April 18, 2014
SANTA ROSA — Umpqua Holdings Corporation is charting an expanded path for growth in California, following Friday’s completed merger with the parent company of Argent Bank and the acquisition of Novato’s Circle Bank in November of 2012.
September 11, 2013
SANTA ROSA — Near the anniversary of its acquisition of Novato’s Circle Bancorp, Umpqua Holdings Corporation appears poised to grow yet again in the North Bay through the acquisition on Sonoma Bank’s Washington-based parent company.
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.
August 12, 2013
SANTA ROSA — Sterling Financial Corp. will unite Sonoma Bank and other California subsidiaries under a new name, Argent Bank, in the coming months, the Spokane, Wash.-based parent company announced.
August 5, 2013
Sonoma, Westamerica, First Northern, Summit State and AltaPacific banks reported second-quarter financial results.
August 5, 2013
Aleia Coate, formerly Sonoma Bank’s Sebastopol branch manager, is now managing the Santa Rosa main branch. …
Sonoma Bank also recently hired Victoria Johnston to manage its Sebastopol branch. …
Bank of Marin Bancorp hired Tani Girton as chief financial officer. …
Novato’s W. Bradley Electric promoted Todd Garrett to division manager of WBE Audio Visual. …
Michele Kangas, RN, of Santa Rosa Memorial Hospital received the DAISY Award for Extraordinary Nurses. …
Ukiah Valley Rural Health Center, part of Adventist Health, said Cary Wheeler, DO, is now seeing patients. …
Sonoma-based BeautifulPlaces appointed new management at newly acquired McLaughlin Anderson Luxury Villas based in St. Thomas, U.S. Virgin Islands: Stephanie Edwards, Jennifer Taylor and Jamaica Hamilton. …
Grace De La Torre, CP, was named California’s Paralegal of the Year. …
Tiffani Montgomery joined California Parenting Institute as marketing, outreach and event director. …
The Council on Aging appointed Ed Wurz donations officer and Kate Titus marketing coordinator. …
Vinpak, a custom wine packaging and staffing service based in Valley Wine Warehouse’s American Canyon facility, hired Lynne Weaver to oversee sales and marketing. …
July 30, 2013
SANTA ROSA — Sterling Financial Corporation (NASDAQ: STSA), parent company of Santa Rosa-based Sonoma Bank, announced that net income for the second quarter had increased 22.5 percent compared to the first three months of 2013.
July 15, 2013
Sonoma Bank opened a new, full-service branch, replacing the in-store branch formerly inside the G&G Supermarket in Santa Rosa. …
Cloverdale’s Bear Republic Brewing Company will be adding a seasonal bottled selection. …
Congressman Mike Thompson announced a $238,000 federal grant that will provide Sonoma County veterans with job training, job placement, housing and other services. …
Corte Madera’s RH (Restoration Hardware Holdings) announced that Gary Friedman, the company’s chairman emeritus, creator and curator, has been reappointed co-chief executive officer and chairman. …
Sausalito’s Somersault Snack Co. is voluntarily recalling a limited number of packages of 1-ounce Somersault Pacific Sea Salt products. …
Healdsburg’s Ferrari-Carano Vineyards and Winery has introduced Scharffen Berger Chocolate artisan chocolate into its Seasons of the Vineyard Tasting Bar & Boutique in Healdsburg. …
July 1, 2013
A number of recent moves in California for Sterling Financial Corp. (NASDAQ: STSA), parent of Sonoma Bank, point to a period of rapid evolution and growth for the Spokane-based lender’s presence throughout the state and the North Bay.
June 17, 2013
With high hopes for the direction of Napa County’s economy, Richmond-based Mechanics Bank is expecting that a new branch in the city of Napa will be among the bank’s top three most productive offices in the next five to 10 years. …
Sterling Financial, the Washington-based parent company of Sonoma Bank, has recast its management structure in Northern California with the promotion of long-time North Bay banker Jamie Williams to the role of Northern California market president. …
June 3, 2013
First Northern Community Bancorp, the holding company for First Northern Bank, announced that John Carbahal was elected to a three-year term as chairman and Foy McNaughton was elected to a one-year term as vice chairman. …
Sonoma Bank recently hired Linda Sims as a treasury management sales consultant at its Walnut Creek SBA and Loan office. …
Sonoma Bank also hired Jon Daco as a sales manager and loan officer at its Walnut Creek Home Loan Division. …
Codding Investments board of directors appointed Eric Reid to serve as the company’s chief financial officer. …
Creative Counseling for Elders and Families, Inc. announced the addition of Kira Reginato, therapeutic care manager, to its staff. …
The Olive Press in Sonoma hired Chris Gilmore as its new production manager. …
Fireman’s Fund Insurance Company appointed Erik W. Matson to the position of commercial insurance field executive. …
Susie Bynum, national sales manager for Ehret Family Winery, was re-elected to a third term as chairman of The Meritage Alliance at the group’s annual meeting in May. …
May 30, 2013
SANTA ROSA — Fueled in part by new loan volume under a recently acquired subsidiary, Sonoma Bank announced that it completed $7 million more in loans backed by the U.S. Small Business Administration in Northern California during the first half of the administration’s fiscal year than during the prior 12 months combined.
May 13, 2013
Sterling Financial Corporation (NASDAQ:STSA), parent company of Sonoma Bank and Sterling Savings Bank, and Newport Beach-based Commerce National Bank (OTCBB:CNBF) entered a definitive agreement for Sterling to acquire Commerce National for $15.10 per common share in cash, or $42.9 million including planned redemption of outstanding stock options and warrants. …
Sho-Ka-Wa Casino near Hopland said it plans to use the sbX software from International Game Technology (NYSE: IGT). That provides a game theme library, analytics and floor-management features. …
Sausalito’s Smart Meetings magazine, a resource for event-planning professionals, won the 2013 Maggie Award for Best Feature Article, “A Winning Combination” written by David Vranicar, within the Creative Trade & Consumer Print award division for publications with circulations of less than 50,000. …
The Marin Sonoma Concours d’Elegance added a 1961 Cooper T56 Mark ll Formula Junior owned by Steve McQueen to its showing of vintage automobiles once owned by Hollywood legends. …
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 7, 2013
Sterling Financial Corporation, owner of Santa Rosa-based Sonoma Bank, announced that its principal operating subsidiary, Sterling Savings Bank, has entered into a definitive agreement to acquire the Seattle-area operations of Boston Private Bank & Trust Company, a wholly owned subsidiary of Boston Private Financial Holdings, Inc. …
Sunrise Management has more than doubled its Northern California presence with the recent addition of six multifamily properties to its portfolio, including Estancia Apartments in Santa Rosa. These six additions bring Sunrise’s regional portfolio total to well more than 1,200 units. Also added earlier was Santa Rosa complex Cedarwood Apartments. …
Oxbow Public Market is planning a week-long birthday party on Jan. 21–25 to celebrate the five-year anniversary of the public market in downtown Napa. …
October 29, 2012
The volume of small business lending backed by the U.S. Small Business Administration in the Bay Area reached an all-time high during the last fiscal year, and volume for such loans in three North Bay counties grew by more than one-third.
October 29, 2012
SANTA ROSA — By acquiring American Heritage Holdings in Southern California, Sterling Financial Corporation (NASDAQ: STSA), the parent of Sonoma Bank, will be pushing into smaller-balance loans backed by the U.S. Small Business Administration, according to a top bank official.
October 25, 2012
SANTA ROSA — Sterling Financial Corporation (NASDAQ: STSA), parent company of Sonoma Bank, today reported net income of $30.6 million for the third quarter of 2012. Those earnings represented a 170.9 percent increase versus the same quarter in 2011, driven by asset growth, increased profits from mortgage services and the sale of certain investment securities.
August 14, 2012
SANTA ROSA — The U.S. Department of the Treasury today announced the sale of more than 5.7 million common shares in Sonoma Bank’s parent company, part of a continued effort to unload stock that it purchased to infuse capital into banks hit hard during the recession.
August 13, 2012
As the company’s top California executive, Deborah Meekins played a key role in engineering the turnaround of Spokane, Wash.-based Sterling Financial Corporation after the Sonoma Bank owner suffered a major financial setback during the recession, said Ezra Eckhardt, president and chief operating officer of Sterling.
During a recent visit to Santa Rosa, Mr. Eckhardt estimated that between 60 percent and 70 percent of new loans across the western United States are either procured or processed through Sonoma Bank’s headquarters in Santa Rosa.
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