North Bay Business Journal

SANTA 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.

‘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 [...]

(Listed alphabetically by name)

NAPA – Capitol Bancorp Limited of Lansing, Mich., is selling Napa Community Bank to Rabobank, a Roseville-based community bank serving mainly the food and agriculture industries in central California. There will be an initial cash consideration of approximately $25 million with other considerations. Rabobank is a nationally chartered bank with $10 billion in assets.

NAPA – Napa Community Bank reported net income of $439,000 for the second quarter of 2009, and a record $926,000 for the first half of 2009, up $458,000 from the first half of 2008.   The bank reported total assets of $158.2 million at June 30, 2009, an increase of $22 million or 16.2 percent from [...]

NORTH BAY – Banks are facing a one-time increase in their insurance premiums to shore up the Federal Deposit Insurance Corp., a move experts are saying will further inhibit lending.

Advertising Sausalito-based Mud Worldwide was commissioned to complete two branding assignments for Episcopal Retirement Homes and Living Well Senior Solutions. N2 Media of Novato premiered its nMotion outdoor advertising system at the 5th annual NASCAR Day at Infineon Raceway. Banking & Finance Napa Community Bank gave 150 customers $10 in Oxbow Bucks during its customer [...]

NAPA – In times of economic strife, thinking about your banker as a business partner will prove good for both a company and the bank.