July 2020 Monthly Bulletin
Commercial Bank Activity
New Banks
Genesis Bank Proposed location: Street address to be determined, Newport Beach/Irvine Area, Orange County Correspondent: James Jones Carpenter & Company, 23 Corporate Plaza Drive, Suite 150 #D-11, Newport Beach, CA 92660 Filed: 6/17/20
Merger
CalWest Bank, Rancho Santa Margarita, to merge with and into Bank of Southern California, N.A., San Diego Effected: 6/1/20
Opus Bank, Irvine, to merge with and into Pacific Premier Bank, Irvine Effected: 6/1/20
Application for Trust Powers
Pacific Premier Bank 17901 Von Karman Avenue, Irvine Effected: 6/1/20
Acquisition of Control
Bing Yang, Alice Liu, Byron Yang, Lauren Yang, Out of the Shell, LLC, and the AB Yang Foundation, to acquire control of Mega Bank Filed: 6/23/20
Francis P. Kavanaugh, to acquire control of Friendly Hills Bank Approved: 6/15/20
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