California Oaks (Cal Oaks) State Bank has $123 million in total assets and is located in Ventura County with offices in Thousand Oaks and Simi Valley and a Loan Production Office located in Walnut Creek, Calif. Cal Oaks was founded in 1998 as a locally owned community business bank that serves the Conejo Valley and Simi Valley, in addition to communities within Eastern Ventura County and Western Los Angeles Counties. In late January 2009 the bank announced that it would receive $3.3 million form the Treasury Department under its Capital Purchase Program.
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Bailout Bank Bio: California Oaks State Bank
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Federal Equity Investment |
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Total Revenue |
$6.062 million (Interest Income) |
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Net Income |
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Number of Employees |
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Corporate Headquarters |
Thousand Oaks, California |
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Business Sector |
Bank |
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Officers and Directors |
John A. Nerland, President & CEO |
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Corporate Website |
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Executive Compensation |
Unable to locate. |
2007 California Oaks Annual Report
No other financial documents located.
No federal contracts located.
No lobbying documents located.
No political contributions located.
January 26, 2009 California Oaks State Bank Receives $3.3 Million in TARP Funding (Marketwire)
December 19, 2008 California Oaks State Bank Receives Preliminary Approval From U.S. Treasury's Capital Purchase Program (Yahoo Finance)
Last Updated February 3, 2009
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