FCB Bancorp, the holding company for First California Bank, said today that net income for the fourth quarter ended Dec. 31 was $1.45 million or $0.44 per diluted share, compared to $1.26 million or $0.38 per diluted share in the fourth quarter of 2005. For the year, Camarillo-based FCB reported net income of $4.8 million or $1.47 per diluted share, compared to $3.2 million or $1.30 per diluted share. “Despite the challenges provided by the interest rate environment, FCB Bancorp was able to deliver another record year of earnings,” said C.G. Kum, bank president and CEO, in a statement released Thursday. “Even though our loan and deposit growth for 2006 were relatively modest, our focus on expense management and the benefits associated with the successful integration of our acquisition in 2005 have enabled us to generate record earnings and double digit accretion in EPS to our shareholders.”
