Businessweek

Pacific West Bank reported unaudited earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported interest and fee income of $0.588 million against $0.674 million a year ago. Net interest income was $0.482 million against $0.488 million a year ago. Net interest income after provision was $0.482 million against $0.488 million a year ago. Loss before income taxes was $0.053 million against $0.252 million a year ago. Net loss was $0.053 million against $0.252 million a year ago. For the six months, the company reported interest and fee income of $1.188 million against $1.486 million a year ago. Net interest income was $0.965 million against $1.096 million a year ago. Net interest income after provision was $1.019 million against $0.621 million a year ago. Loss before income taxes was $0.131 million against $1.055 million a year ago. Net loss was $0.133 million against $1.057 million a year ago.

Pacific West Bank’s common stock has been deleted from OTCBB, effective July 23, 2012, due to ineligible for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11.

Pacific West Bank reported unaudited earnings results for the third quarter and nine months ended September 30, 2011. For the quarter, the company reported interest and fee income of $658,000, net interest income of $479,000, net interest income after provision of $23,000, loss before income taxes of $827,000, net loss of $827,000 compared to interest and fee income of $867,000, net interest income of $585,000, net interest loss after provision of $301,000, loss before income taxes of $1,110,000, net loss of $1,111,000 for the same period last year. For the nine months, the company reported interest and fee income of $2,144,000, net interest income of $1,575,000, net interest income after provision of $644,000, loss before income taxes of $1,882,000, net loss of $1,884,000 compared to interest and fee income of $2,634,000, net interest income of $1,687,000, net interest loss after provision of $1,084,000, loss before income taxes of $3,445,000, net loss of $3,448,000 for the same period last year.