Tap to enable a layout that focuses on the article.
Advertisement
Business

Premier Bank’s 1st Quarter a Turnaround From ’87

L.A. Times Archives

Premier Bank posted a $48,080 profit for its first quarter that ended March 31, against a loss of $64,844 a year earlier.

Robert N. Giacobbe, president and chief executive of the Northridge bank, attributed the improvement to cost-cutting efforts, aggressive marketing and increased loan activity.

Premier, with assets of $59 million, has offices in Northridge, Woodland Hills and Thousand Oaks.

Advertisement

More to Read

Business

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.

By continuing, you agree to our Terms of Service, which include arbitration and a class action waiver. You agree that we and our third-party vendors may collect and use your information, including through cookies, pixels and similar technologies, for the purposes set forth in our Privacy Policy such as personalizing your experience and ads.

More From the Los Angeles Times

Most Read in Business

Advertisement
Advertisement