Bank of Santa Clarita Reports First Quarter 2009 Results

Press Release Source: Bank of Santa Clarita Bank of Santa Clarita Reports First Quarter 2009 Results Franchise Expansion and Strong Credit Quality On Tuesday May 5, 2009, 2:17 pm EDT SANTA CLARITA, Calif.--()--Bank of Santa Clarita (OTCBB: BSCA) recently announced financial results for its first quarter of 2009. Bank of Santa Clarita, the only community bank headquartered in the
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Bank of Santa Clarita Reports 2008 Results

(OTCBB:BSCA) Bank of Santa Clarita (CA) Press ReleaseSource: Bank of Santa Clarita Bank of Santa Clarita Reports 2008 ResultsWednesday February 4, 2:46 pm ET Increasing Profitability and Continuing Financial Strength SANTA CLARITA, Calif.-Bank of Santa Clarita recently announced financial results for 2008. Bank of Santa Clarita, the only commercial bank headquartered in the Santa Clarita Valley, reported significantly improved earnings in 2008 over 2007. It reported that net income for the fourth quarter of 2008 grew to $351,000 compared to $73,000 for the fourth quarter of 2007, and that net income for the full year of 2008 was $552,000, as compared to a net loss of $331,000 for 2007. The fourth quarter of 2008 included the recognition
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Bank of Santa Clarita to Decline Governmental Capital Infusion

(OTCBB:BSCA) Bank of Santa Clarita (CA) Press ReleaseSource: Bank of Santa Clarita Bank of Santa Clarita to Decline Governmental Capital InfusionMonday November 24, 12:32 pm ET SANTA CLARITA, Calif.-Bank of Santa Clarita recently announced that its Board of Directors, while generally supportive of the U.S. Government's innovative and far-reaching approach to managing and minimizing the effects of the current economic crisis, has determined that it would not be in the best interest of the bank or its shareholders to apply for aid from the U.S. Treasury under the Treasury's capital assistance program. This conclusion was reached based on Bank of Santa Clarita?s strong capital position relative to reasonably foreseeable needs and opportunities, as well as the restrictions that would accompany this governmental capital infusion.
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