Chino Commercial Bank announces $120K profit

Chino Commercial Bancorp, parent company of Chino Commercial Bank, earned about $120,000 in profit during the quarter ending Sept. 30.

That number compares with the $194,000 the company earned during the equivalent three-month period last year.

For the first nine months of this year, Chino Commercial Bancorp. reported a profit of about $273,000, which is about 9.6 percent greater than last year’s earnings.

The bank had $106.2 million in assets at the end of the quarter.

Bank president Dann H. Bowman<NO1> cq<NO> said in a statement that the bank’s customers appear to be benefitting from improved economic conditions. The bank only had a single delinquent loan at the close of the quarter, and the loan has been paid off since the end of the reporting period.

Business advocate to meet Chino Valley chamber

Lucy Dunn, CEO of the Orange County Business Council, is the scheduled speaker for Chino Valley Chamber of Commerce’s next “Build Your Business” networking breakfast.

The gathering is scheduled to take place from 7 to 8:30 a.m. Sept. 7 at Kalter Financial, 15302. Central Ave. in Chino. Admission will cost $3 for chamber members and $5 for others.
Dunn’s appearance is the first of the Chino Valley chamber’s 11-week series of Build Your Business breakfasts.

Information: 909-627-6177

Chino Valley business group to talk marketing

Business owners are invited to discuss their ideas on marketing at Chino Valley Business in the Know’s Thursday meet-up.

Chino Valley Business in the Know is a networking group whose organizers aim to structure meetings like roundtable discussions instead of meet-and-greets with a single speaker.

The group’s next meeting is scheduled to begin at 11 a.m. Thursday at Cannataro’s, 12345 Mountain Ave., Chino.

Information: 909-636-1905 or chinovalleybiz@gmail.com.

Chino industrial building sold in $3.9 million deal

Real estate firm Colliers International announced the sale of a 78,021 industrial building to Shield Packaging,  an aerosol can manufacturer with operations in Chino and Dudley, Mass.

The building is at 5740 Schaefer Ave. in Chino and sold in a deal worth $3.9 million, Colliers reported.

Brad Yates and Richard Scwartz of Colliers International represented Shield Packaging in the deal. Larry Null and Douglas Earnhart of Lee & Associates represented the seller, MRC Properties LLC.