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Wednesday, Apr 17, 2024

Net Rises 71 Percent at First California

First California Bank parent FCB Bancorp reported that net income rose 71 percent to $1.3 million or $0.39 per share for the third quarter ended Sept. 30 compared to net income of $762,000 or $0.35 per share in the comparable period a year ago. Camarillo-based First California said the increase was primarily due to the acquisition of South Coast Bancorp Inc. during the quarter. Total assets at the bank rose to $502.6 million versus $467.4 million for the third quarter of 2005.

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