March 10, 2024
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Tri-county independent banks down to Final Four

By   /  Friday, April 28th, 2017  /  Banking & Finance, Banking Industry, East Ventura County, Latest news, West Ventura County  /  Comments Off on Tri-county independent banks down to Final Four

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Bank of the Sierra acquiring Ojai Community Bank

By   /  Tuesday, April 25th, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Bank of the Sierra acquiring Ojai Community Bank

Banking industry consolidation on the Central Coast picked up speed on April 25 with the parent company of Bank of the Sierra announcing plans to acquire OCB Bancorp and its four branches in Santa Barbara and Ventura counties. The $14 per share acquisition sent OCB Bancorp shares soaring more 50 percent and marks the latest Read More →

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Dubroff: Merger writes next chapter for Central Coast banking

By   /  Friday, December 16th, 2016  /  Banking & Finance, Banking Industry, Central Coast, Columns, Latest news  /  Comments Off on Dubroff: Merger writes next chapter for Central Coast banking

Henry Dubroff

The $405 million sale of Heritage Oaks Bancorp to Pacific Premier Bancorp caught many experts by surprise. It is a transformative deal for the Irvine-based buyer, which will grow from $3.8 billion to $6 billion in assets when it closes next year. Pacific Premier will extend its franchise, leapfrogging past Los Angeles and heading deep Read More →