnings by nearly 21 percent in the fourth quarter of 2013 compared to the same quarter a year earlier.