Vineyard National Bancorp reports $91,435 September net loss

By Caroline Salls

Pittsburgh, Oct. 19 - Vineyard National Bancorp reported a $91,435 net loss for September on zero revenues, according to its monthly operating report filed with the Securities and Exchange Commission.

In comparison, the company posted a $246,999 net loss in August, also on zero revenues.

Vineyard had $1.95 million in cash at Sept. 30, up from $1.93 million at the end of August.

Vineyard National, the Corona, Calif., holding company for Vineyard Bank, filed for bankruptcy on July 21 in the U.S. Bankruptcy Court for the Central District of California. Its Chapter 11 case number is 09-26401.

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