Industry - Accounting latest news

LAFAYETTE, CA (MARKET WIRE) California Bank of Commerce (OTCBB: CABC), a unique commercial bank in the San Francisco Bay Area targeting middle market businesses and professionals, today announced financial results for the quarter end June 30, 2008, with strong growth in all key business lines. At the end of the second quarter, Total Assets were up by 29% over the end of the first quarter, 2008. Total Loans grew 64% and Total Deposits grew 44% over the same period.

MANHATTAN BEACH, CA (MARKET WIRE) Beach Business Bank (OTCBB: BBBC) (the "Bank") today reported that it has received notice from certain individual members of its board of directors and senior officers of the Bank of their intent to purchase Beach Business Bank common stock in the open market during the Bank's open window period, which will begin on the third trading day following the Bank's quarterly press release. That quarterly press release is expected no later than Tuesday, July 22, 2008. The window period will extend through the end of August 2008. Completed purchases, if any, will be reported by the Bank following

GREAT NECK, NY (MARKET WIRE) F&D reports (an Information Clearinghouse, Inc. Company) has been cited as the preferred "second source" in the ever-increasing credit reporting industry listed behind leader D&B, according to a Credit Today survey of users published in its June issue.