Pioneer Bank

Status:Inactive as of 1994-07-08
 Absorption - Assisted
Corrections
Successor Bank:Citizens Business Bank
Headquarters:Pioneer Bank
110 East Wilshire Avenue
Fullerton, CA 92832
Established:1981-05-14
FDIC Insurance:1981-05-14
FDIC Cert:#23448
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:3
Total Assets:$133,250,000
Total Deposits:$128,382,000

History

1981-05-14Institution established: Original name:Pioneer National Bank
1983-12-31Changed name to Pioneer Bank
1994-07-08Failed. Acquired with government financial assistance and subsequently operated as part of Chino Valley Bank (21716)
1996-03-29Changed name to Citizens Business Bank (21716)
1996-03-29Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
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.
2011-03-30Moved bank headquarters from FULLERTON, CA to ONTARIO, CA
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

Financial Information (1993-12-31 and Older)