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CalWest Bancorp Announces Financial Results as of June 30, 2015

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IRVINE, Calif.--(BUSINESS WIRE)--CalWest Bancorp (OTCBB: CALW), the holding company for South County Bank N.A., today announced the consolidated financial results as of June 30,2015. Significant items for the periods ending include: Loans decreased 12.5% quarter-over-quarter due to a high level of refinancing activity and the scheduled pay-off of a large construction loan, resulting in the allowance for loan losses ratio increasing to 4.57% Non-performing loans increased by $229,000 quarter-ove

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