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Shareholders approve AltaPacific merger with Stellar
February 3rd, 2012Shareholders have approved the merger of AltaPacific Bancorp and Covina California-based Stellar Business Bank, a deal first announced in September and one that nearly doubles the value of assets held by AltaPacific Bank, according to a release today.
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Summit State Bank, AltaPacific, Bank of Napa report improved earnings
November 7th, 2011The most recent round of third quarter earnings reports from around the region.
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Bankers: Regulatory expansion will drive industry consolidation
July 11th, 2011SANTA ROSA — The high cost of complying with burgeoning regulation will be the cause of even more bank consolidation than has occurred as a result of the recession, experts say.
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International group increases capital requirements for banks
July 4th, 2011SANTA ROSA — The Basel Committee on Banking Supervision, an international forum for standardization on bank rules, has approved increasing the risk-based ratio for financial institutions from the current 8 percent to about 10.5 percent over the next several years.
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AltaPacific opens Southern California branch
May 27th, 2011SANTA ROSA/INLAND EMPIRE – AltaPacific Bancorp, the parent company of AltaPacific Bank, today announced the opening of a new branch in Rancho Cucamundo.
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AltaPacific reports income and announces a new branch
May 2nd, 2011SANTA ROSA – AltaPacific Bancorp, parent company of AltaPacific Bank, announced earnings and a new branch opening in the Inland Empire region of Southern California.
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Spotlight: Leaders in Commercial Banking in 2011
January 31st, 2011Following are many of the leading professionals in commercial lending across the North Bay. (Listed alphabetically by institution name)
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AltaPacific Bancorp reports income, stock dividend
January 28th, 2011SANTA ROSA — AltaPacific Bancorp (OTCBB:ABNK), the parent company of AltaPacific Bank, today reported net income for the quarter of $243,000 and year-to-date earnings of $902,000 for the period ending Dec. 31.
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AltaPacific reports $260,000 net
October 21st, 2010SANTA ROSA — AltaPacific Bank today reported its ninth consecutive quarter of increased earnings. The bank reported net income for the quarter totaling $260,000 and year-to-date net income totaling $658,000 for the period ending Sept. 30.
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Banking & Finance: Are regulators stifling local bank lending?
July 5th, 2010‘David suffering for Goliath’s sins;’ also, 2 in top Bauer rank There are two fewer locally based banks in the North Bay than there were at this time last year. Tamalpais Bank was shut down by the Federal Deposit Insurance Corp. and purchased by Union Bank. Napa Community Bank, previously under the parent company of Capitol Bancorp [...]
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Bank earnings: Summit, Silicon Valley, AltaPacific
May 10th, 2010NORTH BAY – Summit State Bank in Santa Rosa reported net income of $540,000 for the first quarter. That is a decrease of $307,000 from the $847,000 reported the same quarter last year.
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Spotlight: Leaders in Commercial Banking
March 22nd, 2010(Listed alphabetically by name)
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Bank earnings from around North Bay
November 2nd, 2009NORTH BAY – Many North Bay banks are maintaining strength in their income statements even in the down economy that executives said is extremely challenging.
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Atlantic Pacific Bank earnings rise
July 24th, 2009SANTA ROSA – Atlantic Pacific Bank reported net income for the quarter ending June 30 of $101,000, up from $70,000 in the first quarter, as it prepares for its Aug. 3 name change to AltaPacific Bank.
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Banking & Finance: Atlantic Pacific Bank to present new name for shareholder approval
May 4th, 2009Atlantic Pacific Bank is proposing to change its name to AltaPacific Bank, and will present the name for approval to shareholders at its May 16 meeting.
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Banking & Finance: Summit State Bank appoints COO, new director
February 9th, 2009Thomas Duryea, the president and chief executive officer of Summit State Bank, headquartered in Santa Rosa announced the promotion of Linda Bertauche as chief operating officer.
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