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CalWest Bancorp Announces Financial Results as of December 31, 2012

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CalWest Bancorp Announces Financial Results as of December 31, 2012 Powered By Docstoc
					
				
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Description: IRVINE, Calif.--(BUSINESS WIRE)--CalWest Bancorp (OTCBB: CALW), the holding company for South County Bank N.A., today announced the consolidated financial results for the three months and year ended December 31, 2012. Significant items for the periods then ending include: Quarterly net loss of $1.5 million and full year net loss of $2.1 million. Non-performing loans reduced 22.0% since last year, from $9.1 million to $6.9 million; however, given the reduction in total loans, non-performing loans a styl
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