Banking Reports

Alta Pacific Bancorp has announced an income of nearly $3.9 billion, or 54 cents per share, for the first nine months of this year. The financial institution, the parent company of Alta Pacific Bank, had a net income of $875,000 – 13 cents per share – for the third quarter, …

Altura Credit Union in Riverside has been named one of the best credit unions to work for in the United States by a leading trade publication. Credit Union Journal ranked Altura one of top 45 employer-friendly credit unions nationally, and 12th among credit unions with more than $1 billion in …

Twenty-six nonprofit agencies in the Inland Empire have been given a boost by the Bank of America. The organizations, which address a number of economic development issues in Riverside and San Bernardino counties, collectively received $282,500 in economic mobility grants, according to a statement released Tuesday. The grants, which are …

CVB Financial Corp. has announced a cash dividend of 14 cents per share for the third quarter of this year. The Ontario-based financial institution has now paid a dividend to its shareholders for 112 consecutive quarters, said Christopher D. Myers, CVB Financial’s president and chief executive officer, in a statement. …

Inland Empire credit union members took out loans for new and used automobiles at a solid pace during the second quarter. Loans for new vehicles during that period totaled $446 million, a figure not reached in the Inland region since 2006, according to data released Friday by the Ontario-based California …

Small businesses in the Inland Empire are apparently looking to upgrade. SBA 504 loans were up 31 percent year-over-year in Riverside and San Bernardino counties for the nine-month period that ended June  30, said Larry Nuffer, spokesman for CDC Small Business Finance in San Diego. Small businesses in the two-county …