January 27, 2014
Also: Mechanics names wealth management lead; Travis CEO to retire; Summit’s annual “Wonderful Life” fundraiser; earnings from around the North Bay
January 27, 2014
Leaders at North Bay lending institutions, listed in alphabetical order: AltaPacific, American River Bank, Argent Bank, Bank of America, Bank of Marin, Bank of Napa, Bank of the West, Comerica Bank, Exchange Bank, First Community Bank, First Northern Bank, JPMorgan Chase, Luther Burbank Savings, Mechanics Bank, North Valley Bank, Presidio Bank, Rabobank, Redwood Credit Union, State Assistance Fund for Enterprise Business and Industrial Development Corporation (SAFE-BIDCO), Silicon Valley Bank, Summit State Bank, Travis Credit Union, Umpqua Bank, Union Bank, U.S. Bank, Warren Capital Corp., Wells Fargo and Westamerica Bank.
January 16, 2014
NAPA — Bank of Napa, N.A. (OTCBB: BNNP) on Thursday reported a 6.7 percent increase in net income in 2013, 13.2 percent rise in loans and 11.1 percent boost to net assets.
October 28, 2013
Sonoma County Economic Development Board is advancing in its effort to assist very small “micro-enterprise” companies in their access to capital, with plans to begin rolling out a targeted technical assistance program before the end of this year. …
Improving loan quality has helped Santa Rosa’s Exchange Bank to realize a profit of $11.43 million for the first nine months of 2013 — up 27 percent compared to the same period last year, the bank announced. …
Bank of Marin Bancorp, parent company of Bank of Marin, announced a 25 percent increase in third-quarter earnings compared to the same three-month period in 2012. …
After a profitable third quarter including growth in its loan portfolio, Bank of Napa N.A. has exceeded $150 million in assets for the first time in its seven-year history. …
October 18, 2013
NAPA — Bank of Napa N.A. (OTCBB: BNNP) announced that net income for the first nine months of 2013 was up 5 percent compared to the same period last year.
September 9, 2013
Kathi Metro has joined Bank of Napa as executive vice president and chief credit officer. …
United Mechanical Incorporated announced Shannon Rund has joined its team as an account manager serving the North Bay, greater San Francisco and East Bay. …
The Community Child Care Council of Sonoma County’s Board of Directors announced two new members: Santa Rosa Police Department Captain Craig Schwartz and David Garcia. …
Marin General Hospital appointed Linda Lang as chief human resources officer, replacing Theresa Gianfortune, who retired. …
The Northern California Health Care Authority, a regional joint powers agency, appointed Kurt Hahn interim executive director. …
John Lowry announced his candidacy for the California Assembly in the North Coast’s second district, a seat currently held by Wesley Chesbro. …
Joining Frank Howard Allen Realtors in Sebastopol were Geoffrey Apple, Linda Sundheim, Jeanne Woods and Teresa Clark. …
Alex Ryan of Duckhorn Wine Company, Ning Zhang of Purlieu Wines, and Erle Martin of Crimson Wine Group, joined Sonoma State University’s Wine Business Institute Board of Directors. …
St. Francis Winery & Vineyards added winemaker Chris Louton plus Barbara Hawkins as new tasting room operations manager, Kelley Mingram as event coordinator and Erica Petersen as senior marketing specialist. …
Dana Estates appointed Jason Heller as national sales manager and Vanessa Conlin as sales and hospitality manager. …
Benovia Winery named Jen Walsh as its new assistant winemaker. …
August 14, 2013
The Business Journal on Wednesday announced a record 75 recipients for its eighth annual Best Places to Work.
More than 6,000 employees completed the required anonymous online satisfaction survey, and thousands of comments were collected in the process.
July 18, 2013
NAPA — Bank of Napa, N.A. (OTCBB: BNNP) announced a 20.6 percent increase in pretax net income comparing the first six months of 2013 to the prior year, with record earnings in its 13th consecutive profitable quarter, ended June 30.
April 29, 2013
After returning from the annual executive conference for Western Independent Bankers, a community bank trade group, Russell Colombo, president and CEO of Bank of Marin, said that leaders in the industry are starting to express greater optimism after a historically challenging economic period. …
Loans and deposits have grown at Bank of Napa, N.A., with net assets growing 8.2 percent over the course of a year and approaching $150 million as of March 31. …
April 18, 2013
NAPA — While assets and pre-tax income have grown at Bank of Napa, N.A. (OTCBB: BNNP), the bank announced today that net income was 9.4 percent lower comparing the first three months of 2013 to the same period in 2012. The change was largely attributable to a reduction in the bank’s income tax benefit from the prior year, according to the announcement.
March 25, 2013
While many businesses, homebuyers and individuals have benefited from the Federal Reserve’s continuing effort to keep interest rates low, that same economic policy — along with heightened pressure from regulators and tepid demand for new loans — has added up to a time of historic challenge for community lenders in the North Bay and beyond.
Executives at North Bay financial institutions said they saw no clear end for the current conditions.
February 4, 2013
Santa Rosa’s Exchange Bank announced that net income for all of 2012 had risen slightly versus income for 2011, meeting the bank’s projections despite a lukewarm demand for financing from both households and businesses. …
Net income at Novato-based Bank of Marin was up 14.5 percent in 2012 compared to 2011, with $17.8 million representing $3.28 per share, according to an announcement by the bank. …
Year-over-year net income rose 55 percent for Santa Rosa’s Summit State Bank, a period that president and CEO Tom Duryea called “the best year yet in our 38-year history.” …
Citing challenges of a low-interest-rate environment, San Rafael-based Westamerica Bank announced that 2012 net income had slipped 7.7 percent from 2011. …
Bank of Napa, N.A. announced record profit in 2012, with net income up by more than two-thirds from the year before. …
Dixon-based First Northern Bank announced that net income of $4.6 million for all of 2012 marked a 70.4 percent increase versus net income in 2011. …
Total assets as of Dec. 31 were $831.5 million, up $50.3 million — 6.4 percent — compared to one year prior. Total deposits were $730.8 million, up 7.6 percent from the same period in 2011. …
Annual net assets rose 15.82 percent for Santa Rosa’s Community First Credit Union comparing 2012 to 2011, reaching $150.63 million in a period of rapid growth for the lender, according to an announcement. …
January 28, 2013
Featured in this spotlight on commercial lenders are executives at American River Bank, AltaPacific, Bank of America, Bank of Marin, Bank of Napa, Bank of the West, Comerica Bank, Exchange Bank, First Community Bank, First Northern Bank, Luther Burbank Savings, JP Morgan Chase, Mechanics Bank, Presidio Bank, Rabobank, Silicon Valley Bank, Sonoma Bank, State Assistance Fund for Enterprise Business and Industrial Development Corporation (SAFE-BIDCO), Summit State Bank, Travis Credit Union, U.S. Bank, Umpqua Bank, Union Bank, Warren Capital, Wells Fargo and Westamerica Bank.
January 17, 2013
NAPA — Bank of Napa, N.A. (OTCBB: BNNP) today reported record profit in 2012, with net income up by more than two-thirds from the year before.
November 12, 2012
A number of wine industry lenders in the North Bay have seen an uptick in demand for financing this year as wineries, vineyards and related industries seek to position themselves more strongly in a changed economy.
October 18, 2012
NAPA — Bank of Napa, N.A. (OTCBB: BNNP) earned a net income of $435,800 in the three months ended Sept. 30, a 75 percent increase over profits made during the same quarter in 2011.
July 19, 2012
NAPA — Bank of Napa, N.A. (OTCBB: BNNP) today report second-quarter net income of $487,000 and income in the first half of the year improved more than 140 percent than during the same period in 2011.
April 23, 2012
NAPA – Bank of Napa, N.A. (OTCBB: BNNP) reported its eight consecutive quarterly net profit for the first quarter of 2012, with a net income of $468,000.
April 19, 2012
NAPA – Bank of Napa, N.A. (OTCBB: BNNP) reported its eight consecutive quarterly net profit today, after earning $468,000 in the first quarter of 2012.
February 20, 2012
Commercial Real Estate Cooke Orthodontics has acquired the “Mrs. McDonalds” building at 3392 Solano Ave. across from Vallergas Market at Redwood Plaza in Napa. The 4,000-square-foot building will be the new home for Dr. Mary Cooke‘s orthodontic practice. The opening date is anticipated in fall 2012. Cathy D’Angelo Holmes of Coldwell Banker Commercial Brokers of [...]
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