OC Banks’ Asset Growth Slows

Report 10% Climb, 28% Jump in Profits

Orange County-based commercial banks’ asset growth slowed to 10% to $37.8 billion for the 12 months ended June 30.

Firms’ Expansion Slackens

Rate of Asset, Member, Worker Growth Slows

Orange County’s credit unions reported slowing growth in assets, members and employment, based on the Business Journal’s annual list.

OC Banks on Revenue Tear

Pacific Premier, First Foundation Lead Sales

While tech companies often get the glory for rapid growth, six Orange County-based banks are among the leaders on the Business Journal’s list of publicly traded companies with the fastest-growing revenue over a two-year period ended June 30.

Chipotle, Habit Push Through Headwinds

Revenue Up 15%, 42%, Respectively

Call it a double take. At first glance, it’s not surprising to see Newport Beach-based Chipotle Mexican Grill Inc. and Irvine-based Habit Restaurants Inc. among Orange County’s fastest-growing public companies (see special report, page 19, lists starting on page 25).

Regulatory Filings Reveal Hidden Legal Stories

Publicly traded corporations are often involved in lawsuits that stay under the radar, yet involve large amounts of money, not to mention the time of well-compensated executives.

Editor’s Note: Civic 50 Cos. Set OC Community Stewardship Standard

For the second year, the Business Journal in partnership with OneOC presents the Civic 50 Orange County, recognizing the 50 most community-minded small, medium and large companies here. The honorees provide a local standard for corporate social citizenship and a roadmap for turning good intentions into sound business practices.

50 Honorees, 8 Awards on 2nd Civic 50 OC

Giving Works in Many Ways—Witness These

Young Carson Kropfl recently spoke at my Chapman University journalism class. You may know Carson; when the San Clemente resident was 11, he created and later patented a nonfolding skateboard that fits into a school locker and snugly into a backpack—a good enough market and message that Richard Branson had to outbid Mark Cuban on “Shark Tank” to buy 20% of Carson’s company, Locker Board.

BofA’s Outreach Based on Connection

Encourages Employees To Take the Lead on Projects

Bank of America’s Orange County community outreach efforts are so vast that it’s hard to encapsulate them in a concise way. You’ll find it simultaneously delivering financial education to military veterans while also committing billions to help accelerate the transition to a low-carbon economy and making sure people with disabilities have access to advocacy, employment and support.

Employee Purpose at PIMCO: Give, Act, Advocate

Efforts Help Many Causes Achieve Max Optimization

In 2014, the Boys & Girls Club of Central Orange Coast created pilot program College Bound to introduce club members to the idea of attending college. Many came from families whose idea of a college education was a dream rather than a given. They were smart, though, hard-working and capable. With the right support, including one-on-one case management, there might be no stopping them.

Firm Demonstrates Its Values Through Action

KPMG Programs Seek To Boost Youth, Their Places

Poet Maya Angelou wrote that, “When people show you who they are, believe them.” What better way to show the world who you are than through action?

EY Employees Use Skills to Build Better World

Firm Treats Recipients Of Its Aid Like Clients

Helping solve the world’s complex challenges is at the heart of Ernst & Young LLP’s approach to corporate responsibility.

Law Firm Leverages Experience for Those in Need

Philanthropic Work Goes Beyond Just Pro-Bono

O’Melveny & Myers LLP might seem at first blush like a law firm a Netflix show could be centered on, with plotlines of interoffice dealings and palace intrigue. It’s in one of the best spots in Orange County—a Newport Beach tower next to the Fashion Island mall granting views of the ocean—and is filled with dynamic people whose energy is palpable the minute a visitor arrives.

Clearinghouse Operates Business of Doing Good

B Corp Lender Must Give Back to Maintain Its Cert.

In essay “In the ‘People Business’: A Call for Interdependence” Clearinghouse CDFI President and Chief Executive Doug Bystry wrote as his final point, “What we build in our minds is just as important as what we build with our hands.”

Good Citizens, Good Co. Make Great Community

Founding Father Set Giving-Back Philosophy

One of the commonalities among companies with a philanthropic perspective seems to be that they place employee well-being at the top of their priorities, particularly their purpose and fulfillment. Fluidmaster Inc. says it’s embraced that idea since its 1957 inception.

College Admissions Counselor Reaches for More

Post-Buy, Looks Overseas; Invests in M. Obama Cause

Collegewise is reaching higher one year after being acquired by Singapore-based A-Star Education Holdings, formerly ChangedEDU Holdings, for an undisclosed sum.