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Los Robles Bank

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BUSINESS
December 5, 1995 | JACK SEARLES
Los Robles Bank, based in Thousand Oaks, has opened a new branch on Adolfo Road in Camarillo. The new unit is Los Robles' third. The bank also has an office in Westlake Village. Martin Daly of Camarillo has been appointed vice president and manager of the Camarillo branch. He has 27 years of banking experience. Founded in 1987, Los Robles has assets of $73.6 million. The bank specializes in serving business and professional people.
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CALIFORNIA | LOCAL
July 11, 2000 | RODNEY BOSCH
Pacific Capital Bancorp in Santa Barbara completed its $32.5-million acquisition of Los Robles Bancorp on June 30. Los Robles Bancorp is the parent company of Los Robles Bank, which operates banking offices in Thousand Oaks, Westlake Village and Camarillo and has loan production offices in Thousand Oaks and Orange County. Pacific Capital Bancorp, with $3.5 billion in assets, is now a 40-office community-banking network serving customers in six Central Coast counties.
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CALIFORNIA | LOCAL
June 20, 2000 | BARBARA MURPHY
Saying it is the first in the nation to do so, Los Robles Bank in Ventura has prepared an audio CD as a free supplement to its annual report. The "Virtual Audio Tour" of the bank includes the voices of bank customers and management. "The standard, paper annual report has always served the purpose of transmitting our year's summary in the form of numbers, and we've always been proud of our performance," Vice President Sharon Clark said.
CALIFORNIA | LOCAL
June 20, 2000 | BARBARA MURPHY
Saying it is the first in the nation to do so, Los Robles Bank in Ventura has prepared an audio CD as a free supplement to its annual report. The "Virtual Audio Tour" of the bank includes the voices of bank customers and management. "The standard, paper annual report has always served the purpose of transmitting our year's summary in the form of numbers, and we've always been proud of our performance," Vice President Sharon Clark said.
BUSINESS
July 4, 1995 | Jack Searles
Los Robles Bank, an independent bank based in Thousand Oaks, has opened a branch in Westlake Village. Robert B. Hamilton, the bank's president, opened the new office by cutting a "money ribbon" of $20 bills that were contributed to Under One Roof, a group devoted to low-income housing in the Conejo Valley. Mary Guy, a Los Robles vice president, was named manager of the new branch. Los Robles, founded in 1987, claims to be the only commercial bank headquartered in the Conejo Valley.
BUSINESS
May 9, 1995
Los Robles Bank, a one-branch bank in Thousand Oaks, reported a 16% jump in earnings for the first quarter that ended March 31. The bank reported a profit of $136,000 for the first quarter, compared to earnings of $117,000 in the same three-month period a year earlier. The bank's assets totaled $71.1 million as of March 31, up 9% from $65.1 million a year earlier.
BUSINESS
September 3, 1996
Los Robles Bank next week is expected to launch its Small Business Development Group, an informational and networking collective for small businesses in Ventura County and the Conejo Valley. The group is intended to serve as a peer support group for entrepreneurs and a way to help small business owners weave their way through the business loan process.
CALIFORNIA | LOCAL
June 16, 1999 | HOLLY J. WOLCOTT
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. "Then he jumped over the counter, went down the teller line and jumped back over.
BUSINESS
May 16, 1995 | LEO SMITH, SPECIAL TO THE TIMES
At a time when business transactions are increasingly handled long distance, small Los Robles Bank in Thousand Oaks thrives on a personal approach. Los Robles' profits increased 16% in the first quarter to $136,000. Its total assets were $71.1 million as of March 31, up $6 million over last year.
BUSINESS
February 3, 1998 | BARBARA MURPHY
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.
CALIFORNIA | LOCAL
September 28, 1999 | LEO SMITH, TIMES STAFF WRITER
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 | HOLLY J. WOLCOTT
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.
BUSINESS
October 27, 1998 | BARBARA MURPHY
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.
BUSINESS
August 11, 1998 | BARBARA MURPHY
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.
BUSINESS
February 3, 1998 | BARBARA MURPHY
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.
BUSINESS
December 2, 1997 | LEO SMITH, TIMES STAFF WRITER
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.
BUSINESS
February 4, 1997 | BARBARA MURPHY
Los Robles Bancorp reported the net income of its wholly owned subsidiary, Los Robles Bank, at a record-setting $712,000 for calendar year 1996. This represented a $118,000 increase over the previous year's earnings record of $594,000. "We have greatly benefited during 1996 from a strong business development program, an improving economy and important competitive changes as a result of a high level of merger activity," said Robert B. Hamilton, bank president and CEO.
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