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Banking Reports

BofA to distribute nonprofit grants

Bank Helps Inland Empire Charities

Bank of America is accepting applications for grants intended for nonprofit organizations in the Inland Empire. The grants are designed to promote economic mobility, workforce development, education, shelter and hunger relief, according to a statement released Tuesday. Past recipients include Goodwill, Feeding America of Riverside and San Bernardino Counties and …

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Bank releases year-end data

AltaPacific Bank

AltaPacific Bancorp, the parent company of AltaPacific Bank, Tuesday announced a year-to-date income of $4.3 million and earnings-per-share of 74 cents. The company, which is based in Santa Rosa but maintains a strong presence in the Inland Empire, also reported a $1 million income – or 17 cents per share …

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CVB Financial announces earnings

Inland Empire Financial Earnings

CVB Financial Corp., the holding company for Citizens Business Bank in Ontario, reported net income of $27.1 million for the quarter that ended Dec. 31. That represented an increase of $1.6 million compared with the third quarter but a drop of $1.5 million year-over-year, according to data then company released …

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CVB to Issue Financial Reports

Citizens Business Bank

CVB Financial Corp., the holding company for Ontario-based Citizens Business Bank, is scheduled to release its fourth quarter financial results Jan. 19. Company officials will hold a conference call at 7:30 a.m. PST to discuss both of its fourth quarter -which ended Dec. 31 – and its 2016 fiscal year …

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CVB Financial Registers Another Positive Quarter

Citizens Business Bank

Ontario-based CVB Financial Corp. has announced a 12-cent-per-share cash dividend for the fourth quarter of 2016. That dividend was approved at the company’s regularly scheduled board of directors meeting, according to a statement. It will be paid late January to shareholders of record as of Jan. 6. This marks the …

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Local Credit Unions Post Solid Numbers

Inland Empire credit unions are gaining in popularity

Inland Empire credit unions loaned more than $1.7 billion within the local community during the third quarter, a 12 percent year-over-year increase, according to the California and Nevada Credit Union League. That was the highest amount loaned by local credit unions since 2010, as well as a 57 percent increase …

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