PASADENA, Calif.--(BUSINESS WIRE)--Community Bank, founded in 1945, is an independent Southern California regional community bank, with assets of $3.4 billion and is headquartered in Pasadena with 16 business centers. Highlights of the second quarter are as follows: The second quarter of 2015 reflects a $3.8 million reduction in net income in relation to a balance sheet restructuring strategy in which the Bank paid off $153 million in FHLB advances with an average rate of 3.65% in combination w
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