CalWest Bancorp Announces Financial Results as of March 31, 2013

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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 ended March 31, 2013. Significant items for the periods ending include: Quarterly net income of $12,000 compared to the previous quarterly loss of $1.5 million No additional loan loss provision required; resulting in the ALL ratio increasing from 5.47% to 6.2% Total assets were $145 million, a decrease of 3.7% sinc /
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