October 2021 Monthly Bulletin
Commercial Bank Activity
New Bank
Beach Cities Commercial Bank Proposed location: Street address to be determined in the vicinity of Technology Drive and Laguna Canyon Road, Irvine Correspondent: Richard E. Knecht 120 Newport Center Drive, Newport Beach, CA 92660 Phone: 949-292-9160 Filed: 9/27/21
Acquisition of Control
Pacific Valley Bancorp, to acquire control of Pacific Valley Bank Filed: 9/23/21
Merger
Suncrest Bank, Visalia, to merge with and into Citizens Business Bank, Ontario Filed: 9/02/21 Valley Republic Bank, Bakersfield, to merge with and into Tri Counties Bank, Chico Approved: 9/10/21
Purchase of Partial Business Unit
Friendly Hills Bank, to acquire the banking business of three branch offices of Bank of Southern California, N.A. Effected: 9/24/21 Royal Business Bank, to acquire the banking business of the Honolulu branch of Bank of the Orient Approved: 9/16/21
Sale of Partial Business Unit
Bank of the Orient, to sell the banking business of its Hawaii branch to Royal Business Bank Approved: 8/19/21