First Community Bank of the Desert

Details First Community Bank of the Desert First Community Bank of the Desert

California

Riverside

Indian Wells

(SM) Commercial bank, state charter & Fed member

inactive

23232

1980

FDIC Certificate Number: 23232
FDIC's unique number: 16280
The FDIC Field Office where an institution is physically located: Orange

Federal Reserve ID Number: 97260
Report Date: 2001-12-31

Bank Charter Class: SM
The date of the last data update: 2002-03-15

1980-10-30 Institution established. Original name: Bank Of Yucca Valley.
1989-08-04 Changed name to First Community Bank Of The Desert .
1999-08-03 Moved bank headquarters from Yucca Valley, California to Indian Wells, California.
1999-11-15 Changed primary regulatory agency from Federal Deposit Insurance Corporation to Federal Reserve Board.
2002-01-23 Merged into and subsequently operated as part of Pacific Western National Bank in Santa Monica, California.
2002-08-22 Acquired Upland Bank in Upland, California.
2002-08-23 Acquired Marathon National Bank in Los Angeles, California.
2003-08-22 Acquired Verdugo Banking Company in Glendale, California.
2004-04-16 Acquired Harbor National Bank in Newport Beach, California.
2005-08-12 Acquired First American Bank in Rosemead, California.
2005-10-07 Acquired Pacific Liberty Bank in Huntington Beach, California.
2006-01-04 Acquired Cedars Bank in Los Angeles, California.
2006-05-09 Acquired Foothill Independent Bank in Glendora, California.
2006-09-13 Changed name to Pacific Western Bank .
2006-09-13 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.
2006-09-13 Changed primary regulatory agency from Comptroller Of The Currency to Federal Deposit Insurance Corporation.
2006-10-26 Moved bank headquarters from Santa Monica, California to San Diego, California.
2006-10-26 Acquired First National Bank in Rancho Santa Fe, California.
2006-10-26 Acquired Community National Bank in Escondido, California.
2008-11-07 Acquired Security Pacific Bank in Los Angeles, California as part of a government assisted transaction.
2009-08-28 Acquired Affinity Bank in Ventura, California as part of a government assisted transaction.
2010-08-20 Acquired Los Padres Bank in Solvang, California as part of a government assisted transaction.
2010-12-20 Moved bank headquarters from San Diego, California to Los Angeles, California.

Total assets: $147,073,000
Total deposits: $133,824,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-24770