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Humboldt Bancorp

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BUSINESS
August 13, 2003 | From Bloomberg News
Humboldt Bancorp, a Northern California bank, agreed Tuesday to buy California Independent Bancorp for about $80 million as Humboldt adds branches from Sacramento north to the Oregon border. Humboldt will pay $35.50 in cash or stock for each share of California Independent, 23% more than Monday's closing price of $28.90. On Tuesday, shares of California Independent rose $5.81 to $34.71 on Nasdaq.
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BUSINESS
August 13, 2003 | From Bloomberg News
Humboldt Bancorp, a Northern California bank, agreed Tuesday to buy California Independent Bancorp for about $80 million as Humboldt adds branches from Sacramento north to the Oregon border. Humboldt will pay $35.50 in cash or stock for each share of California Independent, 23% more than Monday's closing price of $28.90. On Tuesday, shares of California Independent rose $5.81 to $34.71 on Nasdaq.
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BUSINESS
December 13, 2001 | Bloomberg News
Humboldt Bancorp, a Northern California thrift, said it is missing $5 million and can't find the head of a company it hired to fill automated teller machines with cash. Humboldt will take a fourth-quarter charge of $3.1 million, or 29 cents a share, related to the "apparent theft," the bank said. The missing contract employee, whom the company didn't name, was in charge of servicing 138 ATMs in New York and New Jersey.
BUSINESS
December 13, 2001 | Bloomberg News
Humboldt Bancorp, a Northern California thrift, said it is missing $5 million and can't find the head of a company it hired to fill automated teller machines with cash. Humboldt will take a fourth-quarter charge of $3.1 million, or 29 cents a share, related to the "apparent theft," the bank said. The missing contract employee, whom the company didn't name, was in charge of servicing 138 ATMs in New York and New Jersey.
BUSINESS
August 18, 2003 | E. Scott Reckard, Times Staff Writer
Bankers, start your bidding: Sales of California banks are rising again after three years of decline. Most sellers so far have been banks squeezed by rising technology costs, competition from credit unions and, until recently at least, falling interest rates. All are factors that can convince longtime shareholders it's time to sell. That's good news to such aggressive acquirers as San Francisco's Bank of the West, which last year bought United California Bank for $2.4 billion.
BUSINESS
August 15, 2002 | WALTER HAMILTON and DEBORA VRANA, TIMES STAFF WRITERS
Executives of most large U.S. companies vouched for their firms' financial results, meeting a much-anticipated federal deadline Wednesday. The declarations by top managers helped to stoke a stock market rally, as a feared wave of earnings restatements by major companies didn't materialize.
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