Pacific Thrift and Loan Company

Status:Inactive as of 11/19/1999
 Partial Purchase & Assumption - Assisted
Successor Bank:Affinity Bank
Headquarters:Pacific Thrift and Loan Company
21031 Ventura Boulevard
Woodland Hills, CA 91364
Established:12/19/1988
FDIC Insurance:12/19/1988
FDIC Cert:#27415
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$127,342,000
Total Deposits:$119,451,000

History

1988-12-19Institution established: Original name:Pacific Thrift and Loan Company
1999-11-19Failed. Acquired with government financial assistance and subsequently operated as part of Affinity Bank (27197)
2001-11-16Acquired Westcoast Savings and Loan Association (32424) in SEAL BEACH, CA
2004-10-14Changed organization type to COMMERCIAL BANK
2009-08-28Failed. Acquired with government financial assistance and subsequently operated as part of Pacific Western Bank (24045)
2010-08-20Acquired Los Padres Bank (32165) in SOLVANG, CA as part of a government assisted transaction.
2010-12-20Moved bank headquarters from WOODLAND HILLS, CA to LOS ANGELES, CA
2012-08-01Acquired American Perspective Bank (58614) in SAN LUIS OBISPO, CA
2013-06-01Acquired First California Bank (22819) in WESTLAKE VILLAGE, 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 (1998-12-31 and Older)