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

Banc of California to Acquire Pacific Mercantile Bancorp

March 22, 2021

Financial Services

Banc of California, Inc. agreed to acquire Pacific Mercantile Bancorp in an all-stock merger valued at approximately $235 million. Pacific Mercantile’s shareholders are expected to receive 0.5 shares of Banc of California common stock per share, with the deal slated to close in the third quarter of 2021 subject to regulatory and shareholder approvals.

Columbia Banking System to Acquire Pacific Premier Bancorp

September 2, 2025

Financial Services

Columbia Banking System, Inc. (Columbia) entered into a definitive all-stock merger agreement to acquire Pacific Premier Bancorp, Inc. Columbia will receive Pacific Premier in a stock-for-stock exchange (0.9150 Columbia shares for each Pacific Premier share). The transaction received required regulatory approvals and was later reported as closed as of August 31, 2025.

Community West Bancshares to Acquire United Security Bancshares in All-Stock Merger

December 17, 2025

Financial Services

Community West Bancshares (parent of Community West Bank) and United Security Bancshares (parent of United Security Bank) signed a definitive all-stock merger agreement to combine in a transaction valued at approximately $191.9 million. The deal is expected to close in the second quarter of 2026, subject to customary regulatory and shareholder approvals.

Central Valley Community Bancorp Completes Merger with Community West Bancshares; Combined Company Adopts Community West Name

April 1, 2024

Financial Services

Central Valley Community Bancorp (parent of Central Valley Community Bank) completed an all-stock merger with Community West Bancshares (parent of Community West Bank), effective April 1, 2024. The combined company assumes the Community West Bancshares name and NASDAQ ticker CWBC, creating a regional bank with approximately $3.5 billion in assets and an expanded branch footprint across Central California.

BayCom Corp Acquires Pacific Enterprise Bancorp

February 1, 2022

Financial Services

BayCom Corp signed an agreement to acquire Pacific Enterprise Bancorp in an all-stock transaction valued at approximately $53.1 million. BayCom completed the acquisition effective February 1, 2022, expanding its presence in Orange County, California and its SBA/government-guaranteed lending resources.

West Coast Community Bancorp Merges With 1st Capital Bancorp to Form West Coast Community Bank

October 1, 2024

Financial Services

West Coast Community Bancorp (parent of Santa Cruz County Bank) completed its previously announced merger with 1st Capital Bancorp (parent of 1st Capital Bank). The combined institutions plan to rebrand all branches as West Coast Community Bank, with systems conversion expected after closing.