Palm Desert National Bank

Status:Inactive as of 04/27/2012
 Absorption - Assisted
Successor Bank:Pacific Premier Bank
Headquarters:Palm Desert National Bank
73-745 El Paseo Drive
Palm Desert, CA 92260
Established:12/07/1981
FDIC Insurance:12/07/1981
FDIC Cert:#23632
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$129,253,000
Total Deposits:$129,023,000

History

1981-12-07Institution established: Original name:Palm Desert National Bank
2012-04-27Failed. Acquired with government financial assistance and subsequently operated as part of Pacific Premier Bank (32172)
2012-12-01Moved bank headquarters from PALM DESERT, CA to IRVINE, CA
2013-03-16Acquired First Associations Bank (58453) in DALLAS, TX
2013-06-26Acquired San Diego Trust Bank (57608) in SAN DIEGO, CA
2015-01-26Acquired Independence Bank (57688) in NEWPORT BEACH, CA
2016-02-01Acquired Security Bank of California (57964) in RIVERSIDE, CA
2017-04-01Acquired Heritage Oaks Bank (24229) in PASO ROBLES, CA
2017-11-01Acquired Plaza Bank (58100) in IRVINE, CA
2018-07-01Acquired Grandpoint Bank (58390) in LOS ANGELES, CA
2020-06-01Acquired Opus Bank (33806) in IRVINE, CA

Financial Information (2012-03-31 and Older)