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SAN DIEGO, May. 2020 – BUSINESS WIRE Southern California Bancorp (OTC Pink: BCAL) (the “Company”), the holding company for Bank of Southern California, today announced that it has completed a private placement of $18 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain qualified institutional accredited investors. The Company intends to use…

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SAN DIEGO, December. 16, 2019 – SEND2PRESS NEWSWIRE Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual…

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OAKLAND, October. 16, 2018 – GLOBE NEWSWIRE Community Bank of the Bay (OTCBB:CBYAA), a San Francisco Bay Area commercial bank with full service offices in Oakland, Danville and San Mateo, announces the completion of an $11.5 million private placement to institutional investors of its common stock at $7.50 per share. The Bank expects to use…

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SAN DIEGO, Feb. 22, 2018 – PRNEWSWIRE Bank of Southern California, N.A., San Diego, CA (OTC Pink: BCAL), and Americas United Bank, Glendale, CA (OTC Pink: AUNB), today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby Americas United Bank will merge with and into Bank of Southern California. The…

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SAN JOSE, Calif., April 09, 2018 – GLOBENEWSWIRE Heritage Commerce Corp (NASDAQ:HTBK) (“Heritage”) today announced that today it completed its previously announced merger of its wholly-owned bank subsidiary Heritage Bank of Commerce with Tri-Valley Bank (“Tri-Valley”) effective as of the close of business on April 6, 2018. The merger, which was first announced on December…

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SAN DIEGO, Apr. 02, 2018 – PRNEWSWIRE Bank of Southern California, N.A. (OTC Pink: BCAL) announced today the completion of a capital raise of approximately $26 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $14.75 per share. A portion of the capital…

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EL CENTRO, Calif. – BUSINESSWIRE Community Valley Bank (“CVB”), a wholly owned subsidiary bank of CMUV Bancorp (OTC Pink: CMUV) (the “Company”), today announced the signing of a purchase and assumption agreement to acquire a branch location from Roseburg, Oregon based Umpqua Bank (“Umpqua”). The branch location in Borrego Springs, CA with approximately $35 million…

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ALBANY, Ore., Feb. 14, 2018 – PRNEWSWIRE Willamette Community Bank (OTC PINK: WMCB), a commercial bank headquartered in Albany, OR, today announced the completion of a private placement of $7.2 million of its common stock, positioning the Bank to continue to grow its Oregon franchise. In the offering, the Bank issued shares of its common…

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LOS ANGELES – BUSINESSWIRE Nano Financial Holdings, Inc. (“Nano” or the “Company”) and Commerce Bank of Temecula Valley (“CKTM”) today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby Nano will acquire all the outstanding shares of CKTM. Under the terms of the agreement, CKTM shareholders will have the right…

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