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Directors | Officers | News | Investor Relations | Financial Reports

OCB Bancorp Reports Gains During First Quarter 2014

Ojai, CA – April 30, 2014 – OCB Bancorp announced today it’s first quarter report, which provided a notable start to the year. The Bank maintained very good capital levels and increased loans and deposits. These positive factors show a continued growth and success on the part of the Bank and their shareholders.

During this period, the Bank reached a record $100 million in outstanding balances within their loan portfolio. This is due to the continued focus on growing that component of the Bank and increased interest from the business community. Increasing loans offers the Bank a better use of liquidity into higher yielding assets and the potential to generate better earnings.

Total assets increased to $148 million, approximately $9 million from the same period last year and about $2 million since the beginning of this year. As the industry continues to adapt to regulatory changes, it is evident that growth is needed to offset the higher regulatory burden and related overhead. Deposits fueled the Bank’s growth and increased by $9 million, year over year, to finish at $132 million at the end of March 2014.

Earnings for the first quarter of 2014 were $101 thousand compared to $26 thousand for the same period last year, a 288% increase.

OCBancorp is the holding company for Ojai Community Bank, Santa Paula Community Bank and Ventura Community Bank. The Bank is locally owned and operated. Bank stock is available on the OTC Bulletin Board Exchange as stock symbol OJCB.

Interview Contact:
David Brubaker
President & CEO, Ojai Community Bank
(805) 646-9909

Media Inquiries:
Barbara Brown
BBM&D Strategic Branding
(805) 650-5555

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Ventura Community Bank: We're Open

Ventura Community Bank: We're Open

• Upcoming Events


September 30, 2014
3rd Quarter 2014
Shareholders Report

August 1, 2014
Eloy Ortega to Lead
Santa Barbara Community Bank

July 3, 2014
OCB Welcomes Annette Hansen

June 30, 2014
2nd Quarter 2014
Shareholders Report

May 8, 2014
OCB Bancorp Declares 5%
Stock Dividend

May 1, 2014
2013 Annual Report

March 31, 2014
1st Quarter 2014
Shareholders Report

David Sabedra joins Ojai Community Bank

April 30, 2014
OCB Bancorp Reports Gains
During First Quarter 2014

November 26, 2013
OCB Hires Scott Gibb as Commercial Credit Analyst

September 30, 2013
3rd Quarter 2013 Shareholders Report

June 30, 2013
2nd Quarter 2013 Shareholders Report

March 31, 2013
1st Quarter 2013 Shareholders Report

December 31, 2012
4th Quarter 2012 Shareholders Report

November 2, 2012
Today's Low Mortgage Rates Aren't for Everyone!

October 3, 2012
Ventura Community Bank Opens Doors

more news >>

Logo-small Ojai Community Bank
402 W. Ojai Ave.
805 646-9909 fax 805 646-9919

Logo-small Santa Paula Community Bank,
a division of Ojai Community Bank
537 W. Harvard Blvd.
phone 805 525-2137 fax 805 525-0766

Logo-small Ventura Community Bank,
a division of Ojai Community Bank
3130 Telegraph Rd.
phone 805 642-9955 fax 805 642-9956

© Ventura Community Bank, a division of Ojai Community Bank