Banking Reports

Citizens Business Bank has been ranked among the country’s top banks in its size group by a national publication. For the second consecutive year, Bank Director magazine placed the Ontario-based financial institution among the top five U.S. banks with assets of $5 billion to $50 billion, according to a statement …

CVB Financial Corp., the parent company of Ontario-based Citizens Business Bank, reported net income of $26.8 million during the second quarter of this year. That represents a $1.3 million increase compared with the second quarter of 2014, or 5.2 percent, according to CVB Financial’s second quarter earnings report, which was …

The Bank of America Charitable Foundation is helping several non-profit entities in the Inland Empire. The organization recently donated $205,000 to 23 non-profits in Riverside and San Bernardino counties, with the money earmarked for workforce development and education, according to a statement released Tuesday. Path of Life Enterprises, the San …

Credit unions raised their profile in the Inland Empire during the past year. The 25 credit unions based in the Inland Empire issued approximately $1.2 billion in loans during the one-year period that ended March 31, according to data released recently by the California Credit Union League. That was a …

Altura Credit Union enjoyed a solid first quarter, a three-month period highlighted by the reopening of one of its main branch offices. The Riverside-based financial institution reported net income of $2.3 million and assets of nearly $800 million during the first three months of this year, according to the company’s …

Provident Savings Bank reported a positive third quarter this week. The Riverside-based bank reported a net income of $2.6 million for the quarter, with cash dividends of 12 cents per share to be paid to its stockholders, according to a company statement. That’s an 86 percent increase compared with Provident …