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Banking & Finance

VC realities, myths in Shark Tank TV show

Mark Cuban from the show "Shark Tank."Although the venture capital process may not involve the cutting put-downs, witty catchphrases or accompanying soundtrack, ABC’s popular television series Shark Tank may actually have some value to aspiring entrepreneurs.

Premier Valley Bank announces 1Q dividend

Fresno-based Premier Valley Bank declared today it will pay a cash dividend of seven cents per share to its shareholders on March 27.

Central Valley Fund closes $120M investment round

About nine years ago the Central Valley Fund took the first steps in developing a healthy capital acquisition ecosystem with its first fund. Now, with more than $175 million in committed and invested capital, it’s looking to build upon that success with the second fund, which recently closed at $120 million.

CoreLogic: Fresno foreclosure rates still falling

Fresno foreclosure rates fell for the fifth month in a row and also dropped year-over-year for December when compared to the same month one year earlier.

Bank offers free shredding throughout Valley

Central Valley Community Bank has 17 bank locations throughout the San Joaquin ValleyCentral Valley Community Bank is offering to destroy old and confidential documents at no charge during a series of shredding events throughout April and May to coincide with the tax season.

Fresno First Bank income fell in '12

Fresno First Bank reported $745,000 less net income in 2012 than the year before, due in large part to an increased tax expense.

United Security Bank rebounds from 2011 red ink

After a net loss in 2011, United Security Bancshares, parent company of United Security Bank, reported $6.1 million of net income for last year.

Valley Business Bank reports record income last year

Fourth quarter net income was down in 2012 compared to the year before, but Valley Commerce Bancorp, parent company of Visalia’s Valley Business Bank, posted a slight increase in earnings for the year.

Central Valley Community Bank reports record income in '12

Central Valley Community Bank’s parent company Central Valley Community Bancorp’s fourth quarter net income was down compared to the final quarter of 2011, but the bank still reported a 16 percent increase in income for the year.

Premier Valley Bank reports record profits in 2012

The final quarter of 2012 generated the second highest net income in Premier Valley Bank’s history, just missing the mark set in the fourth quarter of 2011.