Banking & Finance

Healthy ratings for Valley banks in Q2

Bank rating and research firm Bauer Financial released its latest assessment of banks and credit unions, showing many of them in the Valley on solid footing in the second quarter.

Valley Commerce Bancorp announces Q2 dividend

Valley Commerce Bancorp, parent company of Valley Business Bank of Visalia, announced an eight-cent cash dividend to its shareholders for the third quarter.

Suncrest Bank rated healthy

Suncrest Bank of Visalia was included in a list of the 200 healthiest banks in the country by bank rating website DepositAccounts.com.

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.