West Coast Bancorp: The Newport Beach bank...
- Share via
West Coast Bancorp: The Newport Beach bank holding company said it lost $2.6 million, or 28 cents a share, for the second quarter, compared to a net loss of $1.4 million, or 16 cents a share, reported for the same quarter a year ago. For the first half, the company reported a net loss of $4 million, or 44 cents a share, compared to a net loss of $1.4 million, or 15 cents a share, for the like 1992 period. The company said its 1993 losses resulted primarily from lower loan volumes and losses associated with non-performing loans and real estate it owns.
More to Read
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.