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BUSINESS
December 13, 1989
The president of Lincoln National Bank in Encino said the bank might change its name because the public still confuses it with scandal-ridden Lincoln Savings & Loan. Adding to the confusion is that Lincoln National's president, John J. Keating, has the same last name as Charles H. Keating Jr., the head of Lincoln Savings' parent, Phoenix-based American Continental Corp. Lincoln Savings is based in Irvine.
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BUSINESS
January 27, 1987
Anthony D. Horton has been named president of Lincoln National Bank, based in Encino. Horton has been in banking since 1975 and previously held various posts at Union Bank in Century City. Lincoln National, which has offices in Encino and Beverly Hills, had assets of $242 million as of Dec. 31.
BUSINESS
May 4, 1990 | JOHN MEDEARIS, TIMES STAFF WRITER
A bank named after Honest Abe seemed like a good idea to Lincoln National Bank in Encino until about a year ago. That's when federal regulators seized Lincoln Savings & Loan, an unrelated thrift based in Irvine. Suddenly, Lincoln National Bank was being confused with the other Lincoln, the best known symbol of alleged corruption and excess in the S&L business. Seven executives of Lincoln S&L's parent have been accused by the federal Resolution Trust Corp.
BUSINESS
May 4, 1990 | JOHN MEDEARIS, TIMES STAFF WRITER
A bank named after Honest Abe seemed like a good idea to Lincoln National Bank in Encino until about a year ago. That's when federal regulators seized Lincoln Savings & Loan, an unrelated thrift based in Irvine. Suddenly, Lincoln National Bank was being confused with the other Lincoln, the best known symbol of alleged corruption and excess in the S&L business. Seven executives of Lincoln S&L's parent have been accused by the federal Resolution Trust Corp.
BUSINESS
December 13, 1989
The president of Lincoln National Bank in Encino said the bank might change its name because the public still confuses it with scandal-ridden Lincoln Savings & Loan. Adding to the confusion is that Lincoln National's president, John J. Keating, has the same last name as Charles H. Keating Jr., the head of Lincoln Savings' parent, Phoenix-based American Continental Corp. Lincoln Savings is based in Irvine.
BUSINESS
June 6, 1989 | JOHN MEDEARIS, Times Staff Writer
Being confused with his near-namesake, Charles H. Keating Jr., has only paid off once for John J. Keating. That was about five years ago when John Keating, president and chief executive officer of Lincoln Bancorp, the Encino-based holding company for Lincoln National Bank, was visiting Scottsdale, Ariz., home territory of the other Keating, chairman of the parent company of Irvine-based Lincoln Savings & Loan. At a restaurant, John Keating was mistaken for a relative of the Arizona businessman.
BUSINESS
May 12, 1989
John J. Keating figured he and his Lincoln National Bank in Encino would keep a low profile for a while. But his customers and shareholders keep asking the same questions, so he has decided to talk: No, his bank is not related to the troubled Lincoln Savings & Loan in Irvine and he is not related to Charles H. Keating Jr., the chairman of Lincoln S&L's parent company. "We're getting all sorts of calls from clients and stockholders," said John Keating, the bank's chairman. "We're getting some bad publicity because of the similarities in names.
BUSINESS
April 11, 1989
Lincoln Bancorp, the Encino parent of Lincoln National Bank, said its first-quarter profit more than doubled from a year earlier, to $1.41 million from $616,561. Lincoln, whose customers are mostly businesses, attributed the gains in part to a surge in net interest income, which is the amount of interest a bank earns on its loans minus the interest it pays for deposits. Lincoln's net interest income rose to $6.23 million in the quarter ended March 31 from $3.77 million a year earlier.
BUSINESS
April 11, 1989
Lincoln Bancorp, the Encino parent of Lincoln National Bank, said its first-quarter profit more than doubled from a year earlier, to $1.41 million from $616,561. Lincoln, whose customers are mostly businesses, attributed the gains in part to a surge in net interest income, which is the amount of interest a bank earns on its loans minus the interest it pays for deposits. Lincoln's net interest income rose to $6.23 million in the quarter ended March 31 from $3.77 million a year earlier.
BUSINESS
May 12, 1989
John J. Keating figured he and his Lincoln National Bank in Encino would keep a low profile for a while. But his customers and shareholders keep asking the same questions, so he has decided to talk: No, his bank is not related to the troubled Lincoln Savings & Loan in Irvine and he is not related to Charles H. Keating Jr., the chairman of Lincoln S&L's parent company. "We're getting all sorts of calls from clients and stockholders," said John Keating, the bank's chairman. "We're getting some bad publicity because of the similarities in names.
BUSINESS
December 20, 1987 | JAMES F. PELTZ, Times Staff Writer
Lincoln Bancorp, which didn't even exist six years ago, is now the second-largest banking company based in the San Fernando Valley. But for John J. Keating, Lincoln's president and chief executive, that's not nearly good enough. Lincoln, the parent of Lincoln National Bank, provides mostly corporate banking services such as equipment and real estate loans, lines of credit and checking accounts for a firm's daily cash needs. The business niche has been good to Lincoln.
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