First California Savings, FSA

Status:Inactive as of 09/22/1989
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:First American Bank
Headquarters:First California Savings, FSA
625 The City Drive South, Suite 450
, 92668
Established:10/15/1987
FDIC Insurance:10/15/1987
FDIC Cert:#32560
Charter Class:
Total Assets:$135,935,000
Total Deposits:$202,540,000

History

1987-10-15Institution established: Original name:First California Savings, FSA
1987-10-31Acquired (31605)
1989-04-06Placed into government conservatorship.
1989-09-22Acquired after government financial assistance and subsequently operated as part of First American Bank (24308)
1989-09-22Government conservatorship or bridge bank resolved.
1992-06-30Moved bank headquarters from ORANGE, CA to ROSEMEAD, CA
2005-08-12Merged into and subsequently operated as part of Pacific Western National Bank (24045) in SANTA MONICA, CA
2005-10-07Acquired Pacific Liberty Bank (34817) in HUNTINGTON BEACH, CA
2006-01-04Acquired Cedars Bank (27069) in LOS ANGELES, CA
2006-05-10Acquired Foothill Independent Bank (21104) in GLENDORA, CA
2006-09-13Changed name to Pacific Western Bank (24045)
2006-09-13Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
2006-09-13Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2006-10-26Acquired Community National Bank (26426) in ESCONDIDO, CA
2006-10-26Moved bank headquarters from SANTA MONICA, CA to SAN DIEGO, CA
2006-10-26Acquired First National Bank (23743) in RANCHO SANTA FE, CA
2008-11-07Acquired Security Pacific Bank (23595) in LOS ANGELES, CA as part of a government assisted transaction.
2009-08-28Acquired Affinity Bank (27197) in VENTURA, CA as part of a government assisted transaction.
2010-08-20Acquired Los Padres Bank (32165) in SOLVANG, CA as part of a government assisted transaction.
2010-12-20Moved bank headquarters from SAN DIEGO, CA to LOS ANGELES, CA
2012-08-01Acquired American Perspective Bank (58614) in SAN LUIS OBISPO, CA
2013-06-01Acquired First California Bank (22819) in WESTLAKE VILLAGE, 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.