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Sacramento banks outpaced the nation in 2018

Mark Anderson
Sacramento banks outpaced the nation in 2018

Community banks that serve the Sacramento market saw double-digit growth in loans and assets last year, and earnings growth that outpaced banks nationwide. Community bank performance is based largely on the health of the communities they serve, so local banks' successes show Sacramento was booming last year. “We are working like crazy to make loans,” said Virginia Varela, CEO of Sacramento-based Golden Pacific Bank.