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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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Former Sonoma Valley Bank executive Sean Cutting joins Rabobank
October 15th, 2010SONOMA — Sean Cutting, former president and chief executive officer of Sonoma Valley Bank, has joined Rabobank N.A. as senior relationship manager. Mr. Cutting will be responsible for business development and community outreach in the Sonoma Valley.
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Brad Bollinger: North Bay loses a community bank; Was it necessary?
September 20th, 2010Aug. 20 will be remembered by many in the Sonoma Valley as “Black Friday.”
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Commentary: Sonoma Valley Bank directors devastated by FDIC seizure
September 11th, 2010On Aug. 20, Sonoma lost one of its leading community members – Sonoma Valley Bank. It was 22 years old and far too young for its untimely and unnecessary demise. It carried the reputation of being one of the most generous, helpful, caring and supportive institutions in town.
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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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Sonoma Valley Bank reports positive quarter
July 22nd, 2010SONOMA–Sonoma Valley Bancorp announced that its subsidiary, Sonoma Valley Bank, reported increased capital levels and positive net income results during the second quarter of 2010.
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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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Commercial Real Estate: Is TJ Maxx coming to Petaluma’s ex-Mervyn’s?
June 14th, 2010Also: Lowe’s plans two stores; Costco shifts Ukiah site
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Sonoma Valley Bancorp agrees to new financial targets
May 25th, 2010SONOMA – Sonoma Valley Bancorp today announced that its subsidiary, Sonoma Valley Bank, has entered into an agreement with its regulators to continue taking actions to strengthen its financial condition and operations.
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Spotlight: Leaders in Commercial Banking
March 22nd, 2010(Listed alphabetically by name)
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Banking & Finance: Bank study sees more – and more creative – online wine marketing
March 1st, 2010Economy increases role of direct sales; buying on Facebook?
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Sonoma Valley Bank to revise third-quarter loss to $19M
February 19th, 2010SONOMA — Sonoma Valley Bancorp (Bulletin Board: SBNK), the the parent of Sonoma Valley Bank, this afternoon said it expects to significantly expand its third-quarter and nine-month reported losses following a regulatory review of bank filings.
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Bank earnings from around North Bay
November 2nd, 2009NORTH BAY – Many North Bay banks are maintaining strength in their income statements even in the down economy that executives said is extremely challenging.
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Banks must pay higher FDIC fees
July 6th, 2009NORTH 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.
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New Project Profiles: Carneros Business Condominiums
December 22nd, 2008Bill Saks brought together Willie McDevitt and Ed Brush, owners of Petaluma-based commercial general contractor McDevitt & McDevitt, and 10 other investors to build the industrial condominiums, which they call “iCondos.” It’s the first project to be built in the 53-acre Carneros Business Park.
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