Prime Bank

Status:Inactive as of 01/12/2001
 Merger - Without Assistance
Successor Bank:East West Bank
Headquarters:Prime Bank
1900 Avenue Of The Stars, #290
Los Angeles, CA 90067
Established:02/09/1998
FDIC Insurance:02/09/1998
FDIC Cert:#34587
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$128,442,000
Total Deposits:$118,963,000

History

1998-02-09Institution established: Original name:Prime Bank
2001-01-12Merged into and subsequently operated as part of East-West Bank (31628) in SAN MARINO, CA
2003-03-15Acquired Pacific Business Bank (25069) in SANTA FE SPRINGS, CA
2004-08-06Acquired Trust Bank (32080) in MONTEREY PARK, CA
2004-09-10Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2004-09-10Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2005-05-26Changed name to East West Bank (31628)
2005-09-07Acquired United National Bank (24526) in SAN MARINO, CA
2006-02-27Moved bank headquarters from SAN MARINO, CA to PASADENA, CA
2006-03-18Acquired Standard Bank (32111) in MONTEREY PARK, CA
2007-08-18Acquired Desert Community Bank (23066) in VICTORVILLE, CA
2009-11-06Acquired United Commercial Bank (32469) in SAN FRANCISCO, CA as part of a government assisted transaction.
2010-06-11Acquired Washington First International Bank (32955) in SEATTLE, WA as part of a government assisted transaction.
2014-01-18Acquired MetroBank, National Association (26937) in HOUSTON, TX
2014-01-18Acquired Metro United Bank (33401) in SAN DIEGO, CA

Financial Information (2000-12-31 and Older)