Independent National Bank

Status:Inactive as of 1986-10-09
 Absorption - Assisted
Successor Bank:Citizens Business Bank
Headquarters:Independent National Bank
973 East Badillo Street
Covina, CA 91723
Established:1983-09-30
FDIC Insurance:1983-09-30
FDIC Cert:#24727
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:1
Total Assets:$28,334,000
Total Deposits:$27,744,000

History

1983-09-30Institution established: Original name:Independent National Bank
1986-10-09Failed. Acquired with government financial assistance and subsequently operated as part of Chino Valley Bank (21716)
1987-05-15Acquired Huntington Bank (22896) in ARCADIA, CA
1993-03-08Moved bank headquarters from COVINA, CA to ONTARIO, CA
1993-03-08Acquired Fontana First National Bank (25740) in FONTANA, CA
1993-10-21Acquired Mid City Bank, National Association (24452) in BREA, CA as part of a government assisted transaction.
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.
1996-03-29Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1996-03-29Changed name to Citizens Business Bank (21716)
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.
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