University of Redlands to host digital ethics lecture

The Banta Center for Business Ethics and Society plans to host lecturer Chris MacDonald for a discussion on the ethics of digital media.

MacDonald is a Duke University fellow and lecturer ar Saint Mary’s University in Halifax. His scheduled talk is titled “Responsibilities in the Blogosphere.”

The event is scheduled to begin with a buffet dinner at 5:30 p.m. Feb. 21 in the Casa Loma Room at University of Redlands.

Admission will cost $10 for university students and employees or $15 for the public.
Reservations are requested by Feb. 15. Reservations may be made online at www.redlands.edu/bantacenterevents.

Community Bank reports $25.2 million profit

Community Bank, a business bank with 15 branches in San Bernardino, Los Angeles, Riverside and Orange counties, reported a $25.2 million profit for the year ending Dec. 31.

The bank’s profit compares with a $20.7 million profit earned in 2010.

The bank also reported a decrease in its reserve for loan losses. At the end of last year, the bank reported a $37.5 million, or 2.12 percent, of its total loans as being reserved for potential losses. That number is down from $39.7 million, or 2.25 percent of outstanding loans, at the end of 2010.

Community Bank has $2.6 billion in reported assets. The bank’s branches include locations in Ontario, Fontana and Redlands. Community Bank’s main office is in Pasadena.

University of Redlands to offer joint engineering program with Columbia University

University of Redlands announced a new engineering program that will enable students to earn a bachelor’s degree at Redlands while also obtaining a bachelor’s of science degree in engineering from Columbia University.

The program will require students to spend the first three years of undergraduate study at University of Redlands. Students would be able to apply to Columbia University’s School of Engineering and Applied Science during their junior year.

Students who are accepted at Columbia would then spend two additional years studying engineering at that school’s campus in New York City.

Information: http://www.redlands.edu/engineering3-2.

Security Bank of California announces executive hire

Security Bank of California announced Thursday that former UC Riverside athletic director Stan Morrison has joined the bank as senior vice president and sales development director.

Security Bank of California has branches in San Bernardino and Redlands. The company’s headquarters are in Riverside.

Morrison also serves as president of Olive Crest’s board of trustees. Olive Crest is a charity that provides foster homes and other assistance for abused and neglected children. His charitable activities also include Inland Empire Boy Scouts of America, Mary S. Roberts Pet Adoption Center and Father of the Year Committee for the American Diabetes Association.

Redlands business incubator seeks applications from startups

LaunchPad301, a private
Redlands business incubator seeking to finance the creation of new
technology firms, is looking for applications.

LaunchPad301 offers seed funding, mentoring and access to
investors and suppliers in exchange for a 6 percent to 9 percent equity
position in selected startups.

Applicants can go online for more information and to apply.

Redlands tech company reaches agreement with IBM

ESRI, a Redlands-based developer of mapping software, announced a deal to integrate its technology with IBM products.

The agreement will allow ESRI’s ArcGIS geographic information software to be integrated with IBM’s Netezza data storage products. Integrating the products will allow the companies’ customers to geospatially analyze large amounts of data at high rates of speed, ESRI reported.

The ESRI-IBM product is scheduled to be released in early 2012.