Bank of Santa Clarita Reports First Two Months of Operation

Bank of Santa Clarita, which opened about two months ago, today reported that its assets have reached over $22.2 million as of Dec. 31 and deposit growth is averaging over $4.6 million per month. Deposits have climbed to $9.3 million in the first two months of operation. For the two month period ended Dec. 31, Bank of Santa Clarita reported a net loss of $796,522 or $0.58 per diluted share.