Stockmans Bank
Stockmans Bank saw profits decline in the first half of the year, falling 21 percent from earnings of $5.8 million at June 30, 2006 to $4.6 million at the same time this year.
Stockmans recently launched a new branch in North Natomas, which came with immediate expenses and hasn’t yet built up assets and deposits to be profitable. Like most Sacramento community banks, it is operating in an financial environment where there is fierce competition for both deposits and loans.Stockmans has offices in Elk Grove, Folsom, Rocklin, Galt and North Natomas.