West Coast Bancorp: The Orange-based bank holding...
- Share via
West Coast Bancorp: The Orange-based bank holding company reported that its second-quarter net income more than doubled to $331,000 from $159,000 for the 1989 quarter. For the six-month period, net income increased 10% to $707,000 from $640,000. The company attributed the stronger earnings to increased net interest income and lower loan loss provisions. As of June 30, total assets were $466.4 million, a 3% gain from $452.2 million during the corresponding year-earlier period. West Coast’s subsidiaries are Sunwest Bank and Heritage Thrift & Loan in Orange County, and Sacramento First National Bank in Sacramento County.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.