Advertisement
 
YOU ARE HERE: LAT HomeCollectionsOrange Bancorp
IN THE NEWS

Orange Bancorp

FEATURED ARTICLES
BUSINESS
August 15, 1991 | James S. Granelli, Times staff writer
Stock in Orange Bancorp has been a hot commodity--mainly among directors. Director Farouk T. Torki and his wife, Lailia, paid about $31,000 for 10,950 shares, giving them 85,572 shares, or a 5.5% stake in the holding company for Bank of Orange County, according to a Securities and Exchange Commission document. But they aren't the only shareholders buying, said David W. Hoffman, president of the Fountain Valley bank.
ARTICLES BY DATE
BUSINESS
September 1, 2000 | From Times staff and Dow Jones newswires
A Nevada investment group with a stake in BYL Bancorp said Thursday that it believes the Orange-based bank holding company should be sold. Everest Partners LP will attempt to place two directors on the BYL board to help expedite a sale, according to a report filed with the Securities and Exchange Commission.
Advertisement
BUSINESS
September 11, 1992 | JAMES S. GRANELLI, TIMES STAFF WRITER
A Bank of Orange County director who for two years has been buying stock in the bank's holding company plans to take controlling interest in the once-troubled institution by more than doubling his stake to 49%. Philip J. Rocco, owner of Rocco's Truck, Van & Four-Wheel Drive Wrecking in Santa Ana, has received preliminary approval from regulators to acquire about 26% of the shares in Orange Bancorp, the Fountain Valley bank's holding company.
BUSINESS
May 19, 1999 | Edmund Sanders
The parent of Citizens Business Bank--the largest bank headquartered in the Inland Empire--said Tuesday it plans to expand into south Orange County by purchasing Orange National Bancorp for about $75 million in stock. Under the deal--subject to shareholder and regulatory approval--Orange National's six branches would be converted to Citizens Business Bank branches, according to D. Linn Wiley, chief executive officer at Ontario-based CVB Financial Corp., the holding company for Citizens.
BUSINESS
October 6, 1998
Orange National Bancorp, the Orange-based parent company of Orange National Bank, said net income for the third quarter reached a record $888,849, or 45 cents a share, higher than the $851,553, or 43 cents a share, reported for last year's third quarter. Total assets increased 16% to $264.7 million from $229.1 million.
BUSINESS
May 19, 1999 | Edmund Sanders
The parent of Citizens Business Bank--the largest bank headquartered in the Inland Empire--said Tuesday it plans to expand into south Orange County by purchasing Orange National Bancorp for about $75 million in stock. Under the deal--subject to shareholder and regulatory approval--Orange National's six branches would be converted to Citizens Business Bank branches, according to D. Linn Wiley, chief executive officer at Ontario-based CVB Financial Corp., the holding company for Citizens.
BUSINESS
October 11, 1996
Orange National Bancorp, parent company of Orange National Bank, reported record net income for the third quarter. The company earned $611,000, or 31 cents a share, nearly 4% higher than the $589,000, or 31 cents a share, for the 1995 third quarter. Net income for the nine months fell 21% to $1.5 million, or 77 cents a share, from $1.9 million, or 97 cents a share. Total assets as of Sept. 30 increased 4% to $220.5 million from $211.2 million.
BUSINESS
September 1, 2000 | From Times staff and Dow Jones newswires
A Nevada investment group with a stake in BYL Bancorp said Thursday that it believes the Orange-based bank holding company should be sold. Everest Partners LP will attempt to place two directors on the BYL board to help expedite a sale, according to a report filed with the Securities and Exchange Commission.
BUSINESS
October 11, 1996
Orange National Bancorp, parent company of Orange National Bank, reported record net income for the third quarter. The company earned $611,000, or 31 cents a share, nearly 4% higher than the $589,000, or 31 cents a share, for the 1995 third quarter. Net income for the nine months fell 21% to $1.5 million, or 77 cents a share, from $1.9 million, or 97 cents a share. Total assets as of Sept. 30 increased 4% to $220.5 million from $211.2 million.
BUSINESS
September 11, 1992 | JAMES S. GRANELLI, TIMES STAFF WRITER
A Bank of Orange County director who for two years has been buying stock in the bank's holding company plans to take controlling interest in the once-troubled institution by more than doubling his stake to 49%. Philip J. Rocco, owner of Rocco's Truck, Van & Four-Wheel Drive Wrecking in Santa Ana, has received preliminary approval from regulators to acquire about 26% of the shares in Orange Bancorp, the Fountain Valley bank's holding company.
BUSINESS
August 15, 1991 | James S. Granelli, Times staff writer
Stock in Orange Bancorp has been a hot commodity--mainly among directors. Director Farouk T. Torki and his wife, Lailia, paid about $31,000 for 10,950 shares, giving them 85,572 shares, or a 5.5% stake in the holding company for Bank of Orange County, according to a Securities and Exchange Commission document. But they aren't the only shareholders buying, said David W. Hoffman, president of the Fountain Valley bank.
Los Angeles Times Articles
|