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…
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…
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…
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…
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…
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…
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…
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…
IRVINE, Calif. & LOS ANGELES – BUSINESSWIRE First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, and PBB Bancorp (OTCQX: PBCA) today announced the signing of a definitive merger agreement under which First Foundation will acquire PBB Bancorp. The transaction, which…