1st Centennial Bank

Status:Inactive as of 01/23/2009
 Absorption - Assisted
Successor Bank:First California Bank
Headquarters:1st Centennial Bank
218 East State Street
Redlands, CA 92373
Established:08/01/1990
FDIC Insurance:08/01/1990
FDIC Cert:#33025
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$797,959,000
Total Deposits:$678,570,000

History

1990-08-01Institution established: Original name:Redlands Centennial Bank
2002-05-24Acquired Palomar Community Bank (32226) in ESCONDIDO, CA
2003-03-03Changed name to 1st Centennial Bank
2009-01-23Failed. Acquired with government financial assistance and subsequently operated as part of First California Bank (22819)
2010-11-05Acquired Western Commercial Bank (58087) in WOODLAND HILLS, CA as part of a government assisted transaction.
2011-02-18Acquired San Luis Trust Bank, FSB (34783) in SAN LUIS OBISPO, CA as part of a government assisted transaction.
2013-06-01Merged into and subsequently operated as part of Pacific Western Bank (24045) in LOS ANGELES, CA
2014-04-07Acquired CapitalSource Bank (58878) in LOS ANGELES, CA
2015-10-07Acquired Square 1 Bank (58021) in DURHAM, NC
2016-01-09Moved bank headquarters from LOS ANGELES, CA to BEVERLY HILLS, CA
2017-10-20Acquired California United Bank (57904) in LOS ANGELES, CA
2019-06-28Reorganized.

Financial Information (2008-12-31 and Older)