Security California Bancorp, holding company of Security Bank of California in Riverside, has been sold. Irvine-based Pacific Premier Bancorp Inc. announced last week that it has reached an agreement to buy Security Bank for an undisclosed sum, according to a statement. Security Bank, a state-chartered financial institution, had $733.6 million …
Read More »Cash dividend announced
CVB Financial Corp., the holding company for Ontario-based Citizens Business Bank, has announced a 12-cents-per-share dividend for the third quarter. That dividend was approved by the company’s board of directors Tuesday and will be paid on or about Oct. 22 of next month, according to a statement. That marks the …
Read More »Inland financial institution is recognized
CVB Financial Corp. the holding company for Ontario-based Citizens Business Bank, has been named one of the most trustworthy mid-cap banks in the United States for the first quarter of 2015 by Forbes magazine. The list of the 50 most trustworthy financial companies is based on accounting and governance practices, …
Read More »Inland bank earns national recognition
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 …
Read More »CVB reports solid quarter
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 …
Read More »Bank makes local charitable donations
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 …
Read More »