CALIFORNIA | LOCAL
September 28, 1999 |
Some travelers visit Switzerland to admire the Alps, some to take in the centuries-old architecture, some to sample the chocolate. For Sharon Clark, however, the real lures are bank deposits, assets, loans and other things financial. Clark, vice president of commercial banking for Los Robles Bank of Westlake Village, spent a recent trip to the European country hanging out with officials of Credit Suisse bank.
CALIFORNIA | LOCAL
June 16, 1999 |
A masked gunman robbed Los Robles Bank on Tuesday morning, authorities said. The robbery occurred about 10:30 a.m. at the bank's main office, 33 W. Thousand Oaks Blvd., said Ventura County Sheriff's Capt. Keith Parks. Two customers and 15 employees were inside the bank at the time, said Cris Fulwider, the bank's general manager. No one was injured. "[The robber] said something to the effect that if everybody did what he said nobody would get hurt," Fulwider said.
October 27, 1998 |
Los Robles Bancorp and its subsidiary, Los Robles Bank, announced that for the first time in their 12-year history, net income exceeded the $1-million mark by the end of the third quarter. Net income for the nine months that ended Sept. 30 was $1.04 million or 85 cents per share, compared with $897,000 or 75 cents per share for the same period last year. Bank officials said the 16.4% boost in earnings came because of an increase in total loans and growth of core earnings.
August 11, 1998 |
Los Robles Bank in Thousand Oaks has formed a foreign trade finance department to assist local companies in international business transactions. The department, which will be headed by bank Vice President Robert Young, will provide financing to importers and exporters, including commercial and standby letters of credit and bankers' acceptances. Bank President Robert B.
February 3, 1998 |
Los Robles Bank reported net income of $1.29 million or $1.08 per share in 1997, the first time in its 10-year history that annual net profits exceeded $1 million. Net income for 1996 was $613,000, or 58 cents per share. Bank officials said 1997's growth was caused by improved local loan demand throughout the Conejo Valley and strong core-earnings growth. Total loans grew by 25.7%, to $66.7 million. As of Dec. 31, total assets were $120.02 million, up $26.6 million from a year earlier.
December 2, 1997 |
Shareholders of Los Robles Bancorp, parent company of Los Robles Bank of Thousand Oaks, are scheduled to get a New Year's gift from their favorite financial institution. The company's board of directors has approved a two-for-one stock split, to be distributed Dec. 29 to shareholders of record as of Dec. 5. The split is a result, in part, of a jump in the stock price from about $16 at the start of 1997 to a current $25.