West Coast Bancorp

The Tustin bank holding company posted fourth-quarter net income of $313,000, or 3 cents a share, an increase of 8% from the $290,000, or 3 cents a share, reported for the 1999 fourth quarter. Net income for the year declined 18% to $1.4 million, or 15 cents a share, from $1.7 million, or 18 cents a share, for 1999. Total assets rose 5% to $196.3 million.

The company also said it is considering merging into its Sunwest subsidiary in a move to reduce expenses and simplify the combined companies’ ownership structure.