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Following acquisition by Mechanics Bank, Kroll withdraws ratings for California Republic Bancorp

Kroll BondRating Agency withdrew its ratings for California Republic Bancorp following the of its by WalnutCreek, Calif.-based MechanicsBank.

The ratingagency withdrew its senior unsecured debt rating of BBB+, subordinated debtrating of BBB, and short-term rating of K2 for California Republic Bancorp, aswell as its deposit and senior unsecured debt ratings of A-, subordinated debtrating of BBB+, and short-term ratings of K2 for California Republic Bank.