trending Market Intelligence /marketintelligence/en/news-insights/trending/Bx0o060N26wSW6uMt0hrtg2 content esgSubNav
In This List

Commercial Bank of California merges with National Bank of California

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Commercial Bank of California merges with National Bank of California

completedits merger with , accordingto a news release.

Each outstandingshare of Commercial Bank was converted into 10.4288 shares of NCAL Bancorp common stock.

The combinedbank is named Commercial Bank of California and is a wholly owned subsidiary ofNCAL. The companyhas six branches in Southern California, with over $750 million in total assetsand over $650 million in deposits.

Ash Patel willserve as president and CEO of Commercial Bank of California and NCAL and Paul Folinowill serve as chairman.