West Coast Bancorp Posts $874,000 Profit
NEWPORT BEACH — West Coast Bancorp, the holding company for Sunwest Bank in Tustin, posted 1996 net income of $874,000, or 10 cents a share, contrasted with a net loss of $339,000, or 4 cents a share, for the previous year.
For the fourth quarter, net income rose 40% to $457,000, or 5 cents a share, from $327,000, or 4 cents a share. Total assets declined 4% to $109 million at the end of December from $113.7 million.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
