Mission Oaks National Bank in the News

Mission Oaks Insures Deposits Up to $50 Million

Mission Oaks Bank has joined the Certificate of Deposit Account Registry Service (CDARs) allowing it to safeguard customer accounts with up to $50 million in federal deposit insurance.

Mission Oaks Posts Favorable Asset, Loan Growth

During the third quarter, Mission Oaks reported that loans grew 37.1 percent from the same period a year ago to $160.9 million. At the same time, assets reached $203.8 million, up 21 percent from the same period a year ago.

Mission Oaks Reaffirms Role as Leading Community Bank

TEMECULA, Calif.--(BUSINESS WIRE)--Mission Oaks National Bank has joined a select group of banks in California that received top marks from regulators for meeting the credit needs of the community it serves.

Mission Oaks Among Top Performing Community Banks

TEMECULA, Calif.--(BUSINESS WIRE)--Mission Oaks Bancorp, parent of Mission Oaks National Bank, was among the nation's best performing community banks over the last three years, according to a survey conducted by U.S. Banker, a leading banking industry magazine.

Strong Loan Growth Pushes Assets at Mission Oaks Bancorp Above $200 Million

TEMECULA, Calif.--(BUSINESS WIRE)--Mission Oaks Bancorp (OTCBB:MOKB - News) reported that strong loan growth in the second quarter ended June 30, 2007, pushed assets above $200 million for the first time in the banks 6-1/2-year history.

Mission Oaks Approves Stock Buyback

TEMECULA, Calif.--(BUSINESS WIRE)--The board of directors of Mission Oaks Bancorp (OTCBB:MOKB - News) has approved plans to repurchase up to $1 million of the company's common stock in the open market effective immediately.

Mission Oaks Bancorp Reports Strong Loan, Asset Growth; Named Top Performing Bank 4th Year in a Row

Tuesday April 10, 2007. TEMECULA, Calif.--(BUSINESS WIRE)--Mission Oaks Bancorp (OTCBB:MOKB - News), whose principal subsidiary is Temecula-based Mission Oaks National Bank, said it earned $427,000, or 10 cents a share, in the first three months of 2007.

Mission Oaks Earnings Reach Record $2.5 Million

January 11, 2007. TEMECULA, Calif.--(BUSINESS WIRE)--Mission Oaks Bancorp (OTCBB:MOKB - News), whose principal subsidiary is Mission Oaks National Bank, said it earned a record $2.5 million, or 61 cents a share, in 2006,...

Mission Oaks Declares First Dividend

December 29, 2006. TEMECULA, Calif.--(BUSINESS WIRE)--The board of directors of Mission Oaks Bancorp, parent of Mission Oaks National Bank, declared its first ever dividend.

Mission Oaks Top Performing New Bank in California

December 12, 2006. TEMECULA, Calif.--(BUSINESS WIRE)--Mission Oaks National Bank was among the best performing new banks in California over the past six years, according to The Findley Reports Inc.,...

Strong Loan Growth Propels Profitability at Mission Oaks Bancorp

TEMECULA, Calif., July 12, 2006 (PRIMEZONE) -- Mission Oaks Bancorp (OTCBB:MOKB) reported record earnings and asset growth in the second quarter ended June 30 and for the first six months of 2006.

Mission Oaks Posts Record Profit; Named Super Premier Performing Bank

TEMECULA, Calif., April 11, 2006 (PRIMEZONE) -- Mission Oaks Bancorp (OTCBB:MOKB) reported earnings increased 88 percent in the first quarter of 2006 to record levels.

Mission Oaks Top SBA Lender in Arizona

February 1, 2006. PHOENIX, AZ--(PRIMEZONE) -- Mission Oaks National Bank was named the top Small Business Administration (504) lender in Arizona by the Business Development Financing Corp.,...

Mission Oaks Shareholders Approve Bank Holding Company

TEMECULA, Calif., July 15, 2005 (PRIMEZONE) -- More than two-thirds of the shareholders of Mission Oaks National Bank (OTCBB:MKNB) have approved a proposal to create Mission Oaks Bancorp, a bank holding company.

Mission Oaks Bancorp Earns $2 Million; Assets Surpass $150 Million

TEMECULA, Calif., Jan. 20, 2006 (PRIMEZONE) -- Mission Oaks Bancorp (OTCBB:MOKB), which has offered personalized banking services to customers in Inland Southern California since 2000, reported record results in 2005 as assets surpassed the $150 million mark.

Mission Oaks National Bank Announces Second 2:1 Stock Split

TEMECULA, Calif., April 25, 2005 (PRIMEZONE) -- Mission Oaks National Bank (OTCBB:MKNB) will ask its shareholders to approve a two-for-one split of its common stock at the same time they vote on plans to create a bank holding company.

SBA Expands Mission Oaks Preferred Lending Status

TEMECULA, Calif., May 17, 2005 (PRIMEZONE) -- Mission Oaks National Bank announced that the U.S. Small Business Administration has expanded its Preferred Lending status to include San Francisco, Fresno and Sacramento district offices of the SBA.