Cedars Bank
Status: | Inactive as of 01/04/2006 |
Merger - Without Assistance | |
Successor Bank: | Banc of California |
Headquarters: | Cedars Bank 444 South Flower Street Los Angeles, CA 90071 |
Established: | 10/05/1987 |
FDIC Insurance: | 10/05/1987 |
FDIC Cert: | #27069 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $438,173,000 |
Total Deposits: | $366,665,000 |
History
1987-10-05 | Institution established: Original name:Bank Audi (California) | |
1995-07-06 | Changed name to Cedars Bank | |
2006-01-04 | Merged into and subsequently operated as part of Pacific Western National Bank (24045) in SANTA MONICA, CA | |
2006-05-10 | Acquired Foothill Independent Bank (21104) in GLENDORA, CA | |
2006-09-13 | Changed name to Pacific Western Bank (24045) | |
2006-09-13 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2006-10-26 | Acquired First National Bank (23743) in RANCHO SANTA FE, CA | |
2006-10-26 | Acquired Community National Bank (26426) in ESCONDIDO, CA | |
2006-10-26 | Moved bank headquarters from SANTA MONICA, CA to SAN DIEGO, CA | |
2008-11-07 | Acquired Security Pacific Bank (23595) in LOS ANGELES, CA as part of a government assisted transaction. | |
2009-08-28 | Acquired Affinity Bank (27197) in VENTURA, CA as part of a government assisted transaction. | |
2010-08-20 | Acquired Los Padres Bank (32165) in SOLVANG, CA as part of a government assisted transaction. | |
2010-12-20 | Moved bank headquarters from SAN DIEGO, CA to LOS ANGELES, CA | |
2012-08-01 | Acquired American Perspective Bank (58614) in SAN LUIS OBISPO, CA | |
2013-06-01 | Acquired First California Bank (22819) in WESTLAKE VILLAGE, 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. |