Calwest Bancorp CA (CALW) 0.4000 $CALW CalWest
Post# of 273315
Posted On: 08/17/2016 9:08:01 AM
Calwest Bancorp CA (CALW) 0.4000 $CALW
CalWest Bancorp Expands Board of Directors, Continues Growth in Southern California
BusinessWire - Tue Jun 14, 12:00PM CDT
CalWest Bancorp (OTCBB: CALW), the holding company for South County Bank N.A., today announced the election of six new directors to its Board of Directors at the 2016 Annual Meeting of Shareholders. They join CalWest Bancorp and South County Bank President and CEO Glenn Gray, and Electronic Cash Systems President Fadi Cheikha on the now eight-member board as the Bank continues its growth trajectory following a successful recapitalization in December 2015.
CalWest Bancorp Announces Financial Results as of March 31, 2016
BusinessWire - Wed Apr 27, 7:04PM CDT
--Non-Performing Loans decrease 97% year-over-year
CalWest Bancorp Completes a Private Offering of $14 Million
BusinessWire - Thu Dec 24, 11:57AM CST
CalWest Bancorp (OTCBB: CALW), the parent holding company for South County Bank N.A., today announced the successful completion of its $14.0 million private offering with accredited investors consisting of 43.5 million shares of common stock at a price per share of $0.20 and 53,000 mandatorily convertible preferred shares at a price of $100 per share and convertible into 26.5 million shares of common stock. CALW will use proceeds from the offering to invest $6.7 million in South County Bank for growth capital and to meet regulatory requirements, with the balance to retire its $4.9 million in TARP (Troubled Asset Relief Program) funds received in January 2009, pay the deferred interest associated with its outstanding trust preferred securities, and retain excess capital at the holding company after paying transaction-related expenses.
CalWest Bancorp Completes $14 Million Private Offering
BusinessWire - Wed Dec 23, 2:08PM CST
CalWest Bancorp (OTCBB: CALW), the parent holding company for South County Bank N.A., today announced the completion of its private offering with accredited investors. The holding company raised $14 million, of which $6.7 million will be invested in South County Bank. The balance of the capital raised will be used to retire the $4.9 million in TARP (Troubled Asset Relief Program) funds CalWest Bancorp received in January 2009, pay the deferred interest associated with its outstanding trust preferred securities, retain excess capital at the holding company and pay transaction-related expenses.
CalWest Bancorp Announces Financial Results as of September 30, 2015
BusinessWire - Thu Oct 15, 6:24PM CDT
--Non-Performing Assets as a percentage of Total Assets at 0.27%
CalWest Bancorp Announces Financial Results as of June 30, 2015
BusinessWire - Thu Aug 06, 6:31PM CDT
--Non-Performing Assets as a percentage of Total Assets at 0.62%
CalWest Bancorp Announces Financial Results as of December 31, 2014
BusinessWire - Thu Jan 29, 7:01AM CST
--Non-Performing Loans decrease 61% year-over-year
CalWest Bancorp Expands Board of Directors, Continues Growth in Southern California
BusinessWire - Tue Jun 14, 12:00PM CDT
CalWest Bancorp (OTCBB: CALW), the holding company for South County Bank N.A., today announced the election of six new directors to its Board of Directors at the 2016 Annual Meeting of Shareholders. They join CalWest Bancorp and South County Bank President and CEO Glenn Gray, and Electronic Cash Systems President Fadi Cheikha on the now eight-member board as the Bank continues its growth trajectory following a successful recapitalization in December 2015.
CalWest Bancorp Announces Financial Results as of March 31, 2016
BusinessWire - Wed Apr 27, 7:04PM CDT
--Non-Performing Loans decrease 97% year-over-year
CalWest Bancorp Completes a Private Offering of $14 Million
BusinessWire - Thu Dec 24, 11:57AM CST
CalWest Bancorp (OTCBB: CALW), the parent holding company for South County Bank N.A., today announced the successful completion of its $14.0 million private offering with accredited investors consisting of 43.5 million shares of common stock at a price per share of $0.20 and 53,000 mandatorily convertible preferred shares at a price of $100 per share and convertible into 26.5 million shares of common stock. CALW will use proceeds from the offering to invest $6.7 million in South County Bank for growth capital and to meet regulatory requirements, with the balance to retire its $4.9 million in TARP (Troubled Asset Relief Program) funds received in January 2009, pay the deferred interest associated with its outstanding trust preferred securities, and retain excess capital at the holding company after paying transaction-related expenses.
CalWest Bancorp Completes $14 Million Private Offering
BusinessWire - Wed Dec 23, 2:08PM CST
CalWest Bancorp (OTCBB: CALW), the parent holding company for South County Bank N.A., today announced the completion of its private offering with accredited investors. The holding company raised $14 million, of which $6.7 million will be invested in South County Bank. The balance of the capital raised will be used to retire the $4.9 million in TARP (Troubled Asset Relief Program) funds CalWest Bancorp received in January 2009, pay the deferred interest associated with its outstanding trust preferred securities, retain excess capital at the holding company and pay transaction-related expenses.
CalWest Bancorp Announces Financial Results as of September 30, 2015
BusinessWire - Thu Oct 15, 6:24PM CDT
--Non-Performing Assets as a percentage of Total Assets at 0.27%
CalWest Bancorp Announces Financial Results as of June 30, 2015
BusinessWire - Thu Aug 06, 6:31PM CDT
--Non-Performing Assets as a percentage of Total Assets at 0.62%
CalWest Bancorp Announces Financial Results as of December 31, 2014
BusinessWire - Thu Jan 29, 7:01AM CST
--Non-Performing Loans decrease 61% year-over-year
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