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Articles Tagged With ‘Banks’




BULLETIN: FBI, local law seeking bandit

Written on 27 Mar, 2009 in Uncovered SLO | One comment

Federal authorities and investigators from San Luis Obispo and Morro Bay police departments are seeking a man dubbed the “Sleeves Bandit” who is suspected of robbing a long list of at least 15 California banks, including several in this county. He’s... (Continue reading)

Sand, sun, bailout bucks for Heritage Oaks Bank officials

Written on 12 Mar, 2009 in Uncovered SLO | 3 comments

By DANIEL BLACKBURN If members of Heritage Oaks Bank’s board of directors and high ranking officials must kill a little time waiting for the U.S. government to deliver their allotment of $21 million in taxpayer bailout money, they might as well... (Continue reading)

Heritage Oaks Bank files big foreclosures

Written on 17 Jan, 2009 in Uncovered SLO | One comment

By KAREN VELIE and DANIEL BLACKBURN Heritage Oaks Bank has filed foreclosure notices against developer Kelly Gearhart’s Vista Del Hombre project, as well as Karen Guth and Joshua Yaguda’s Pasolivio Olive Ranch. Bank officials did so despite a state move on all... (Continue reading)

Bank dubbed co-conspirator

Written on 5 Dec, 2008 in Uncovered SLO | 2 comments

By KAREN VELIE and DANIEL BLACKBURN Estate Financial Inc. (EFI) creditor Ron Cooper said he plans to identify Heritage Oaks Bank as a co-conspirator with EFI principals Karen Guth and Joshua Yaguda in a lawsuit to be filed later this month. Heritage... (Continue reading)

Coast Bank’s substantial losses expose bad loans

Written on 25 Jul, 2008 in Uncovered SLO | 3 comments

By KAREN VELIE Coast National Bank is operating at a loss after projecting first-quarter profits, partly because of $9.3 million in non-performing loans. Bank officials originally reported earnings of $168,000 for the first quarter of 2008, down from $291,000 for the same... (Continue reading)

San Luis Trust CEO says extensive exam routine.

Written on 16 Jul, 2008 in Uncovered SLO | 4 comments

By DANIEL BLACKBURN and KAREN VELIE San Luis Trust Bank’s (SLTB) chief executive officer believes that an ongoing bank exam is “routine” but insiders suggest the number of examiners is extraordinary. Brad Lyon, who also serves as president of the San Luis... (Continue reading)