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Santa Clara Valley Bank announced its 2012 first quarter results April 26.
SCV Bank, based in Santa Paula, reported a net profit of $181,000 for the first quarter of 2012, compared with a net profit of $131,000 for the first quarter of 2011.
The bank reported the improvement in earnings was largely due to the improvement in noninterest income and the reduction of non-interest expenses.
SCVBank continues to maintain a strong capital position with a Tier 1 Leverage Capital Ratio of 11.27 percent, up from 10.37 percent a year ago, the report said.
It also reported liquidity continues to be very strong as cash and investments total $56,753,000, or 43 percent, of total assets at quarter end.
None of the bank’s officers commented on the first quarter earnings.

