[Sierra Bancorp] – Sierra Bancorp announced the completion Friday of its acquisition of Santa Paula-based Santa Clara Valley Bank, N.A. The aggregate consideration paid by Sierra Bancorp to the shareholders and warrant holders of SCVE was approximately $15.3 million.
As announced on July 17, 2014,...
Sierra Bancorp, the holding company of Bank of the Sierra, announced the signing of a definitive agreement to acquire Santa Clara Valley Bank, N.A. of Santa Paula, California, for aggregate cash consideration of $15.3 million. The consideration consists of $12.3 million or $6.00 per share to common...
Santa Paula-based Santa Clara Valley Bank (not to be confused with the Bank of Santa Clarita) went from a $181,000 profit for the first quarter of last year to a $90,000 loss for the first three months of 2013, thanks to lower loan balances and the cost of hiring two new loan officers, bank officials...
Santa Clara Valley Bank Chairman Scott K. Rushing announced the Bank’s 2012 third quarter results Thursday.
SCVBank recorded a net profit from operations of $157,000 for the third quarter of 2012 compared to a net profit of $140,000 for the third quarter of 2011. Year to date earnings from operations...
[SCVBank] – Santa Clara Valley Bank (SCVBank) announced Thursady that Mr. Scott K. Rushing has been elected Chairman of the Board. Mr. Rushing replaces Mr. Ralph Rueda De Leon who has served as Chairman for the past three years. Mr. De Leon will continue to serve as a Director of the Bank.
Additionally,...
[SCVBank] – Santa Paula-based SCVBank recorded a net profit of $181,000 for the first quarter of 2012 compared to a net profit of $131,000 for the first quarter of 2011. This improvement in earnings was largely due to the improvement in non interest income and the reduction of non interest expenses.
SCVBank...
Santa Clara Valley Bank announced Tuesday that Cheryl L. Knight has been appointed President and Chief Executive Officer. Ms. Knight previously served the Bank as Executive Vice President, Chief Operating Officer, and Chief Credit Officer. She has been a Ventura resident for over 13 years. Ms. Knight...
The Ventura County-based Santa Clara Valley Bank posted third-quarter net profits of $140,000 after the close of trading Thursday, up from $60,000 in profits for the same period year ago.
Bank officials attributed the improvement to reduced expenses in the set-aside for loan losses.
For the nine-month...
With COVID-19 vaccine appointments booked at Los Angeles County sites through the end of the week, Public Health officials assured those who received their first dose are guaranteed their second — but confusion over the scheduling process prompted officials to clarify the situation Tuesday.
The Santa Clarita Community College District Board of Trustees will hold a video/teleconferencing special meeting via Zoom on Wednesday, Jan. 27, beginning with a closed session at 4:00 p.m., followed immediately by open session at 5:00 p.m.
Five Point Holdings, LLC recently announced the sale of additional homesites at its Valencia community, previously known as Newhall Ranch, and the lineup of homebuilders for the first phase of the community.
As COVID-19 vaccination continues for health care workers and those over 65, Gov. Gavin Newsom announced Monday California is looking to prioritize the next phases of vaccination efforts by age, rather than occupation.
Tejon Ranch Co. declared victory for its 8,000-acre Grapevine mixed-use development after a Kern County Superior Court judge ruled against an Arizona-based environmental group that dubbed the project “damaging.”
In 2019, Valencia High School student, Pedro Roman, was diagnosed with Leukemia. After one long and hard-fought year, Roman is now in remission due to the success of his latest treatment.
California Public Health officials lifted the regional Stay at Home Order statewide on Monday as Los Angeles County Public Health officials confirmed 43 new deaths and 6,642 new cases of confirmed COVID-19 countywide, and Henry Mayo Newhall Hospital in Valencia reported five new deaths on Saturday and Monday.
Los Angeles County is set to align its health order with California's by the end of the week, as the state lifted its regional stay-at-home order statewide Monday, green-lighting the reopening of in-person outside dining and hair and nail salons, among other businesses.
Officials with the California Department of Public Health on Monday ordered the Regional Stay at Home Order lifted for all regions statewide, including the three regions that had still been under the order – San Joaquin Valley, Bay Area, and Southern California.
As another winter storm hit the Santa Clarita Valley and surrounding areas, Interstate 5 was shut down through the Grapevine in "Operation Snowflake" Monday morning, with some lanes reopened by Monday afternoon.
Because of the recent rainfall, Los Angeles County Health Officer Muntu Davis, MD, MPH, is cautioning residents about beach water use due to bacteria, chemicals, debris, trash, and other public health hazards from city streets and mountain areas that are likely to contaminate ocean waters at and around discharging storm drains, creeks, and rivers.
A series of projects brought forth by Santa Clarita Valley-based organizations and agencies to aid the local homeless population could soon receive thousands of dollars from the city of Santa Clarita.
Citing the case of a convicted child rapist, Los Angeles County Supervisor Kathryn Barger said Friday she’s concerned there is a growing trend that the rights of victims of some of the most violent crimes are not being protected under District Attorney George Gascón’s administration.
Medical examiners with the Los Angeles County Coroner’s Office identified Benjamin Marquez IV, 31, of Castaic, as the man killed in a solo-vehicle crash that left one dead and sent another to the hospital Saturday.
The COVID-19 crisis has trashed recycling efforts and instead generated an increase in plastic waste, according to a recent study, but Los Angeles County restaurants could soon be required to make adjustments related to disposable food ware in an effort to reduce waste.