Mission Bancorp posted net income of $1.2 million during the three months that ended March 31, a 65 percent increase over a year earlier. It was the Bakersfield-based bank company’s 68th consecutive profitable quarter.
The company said the loan portfolio of Mission Bank, its wholly owned subsidiary, came to $329.9 million at the end of March, a 32 percent increase from the first quarter of 2015.
“Mission Bank’s spectacular first quarter performance builds on its record-setting 2015 performance,” the bank’s president and CEO, A.J. Antongiovanni, said in a news release.
Bakersfield-based Safe 1 Credit Union has been ranked among the nation’s financially strongest credit unions for the second consecutive year.
Owing to its performance in measures such as deposit growth and capitalization, Safe 1 was listed in DepositAccounts’s 2016 edition of the Top 200 Healthiest Credit Unions in America. No other Bakersfield credit union made the list.
State air quality officials will convene a pair of workshops Tuesday in Bakersfield to discuss a proposal to cut California’s methane emissions three-quarters by 2030, in part by asking dairies to upgrade their manure management practices.
The proposal is intended to reduce what the California Air Resources Board calls short-lived climate pollutants, believed to contribute more heavily to global warming, pound for pound, than carbon dioxide.
The meetings are set to run from 1:30 to 3:30 p.m. and 6 to 8 p.m. at the San Joaquin Valley Air Pollution Control District’s Southern Region Office, 34946 Flyover Court. No formal action is expected to be taken at the workshops.
Kern County almond growers are invited to attend a weed workshop from 8:30 a.m. to 1 p.m. May 12 at Southern Star Ranch, 14400 Panama Lane.
The workshop is being put on by the Almond Board of California in conjunction with University of California specialists. It will show growers how to identify and manage weeds with consideration for resistance issues.
The event is the second in a series of three workshops the board is putting on this growing season. Details on how to attend the third session, on harvest dust management and renewable energy, have not yet been announced.
Bakersfield ranked high on a new list of U.S. cities active in remodeling.
The ranking by North Carolina-based BuildFax put Bakersfield at No. 4 in the country, just behind Denver and before Riverside.
Nationwide, remodeling activity climbed 26 percent between 2013 and 2015, BuildFax estimated.