Western Commercial Bank

Status:Inactive as of 11/05/2010
 Absorption - Assisted
Successor Bank:First California Bank
Headquarters:Western Commercial Bank
21550 Oxnard Street, Suite 100
Woodland Hills, CA 91367
Established:02/06/2006
FDIC Insurance:02/06/2006
FDIC Cert:#58087
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$98,635,000
Total Deposits:$101,127,000

History

2006-02-06Institution established: Original name:Western Commercial Bank
2010-11-05Failed. Acquired with government financial assistance and subsequently operated as part of First California Bank (22819)
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 (2010-09-30 and Older)