Banc of California Acquires Pacific Mercantile Bancorp

BayCom Corp Acquires Pacific Enterprise Bancorp

February 1, 2022

Financial Services

BayCom Corp (NASDAQ: BCML) completed its acquisition of Pacific Enterprise Bancorp, merging Pacific Enterprise Bank into United Business Bank effective February 1, 2022. Under the terms, Pacific Enterprise Bancorp shareholders received 1.0292 shares of BayCom common stock per PEB share; the deal expands BayCom's presence in Orange County and strengthens its SBA and government-guaranteed lending capabilities.

Columbia Banking System Acquires Pacific Premier Bancorp

September 2, 2025

Financial Services

Columbia Banking System completed its previously announced acquisition of Pacific Premier Bancorp, bringing Pacific Premier into the Columbia Bank family and rebranding the combined operations under the Columbia name. The deal significantly expands Columbia's presence across Southern California and the broader western U.S., increasing Columbia's assets to approximately $70 billion and creating a combined network of more than 350 locations.

Banc of California and PacWest Bancorp to Combine in All-Stock Merger with $400M Investment from Warburg Pincus and Centerbridge

July 25, 2023

Financial Services

Banc of California and PacWest Bancorp have signed a definitive agreement to combine in an all‑stock merger under which PacWest will merge into Banc of California. Concurrent with closing, affiliates of Warburg Pincus and Centerbridge will invest $400 million of newly issued equity to support balance‑sheet repositioning and scale the combined California-focused business bank.

PCB Financial Acquires Northern California Bancorp and Monterey County Bank

September 5, 2024

Financial Services

PCB Financial, Inc. has completed a merger to acquire Northern California Bancorp, Inc. and its wholly owned subsidiary Monterey County Bank; the bank will become a privately held subsidiary of PCB. The transaction is intended to infuse capital and expand lending and treasury products to better serve local small and medium-sized businesses in Monterey County.

CBC Bancorp Acquires Bay Community Bancorp

May 20, 2024

Financial Services

CBC Bancorp, the holding company for Commercial Bank of California, has completed its acquisition of Bay Community Bancorp, the parent of Community Bank of the Bay, creating a combined franchise with approximately $3.5 billion in assets. The transaction, an all-cash deal at $14.00 per share that transitions CBB to a privately held division of CBC, expands CBC's footprint in Northern California and increases scale for enhanced product offerings and community-focused lending.

Southern California Bancorp Acquires Bank of Santa Clarita

October 1, 2021

Financial Services

Southern California Bancorp completed the previously announced merger with Bank of Santa Clarita, combining the community bank into its wholly owned subsidiary Bank of Southern California, N.A. The deal expands Southern California Bancorp's commercial banking footprint into the Santa Clarita Valley and creates a combined bank with approximately $2.2 billion in pro forma assets.