Western Security Bank

Status:Inactive as of 06/28/2002
 Merger - Without Assistance
Successor Bank:Citizens Business Bank
Headquarters:Western Security Bank
4100 West Alameda Avenue
Burbank, CA 91505
Established:03/05/1984
FDIC Insurance:03/05/1984
FDIC Cert:#25058
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$156,447,000
Total Deposits:$137,167,000

History

1984-03-05Institution established: Original name:Western Security Bank, National Association
1987-08-10Reorganized.
2002-06-28Merged into and subsequently operated as part of Citizens Business Bank (21716) in ONTARIO, 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

Financial Information (2001-12-31 and Older)