Valley Republic Bank achieved a fifth consecutive quarter of record earnings during the first three months of this year, the Bakersfield-based institution reported.
The bank said its net income from Jan. 1 to March 31 came to $789,000, 32 percent greater than the same period a year before.
With no non-performing or delinquent loans, Valley Republic's total net loans reached $251.9 million, a 3.1 percent increase from the end of last year and 38 percent jump from 2014's first quarter.
Total deposits totaled $416.2 million, up 10.8 percent from Dec. 31 and 19 percent from March 31, 2014. Total assets grew by 10 percent since Jan. 1, or 19 percent since 2014's first quarter, to hit $462.2 million.
More than 85 employers will be represented Wednesday at Bakersfield College's annual Career Day from 9 a.m. to 2 p.m. at the school's Campus Center.
Participating companies and government agencies include Aera Energy LLC, Apple Inc., Bolthouse Farms, the California Highway Patrol, Dignity Health, Grimmway Enterprises, Paramount Farming Co., Rain for Rent and Tejon Ranch Co.
The event is open to students and members of the wider community. Attendees are advised to bring copies of their resume and be ready to be interviewed on the spot.
Bakersfield got its third Les Schwab Tire Center with last week's grand opening at 6725 Panama Lane.
Located next to WinCo Foods, the store offers a wide selection of tires and free warranties for products including tires, brakes, batteries and shocks.
The Bend, Ore.-based company has more than 475 locations across the West, including stores at 4901 Ming Ave. and 2512 Oswell St.
An Atlanta company has acquired a controlling interest in a 32-megawatt solar power complex in western Kern County.
Southern Power, a wholesale energy provider and subsidiary of Southern Co., said last week it bought a majority interest in the Lost Hills-Blackwell Solar Facility from First Solar Inc.
First Solar, based in Tempe, Ariz., retained a minority interest and will operate and maintain the facility, which is expected to power more than 11,000 homes upon its completion later this year.
Power and renewable energy credits generated by the photovoltaic complex will be sold to San Francisco-based Pacific Gas and Electric Co. and Roseville Electric, a community-owned utility.
Chain | Cohn | Stiles's "Meet the Attorneys" video series won second place in the Legal Marketing Association's 2015 Your Honor Awards.
The Bakersfield-based personal injury law firm, competing in the only contest of its kind in the legal field, took the award in the "Advertising" category.
Created with Bakersfield-based Scope Studies, the series airs in 30-second spots on Kern County television stations. Longer segments can be found online at Chainlaw.com.