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West Coast Bancorp: The Orange-based bank holding...

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West Coast Bancorp: The Orange-based bank holding company reported that its second-quarter net income more than doubled to $331,000 from $159,000 for the 1989 quarter. For the six-month period, net income increased 10% to $707,000 from $640,000. The company attributed the stronger earnings to increased net interest income and lower loan loss provisions. As of June 30, total assets were $466.4 million, a 3% gain from $452.2 million during the corresponding year-earlier period. West Coast’s subsidiaries are Sunwest Bank and Heritage Thrift & Loan in Orange County, and Sacramento First National Bank in Sacramento County.

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