Hot Bank Stocks To Invest In 2015

Hot Bank Stocks To Invest In 2015: Calwest Bancorp (CALW)

CalWest Bancorp owns South County Bank, National Association. The Company is the holding company for South County Bank N.A. South County Bank operates in four divisions: business solutions, professional division, personal services and online banking. Business solutions are engaged in deposit services, cash management solutions and loan services. Professional division is engaged in physicians, dentists, veterinarians, attorneys and certified public accountants. Personal services include deposit services and loan services. Online banking includes personal login, cash management login, cash management demos and user resources.

Business solutions

Deposit services include analysis checking, unlimited checking, interest checking, money market savings, sweep accounts, zero balance accounting, payroll services and merchant card processing. Cash management services include eCorp online banking, remote deposit, electronic payments, positive pay, mobile ban king, cash vault and armored transport. Its loan services include business lines of credit, commercial term loans, commercial real estate loans, equipment loans, SBA financing, construction loans and accounts receivable financing.

Professional division

Veterinarians provide deposit services, cash management services and lending services. Attorneys and certified public accountants also include deposit services, cash management services and lending services

Personal services

Deposit services include online banking, checking, saving, money market, certified deposit and retirement accounts. Its loan services include overdraft protection, home equity lines and vehicle financing.

Advisors' Opinion:

• [By CRWE]

  Today, CALW remains (0.00%) +0.000 at $.370 thus far (ref. google finance 10:58AM EDT July 24, 2013).

  CalWest Bancorp previously reported the consolidated financial results for the six months ended June 30, 2013. Significant items for the period ending June 30, 2013 include:

  Quarterly net income of $50,000, compared to the previous quarter profit of $12,000;
  No additional loan loss provision required; resulting in the allowance for loan loss (ALL) ratio decreasing slightly from 6.20% to 5.95%;
  Total assets were flat at $144 million, with new business offsetting run-off;
  Non-performing loans reduced significantly in 2013 by 41% quarter-over-quarter; and are down $1.9 million from a year ago;
  Non-interest bearing deposits maintained at 35% of total deposits, helping reduce the Bank's cost-of-deposits to 0.40% from 0.48% a year ago;
  The increase in Net Interest Income offset the reduction in Non-Interest Income as increased focus is placed on core earnings;
  Non-interest expenses continue to improve, decreasing 2% quarter-over-quartee

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-bank-stocks-to-invest-in-2015-2.html