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Saturday, April 27, 2013 – Daily News Local Calendar Submit calendar items to P Box 220, Red Bluff, 96080 .O. or clerk@redbluffdailynews.com. SATURDAY, APRIL 27 Red Bluff Frontier Village Farmers Market,8 a.m. to 1 p.m., 645 Antelope Blvd. EBT accepted Ishi Archery Club 42 3D target shoot, registration 7 a.m., shooting 9 a.m. at the range 2.5 miles east on Highway 36E from Antelope Blvd., 528-2375 Melee at Dog Island Civil War reenactment, noon and 3 p.m., Samuel Ayers Park Nor-Cal Antique and Vintage Tractor and Engine Club Spring Gas Up, 7:30 a.m. to 4 p.m., tractor pulls at 10 a.m. and 1 p.m. Ridgeway Park RedCross North Eastern California volunteer orientation meeting 4-6 p.m., 1015 Kimball Road Weight Watchers meeting, 8 a.m., 485 Antelope Blvd. #N, 1-800-651-6000 Corning Fourth Annual Vintage Trailer Rally, 10 a.m.-2 p.m., Woodson RV Park, 25433 South Ave., (916) 5393383 Los Molinos Senior Dance, 7 p.m., Senior Center, Josephine Street, 384-2100 Tehama Bank reports financial results Cornerstone Community Bank, (OTCBB: CRSB), announced Wednesday its financial results for the first quarter ended March 31. The Bank reported net income of $240,000 for the three months ended March 31, 2013 representing an increase of $21,000, or 10%, compared to net income of $219,000 for the same period last year. Diluted earnings per share for the three months ended March 31, 2013 were $0.19 compared to $0.17 for the same period last year. The return on average assets for the three months ended March 31, 2013 was 0.84% compared to 0.93% for the same period last year. The return on average equity was 8.02% for the three months ended March 31, 2013 compared to 8.49% for the same period last year. President and CEO, Jeffrey Finck stated, "We are off to a solid start in 2013 with over 20% growth in loans, deposits and income before income taxes." Net Interest Income Net interest income of $1,207,000 for the quarter ended March 31, 2013 represented an increase of $212,000, or 21%, from $995,000 for the same Red Bluff Corning Tehama MONDAY, APRIL 29 Red Bluff Al-Anon New Comers At Heart, 7-8 p.m., North Valley Baptist Church, 345 David Ave., 690-2034 The Collingsworth Family in concert, 6:30 p.m, Bethel Assembly of God, 625 Luther Road English as a Second Language class, 5:30-8:30 p.m., Red Bluff High School Adult Ed building, 1295 Red Bud, 736-3308, same time Tuesday and Wednesday and 9 a.m. to 12:20 p.m. Thursdays, free childcarefrom 9 a..m. to 12:20 p.m. classes in Richlieu Hall, 900 Johnson St. Head Injury Recreational Entity, 10 a.m., St. Elizabeth Community Hospital, Coyne Center, Rusty, 5292059 Key to Life, 6 p.m., Family Resource Center, 220 Sycamore St. Ste. 101, 528-8066 Masterworks Chorale rehearsal, 6:45 p.m. to 8 p.m., Red Bluff Presbyterian Church, 838 Jefferson St., 527-4203 PAL Martial Arts, age 5 - 18, 3-5 p.m., 529-7920, www.tehamaso.org Red Bluff Community Band Practice, 7-9 p.m., Presbyterian Church, Jefferson St., 527-3486 Red Bluff Senior Writing Class, 10: a.m.-noon, Executive Room at Sycamore Center, 220 Sycamore St., 527-5762 Salvation Army Writing Class, 9:30-11:30 a.m., 940 Walnut St., 527-8530 Sun Country Quilters Community Service Group, 9 a.m. to 3 p.m., Family Resource Center, 220 Sycamore St. Ste. 101, 528-1126 TeenScreen Mental Health Appointments, 10 a.m. to 2 p.m., free, by appointment, Youth Empowerment Services, 1900 Walnut St., 527-8491, Ext. 3012 TOPS Club (take off pounds Sensibly), 8:30 a.m., First Christian Church, 926 Madison Ave., 527-7541 or 347-6120, visit www.tops.org US citizenship preparation class, 5:30-8:30 p.m., Red Bluff High School Adult Ed building, 1295 Red Bud, 736-3308, same time Tuesday and Wednesday Venture Crew 1914 meeting, 6:30-8 p.m., Moose Lodge on 99W, co-ed ages 14-20 welcome WESTERN REAL ESTATE MINCH PROPERTY MANAGEMENT 760 Main St. • 530-527-5514 Commercial Properties For Sale: • 124 S. Jackson, 3.65 acres plus improvements ..............$199,500 • 840 Main St. (Former furniture store).....................................11,200 sq/ft • 1870 Montgomery (Industrial) ......................................................2 Acres • 13545 Saint Marys Ave. (Or lease).................................40,000 sq/ft quarter one year earlier. The net interest margin increased to 4.49% during the quarter ended March 31, 2013 compared to 4.44% during the same quarter last year. Provision for credit losses The provision for credit losses for the three months ended March 31, 2013 was $85,000. There was no provision for credit losses for the same period last year. Non-Interest Income The Bank's non-interest income for the quarter ended March 31, 2013 was $139,000 compared to $115,000 for the quarter ended March 31, 2012. Non-Interest Expense Non-interest expense was $1,021,000 for the quarter ended March 31, 2013 compared to $915,000 for the same period one year earlier. Balance Sheet The Bank had total assets at March 31, 2013 of $115.3 million, compared to $97.3 million at March 31, 2012, representing growth of $18.0 million, or 18%. Total loans outstanding at March 31, 2013, net of unearned income, were $80.5 million compared to $63.4 million at March 31, 2012, represent- ing an increase of $17.1 million, or 27%. Total deposits were $103.0 million at March 31, 2013 compared to total deposits of $85.4 million at March 31, 2012, representing an increase of $17.6 million, or 21%. Credit Quality The allowance for loan losses was $1,411,000, or 1.75% of loans, net of unearned income, at March 31, 2013, compared to $1,246,000, or 1.96% of loans, net of unearned income, at March 31, 2012. Nonperforming assets at March 31, 2013 were $175,000 compared to $182,000 at March 31, 2012. The bank recognized $135,000 in net loan charge-offs during the three months ended March 31, 2013. Capital Adequacy At March 31, 2013, shareholders' equity totaled $12.1 million compared to $10.4 million at March 31, 2012. At March 31, 2013, the total risk-based capital ratio, tier one capital ratio, and leverage ratio was 14.06%, 12.81% and 10.13%, respectively, all exceeding the regulatory standards for "well-capitalized" institutions of 10.00%, 6.00% and 5.00%, respectively. Forest Zone V to open for woodcutting Zone V in the Eagle Tehama County Museum, 1-4 p.m., 275 C St., Lake Ranger District of the group tours, call 384-2595 Lassen National Forest is scheduled to reopen for SUNDAY, APRIL 28 woodcutting on Friday, May 10, 2013. District Ranger Ann Carlson, who recently made Kelly-Griggs House Museum, 1-3 p.m., 311 Washington St., group tours by appointment, 527-1129 the announcement, cautions that some roads in the area Melee at Dog Island Civil War reenactment, 11 remain wet and care should a.m. and 2 p.m., Samuel Ayers Park be exercised. "We are concerned about Nor-Cal Antique and Vintage Tractor and Engine public safety and resource Club Spring Gas Up, 8 a.m. to noon, Ridgeway Park WHEE Picnic and Prayer Circle, 4:20 p.m., 22116 protection. While driving on Forest roads and gathering Riverside Ave. firewood, please use good judgment, as the potential remains to get stuck in soft, Evangelist services, 7 p.m., Family Bible Church, wet areas," said Carlson. Failure to follow this 609 Marin St., 824-9989 advice could lead to unnecTehama County Museum, 1-4 p.m., 275 C St., group tours, call 384-2595 3A Police reports The following information is compiled from Red Bluff Police Department, Tehama County Sheriff's Department, Corning Police Department and California Highway Patrol. Arrests • Cresencio Angel Corona Jr., 19, Corning was arrested at Kaufman and Houghton avenues for felony possession of a controlled substance, possession of a dirk or dagger and misdemeanor paraphernalia. Bail was $33,000. • Jose Chavez Magana, 34, Red Bluff was arrested on S. Main Street for five felony counts of failure to appear, two special allegation add-ons, possession of a controlled substance and misdemeanor failure to appear. Bail was $165,000. • Jose Luis Medina, 40, Hayward was arrested on northbound Interstate 5 near Sourgrass for felony possession of a controlled substance and misdemeanor driving on a suspended license. Bail was $18,000. • Juan Carlos Rubio Jr., 19, Corning was arrested on Kaufman Avenue for felony possession of a controlled substance and misdemeanor paraphernalia. Bail was $18,000. essary resource damage to roads and other Forest areas. Woodcutters are reminded to stay on roads and trails, as traveling crosscountry with motor vehicles to scout for wood is prohibited. Even with a valid wood permit, woodcutters are only allowed to leave a Forest road to gather firewood, as long as this activity does not result in damage to natural resources. In some instances, drivers could be held liable for such damage. See the Motor Vehicle Use Maps (MVUMs), available free at your local Forest office, for more information. Zone V is shown on the Threat Logs show a call was made to the Tehama County Sheriff's Department around 10 p.m. Thursday to report that several individuals had received threats from a family member all day. In addition the suspect had threatened to kill deputies from an incident the day before. An arrest was made around 12:17 a.m. and a baton and Tazer were deployed during the arrest. Powerless Someone reported a vehicle running off the road and hitting a power pole at 4:09 p.m. in the area of Route 99W and Fig Lane. A second caller on the incident reported he had snagged a wire with his mower, knocking out a transformer. The man said he was not injured, but had snagged a guide wire, causing the lines to arc and knock the power out. There was no damage to the line and PG&E was notified. Fuelwood Cutting Map, and woodcutters are urged to check the map to ensure that they are on National Forest land and are cutting in permissible areas. Zone V woodcutters are also required to call the 24-hour number, 530-257-4188, for current restrictions. No woodcutting is allowed in timber sale areas or other commercial operations marked with "No Woodcutting" signs. Trees marked with paint may not be cut or removed, including those on the ground, with the exception of downed lodgepole pine. The price of personal wood permits remains at $10 per cord, with a minimum purchase of two cords per permit. Multiple permits may be purchased, up to a 10 cord limit. Permits may be purchased at 477-050 Eagle Lake Road, near the intersection of Highway 36 and County Road A-1, three miles west of Susanville. Office hours are Monday through Friday, 8 a.m. to 4:30 p.m. Please call 530257-4188 with any questions. both vehicles were gone. Disturbance Someone reported a disturbance at a residence on Del Norte Avenue in Corning in which a man was yelling at a woman, threatening to batter her. The persons involved were contacted and told officers they had been in a verbal dispute over living conditions, but had resolved their issues and were moving on Friday. Theft A man in the area of Dollar Tree reported the theft of $143 in cash and a $475 money order. FRIDAY, MAY 3, 2013 7:00 PM $8 Adults/$5 Children 6-17 and Children 5 & under are FREE THEATRE — FOR THE ARTS — 333 Oak Street, Red Bluff, CA 530-529-ARTS www.statetheatreredbluff.com Crash A woman reported about 12:30 p.m. Thursday seeing a white flatbed truck with large tires swerve and hit a red truck parked in front of the Veterans Memorial Hall on Solano Street in Corning. When she went back to check, Thank You Soroptimist International of Red Bluff extends a heartfelt thank you to Event Sponsors, Regular Sponsors and Volunteers, with a special thank you to all who participated and helped with our 13th Annual Spring Run held on April 13, 2013 In addition to 10,000 copies in print: Digital, interactive online Edition, resident on www.redbluffdailynews.com. 80,000 visits per month. Visitors click through from ads directly to advertisers' websites. Commercial Properties For Lease: • 124 S. Jackson ..................................................................Office or Storage • 1005 Washington St. (Handicapped Accessible).......................1,900 sq/ft • 731-741 Main St. (Upstairs).............................................various size suites • 955 Main St. (Inside Bank of America building)..................2,995 sq/ft • 560 Diamond Avenue (Vacant Pad)..........................................8,000 sq/ft • 1040 Monroe Street (Commercial/Industrial)............................1,000 sq/ft • 650 Main Street ..............................................................................2650 sq/ft Spring-summer edition published May 25 Advertising deadline: Friday, May 3