85.7 F
San Fernando
Saturday, Aug 13, 2022
-Advertisement-

Net Rises 75 Percent at First California

FCB Bancorp, the holding company for First California Bank, reported net income for the first quarter of 2006 rose 75 percent to $1 million or $0.31 per diluted share. For the comparable period a year ago, FCB earned $577,000 or $0.26 per share. FCB late last year acquired South Coast Commercial Bank. “The bank’s performance during the first quarter of this year has surpassed our expectations, said C.G. Kum, president and CEO of the bank.” Lending at the bank rose to $353.6 million, up from $185.8 million in the year ago period. Deposits rose to $391.8 million, up from $231.9 million at March 31, 2005. The Camarillo-based bank now operates full service offices in Simi Valley, Thousand Oaks, Westlake Village, Ventura, Oxnard, Anaheim Hills and Irvine, along with Camarillo.

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-