Los Padres Bank
Status: | Inactive as of 08/20/2010 |
Absorption - Assisted | |
Successor Bank: | Banc of California |
Headquarters: | Los Padres Bank 610 Alamo Pintado Road Solvang, CA 93463 |
Established: | 01/01/1982 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #32165 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $866,459,000 |
Total Deposits: | $770,899,000 |
History
1982-01-01 | Institution established: Original name:Santa Ynez Valley Savings and Loan Association | |
1987-02-28 | Changed name to Los Padres Savings Bank | |
1993-05-11 | Changed name to Los Padres Savings Bank, FSB | |
1993-05-11 | Changed organization type to STOCK SAVINGS BANK | |
1997-05-31 | Acquired US Community Savings Bank (32262) in ENCINITAS, CA | |
1998-03-31 | Changed name to LOS PADRES BANK | |
2010-08-20 | Failed. Acquired with government financial assistance and subsequently operated as part of Pacific Western Bank (24045) | |
2010-12-20 | Moved bank headquarters from SOLVANG, 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. |