Ontario-based CVB Financial Corp., the parent company of Citizens Business Bank, will acquire Valley Business Bank in Visalia. The Federal Deposit Insurance Corporation, along with the shareholders of Valley Commerce Bancorp, approved the purchase in February, according to a statement released Tuesday. Valley Commerce Bancorp. is the parent company of Valley …
Read More »BofA recognizes desert charity
Galilee Center, a facility in Mecca that provides basic needs such as food and clothing to disadvantaged migrants in the Coachella Valley, has received a $200,000 grant from Bank of America. The donation, part of Bank of America’s Neighborhood Builders Program, will allow the Galilee Center in Mecca to continue …
Read More »BofA to distribute nonprofit grants
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 …
Read More »Bank releases year-end data
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 …
Read More »CVB Financial announces 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 …
Read More »CVB to Issue Financial Reports
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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