The Wilshire Bank

Status:Inactive as of 05/31/1990
 Absorption - Assisted
Successor Bank:Mid City Bank
Headquarters:The Wilshire Bank
4155 Wilshire Boulevard
Los Angeles, CA 90060
Established:07/16/1981
FDIC Insurance:07/16/1981
FDIC Cert:#23499
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$24,752,000
Total Deposits:$23,915,000

History

1981-07-16Institution established: Original name:The Wilshire Bank, National Association
1986-02-20Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1986-07-22Change trust powers from LIMITED TRUST POWERS GRANTED to FULL TRUST POWERS GRANTED
1987-12-31Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1990-05-31Failed. Acquired with government financial assistance and subsequently operated as part of Mid City Bank, National Association (24452)
1991-10-18Acquired Mission Valley Bank, National Association (24565) in SAN CLEMENTE, CA
1992-10-21Moved bank headquarters from LOS ANGELES, CA to BREA, CA
1993-10-21Failed. Acquired with government financial assistance and subsequently operated as part of Chino Valley Bank (21716)
1994-06-24Acquired Western Industrial National Bank (24605) in SOUTH EL MONTE, CA
1994-07-08Acquired Pioneer Bank (23448) in FULLERTON, CA as part of a government assisted transaction.
1996-03-29Changed name to Citizens Business Bank (21716)
1996-03-29Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED
1996-03-29Acquired Citizens Commercial Trust and Savings Bank of Pasadena (1229) in PASADENA, CA
1999-10-04Acquired Orange National Bank (22980) in ORANGE, CA
2002-06-28Acquired Western Security Bank, National Association (25058) in BURBANK, CA
2003-09-19Acquired Kaweah National Bank (33341) in VISALIA, CA
2005-02-26Acquired Granite State Bank (25144) in MONROVIA, CA
2006-03-17Reorganized.
2007-06-23Acquired First Coastal Bank, National Association (25832) in MANHATTAN BEACH, CA
2009-10-16Acquired San Joaquin Bank (23266) in BAKERSFIELD, CA as part of a government assisted transaction.
2011-03-30Moved bank headquarters from BREA, CA to ONTARIO, CA
2014-05-15Acquired American Security Bank (33121) in NEWPORT BEACH, CA
2016-03-01Acquired County Commerce Bank (57423) in VENTURA, CA
2017-03-10Acquired Valley Business Bank (34156) in VISALIA, CA
2018-08-10Acquired Community Bank (24315) in PASADENA, CA