HOME > About Us > Corporate History > 1995-1996
1995-1996
1996
- Merged our two thrift and loans into one Nevada banking subsidiary
- Net income of $12.5 million is a new record and more than ten times last year's net income
- Loan originations increased 45% to $848 million
- Total capital passed $204 million
- Introduced Reward checking for individual customers
1995
- Repeat and referred customers represent 75% of loan originations
- Opened branches in San Rafael and on Irving Street in San Francisco to further expand deposit franchise
- Introduced ATM services
- Developed and launched the Prestige Home Index, which tracks high-end home values in San Francisco, Los Angeles, and San Diego markets
