Sierra Vista Bank (SVBA) fits the profile of a bank seller. It is fighting the temptation — at least for now.
The Folsom, Calif., bank has assets of just $78 million and had reached a crossroads, but its leaders decided to seek more capital instead of packing it in, Chief Executive Gregory Patton says. "Our board considered everything. Should we sell? Should we look locally for a merger-of-equals partner?"