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Strong 2011 puts Exchange Bank closer to ‘primary objective’ of dividend
February 6th, 2012Santa Rosa-based Exchange Bank earned $12.2 million in net income over the course of 2011, a 19 percent increase from the prior year that the bank attributed to developments such as strong core earnings and a reduction in problem assets.
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Net income jumps at Bank of Napa for 2011
January 19th, 2012NAPA – Bank of Napa, N.A. (OTCBB: BNNP) announced today that its net income for 2011 was $1.14 million, an increase from $247,000 in the previous year and one the bank attributed to “strong core deposit growth.”
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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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Bank of Napa third-quarter earnings more than double
October 27th, 2011Bank of Napa, N.A., reported a net income of $249,000 in the third quarter of 2011, a $176,000 increase over the same quarter last year.
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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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Bank of Napa reports fourth consecutive profitable quarter
April 28th, 2011NAPA – Bank of Napa announced its fourth consecutive quarterly net profit since its founding. The bank recorded net income of $173,000 in the first quarter of 2011, an improvement of over $267,000 from the same quarter last year.
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Bay Commercial plans to open Napa loan office, branch
April 7th, 2011NAPA — Walnut Creek-based Bay Commercial Bank revealed more about recently announced plans in the works to establish a Napa County presence. The bank intends to open a Napa loan production office and branch in the next six to 12 months.
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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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Bank of Napa reports first annual profit
January 27th, 2011NAPA — Bank of Napa today announced its first annual profit since its founding in August 2006.
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Bank of Napa exceeds $100 million in assets for first time
October 28th, 2010NAPA — Bank of Napa (Bulletin Board: BNNP) today reported total assets passed $100 million for the first time in the institution’s four-year history.
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Banking & Finance: Bank of Napa sets milestone; Summit reports $506,000 profit
August 16th, 2010Bank of Napa reported its first profitable quarter in the bank’s history with a net income in the second quarter of $57,000 compared to the second quarter loss of $136,000 in 2009.
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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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Spotlight: Leaders in Commercial Banking
March 22nd, 2010(Listed alphabetically by name)
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Two banks see deposit, loan progress as they battle economy
February 15th, 2010NAPA — Two Napa banks recently reported financial results.
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Banking & Finance: North Coast banks report improved earnings
February 1st, 2010Westamerica Bancorporation’s fourth-quarter earnings were $58.9 million, up from $49.9 million for the same quarter the year before. Net income for the year was $121 million, a jump from $59.8 million in 2008.
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Bank of Napa shows first net operating profit for quarter
January 20th, 2010NAPA — Bank of Napa [OTCBB: BNNP] showed a net loss for the year of $668,000, a 53 percent improvement for the year before.
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Bank of Napa reports $136,000 second-quarter loss
July 24th, 2009NAPA – Bank of Napa on Thursday reported a net loss of $136,000 in the second quarter of 2009, a $209,000 improvement from the same quarter last year.
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Focus on Napa: Top local bankers urge working together
May 18th, 2009NAPA – In times of economic strife, thinking about your banker as a business partner will prove good for both a company and the bank.
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Banking & Finance: Presidio Bank grows Santa Rosa office
May 18th, 2009Presidio Bank has expanded its North Bay offerings. Once only a loan production office, now the branch is fully equipped to take deposits and serve its corporate clients.
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