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