Sunwest Bank: The Tustin bank reported net...
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Sunwest Bank: The Tustin bank reported net income of $1.6 million for 1996, a 54% decline from the $3.5 million posted a year ago. The 1995 figure included $3.4 million to repay management fees by Sunwest’s parent company, West Coast Bancorp. Fourth-quarter net income totaled $717,000 contrasted with a year-earlier net loss of $117,000. Total assets were down 3% to $108.4 million from $112.2 million.
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