Palomar Community Bank
Status: | Inactive as of 05/24/2002 |
Merger - Without Assistance | |
Successor Bank: | 1st Centennial Bank |
Headquarters: | Palomar Community Bank 355 West Grand Avenue Escondido, CA 92025 |
Established: | 06/19/1984 |
FDIC Insurance: | 06/19/1984 |
FDIC Cert: | #32226 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $90,899,000 |
Total Deposits: | $70,469,000 |
History
1984-06-19 | Institution established: Original name:North County Savings and Loan Association | |
1986-03-31 | Changed name to Palomar Savings and Loan Association | |
1999-11-04 | Changed organization type to COMMERCIAL BANK | |
1999-11-04 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION | |
1999-11-04 | Changed name to Palomar Community Bank | |
2002-05-24 | Merged into and subsequently operated as part of Redlands Centennial Bank (33025) in REDLANDS, CA | |
2003-03-03 | Changed name to 1st Centennial Bank (33025) | |
2009-01-23 | Failed. Acquired with government financial assistance and subsequently operated as part of First California Bank (22819) | |
2010-11-05 | Acquired Western Commercial Bank (58087) in WOODLAND HILLS, CA as part of a government assisted transaction. | |
2011-02-18 | Acquired San Luis Trust Bank, FSB (34783) in SAN LUIS OBISPO, CA as part of a government assisted transaction. | |
2013-06-01 | Merged into and subsequently operated as part of Pacific Western Bank (24045) in LOS ANGELES, CA | |
2014-04-07 | Acquired CapitalSource Bank (58878) in LOS ANGELES, CA | |
2015-10-07 | Acquired Square 1 Bank (58021) in DURHAM, NC | |
2016-01-09 | Moved bank headquarters from LOS ANGELES, CA to BEVERLY HILLS, CA | |
2017-10-20 | Acquired California United Bank (57904) in LOS ANGELES, CA | |
2019-06-28 | Reorganized. |