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Sonoma Valley Bancorp agrees to Fed order
August 9th, 2010SONOMA — Sonoma Valley Bancorp, parent company of Sonoma Valley Bank, has entered into agreements with the Federal Reserve Bank of San Francisco to shore up the institution’s balance sheet.
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North Bay wealth, investment advisers offer their guidance
March 1st, 2010NORTH BAY – From around the North Bay, wealth advisers, businesses strategists and investment experts weighed in on economic opportunities and dangers in the current environment.
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Tamalpais Bancorp showed a $37.6 million loss in 2009
February 16th, 2010SAN RAFAEL – Tamalpais Bancorp, parent company for Tamalpais Bank, today reported a net loss for the fourth quarter of 2009 of $28.2 million. The net loss for the year was $37.6 million, compared with net income of $4.8 million reported in 2008. Total assets were reported at $629.7 million, down form $703.7 million at the end of 2008.
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Tamalpais Bancorp enters into agreement with the Federal Reserve Bank of San Francisco
January 21st, 2010SAN RAFAEL — Tamalpais Bancorp, parent company of Tamalpais Bank, is working out an agreement with the Federal Reserve Bank of San Francisco to help ensure compliance with a recent cease-and-desist order from the Federal Deposit Insurance Corp.
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Cancellation of debt can mean big tax bill
July 20th, 2009NORTH BAY – Commercial property owners are having to come up with ways to avoid paying high taxes on loan restructuring and sales back to a bank.
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