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

West Coast Bancorp: The Orange-based bank-holding company reported a net loss of $1.2 million for 1990, contrasted with net income of $2 million for 1989. In the fourth quarter, the company lost $1 million contrasted with net income of $633,000 for the corresponding 1989 quarter. Total assets declined 2% to $470.3 million from $478.5 million. John B. Joseph, chairman and chief executive, said the loss resulted from a substantial increase in the provision for loan losses due to the slowdown in the economy.