West Coast Bancorp Loss Shrinks to $339,000
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NEWPORT BEACH — Bank holding company West Coast Bancorp reported a net loss of $339,000, or 4 cents a share, for 1995, compared with a net loss of $5.2 million, or 57 cents a share, for 1994.
The 1994 figure included a loss of $1 million from the sale of Sacramento First National Bank. West Coast posted a profit of $327,000, or 4 cents a share, for the fourth quarter, contrasted with a net loss of $1.2 million, or 13 cents a share, for the same period a year ago.
Total assets as of Dec. 31 were $113.7 million, down 13% from $130.9 million a year ago.
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