January 4, 2001 |
A group including Western Acquisitions LLC disclosed Wednesday that it has increased its stake in West Coast Bancorp, the Tustin holding company for Sunwest Bank, to 24%. In a filing Wednesday with the Securities and Exchange Commission, the group said it purchased 606,341 shares of West Coast's common stock on Dec. 29 for $785,211, giving it control of 2.4 million shares. On Oct. 30, the group reported a 19.1% stake in the holding company.
August 18, 2000
West Coast Bancorp, Tustin bank holding company for Sunwest Bank, said net income for the second quarter totaled $353,000, or 4 cents a share, down 26% from $475,000, or 5 cents a share, a year ago. The recent quarter included a tax provision of $498,000, compared to $71,000 for the 1999 second quarter. Total assets grew 12% to $191.6 million.
July 30, 1999
West Coast Bancorp: The Tustin parent company of Sunwest Bank posted net income of $475,000, or 5 cents a share, for the second quarter, 91% higher than the $249,000, or 3 cents a share, for the corresponding period last year. Total assets rose 10% to $170.7 million.