Banking & Finance

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.

United Security Bank declares Q2 dividend

United Security Bancshares, parent company of United Security Bank in Fresno, announced it will issue a 2nd quarter stock dividend of 1 percent to shareholders.

Fresno investment firm rated high by CNBC

Fresno-based Regency Investment Advisors was named number 10 on a list of the nation's top wealth management firms by financial news television channel CNBC.

United Security Bank pays $350K to settle lawsuit

Fresno-based United Security Bank has reached a $350,000 settlement with a Bakersfield-area company stemming from a 2011 cyber fraud incident.

Valley banks receive healthy ratings in Q1

A recent assessment by bank rating and research firm Bauer Financial showed several community banks and credit unions maintaining their fiscal soundness in the first quarter of the year.