AltaPacific Bancorp closes merger with Mission Oaks Bancorp for USD3.5m
M2 - Mon May 05, 4:45AM CDT
The parent company of AltaPacific Bank, AltaPacific Bancorp (OTCBB:ABNK), has completed a merger with Mission Oaks Bancorp, the parent company of Mission Oaks National Bank, it revealed on Friday.
AltaPacific Bancorp Announces Completed Merger with Mission Oaks Bancorp
Business Wire - Fri May 02, 7:01PM CDT
AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today announced the completed merger with Mission Oaks Bancorp, the parent company of Mission Oaks National Bank. Mission Oaks Bancorp shareholders approved the merger at a special meeting held on April 24, 2014. Under the terms of the merger agreement, Mission Oaks Bancorp will merge with and into AltaPacific Bancorp and the operations of Mission Oaks National Bank will be combined into AltaPacific Bank. Mission Oaks Bancorp shareholders will receive $0.30 per share in an all-cash transaction valued at approximately $3.5 million. After the merger with Mission Oaks National Bank, AltaPacific Bank had total assets of approximately $335 million.
AltaPacific Bancorp Reports Earnings for First Quarter 2014
Business Wire - Mon Apr 28, 3:29PM CDT
AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today reported net income for the first quarter of 2014 totaling $465,000, or $0.08 per diluted share. The Company also reported that the pending merger with Mission Oaks Bancorp, which was originally announced on January 31, 2014, is now expected to have an effective closing date of May 2, 2014.
AltaPacific Bancorp and Mission Oaks Bancorp's shareholders approve merger of companies
M2 - Mon Apr 28, 3:01AM CDT
AltaPacific Bancorp (OTCBB:ABNK), the parent company of AltaPacific Bank, reported on Friday together with Mission Oaks Bancorp (OTCBB:MOKB), the parent company of Mission Oaks National Bank, that the shareholders of the latter at a special meeting held on 24 April 2014, approved the Agreement and Plan of Merger between the companies.
Shareholders of Mission Oaks Bancorp Approve Merger with AltaPacific Bancorp
Business Wire - Fri Apr 25, 8:00AM CDT
AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, and Mission Oaks Bancorp (OTCBB: MOKB), the parent company of Mission Oaks National Bank, announced that, at a special meeting held on April 24, 2014, the shareholders of Mission Oaks Bancorp approved the Agreement and Plan of Merger between AltaPacific Bancorp and Mission Oaks Bancorp.
AltaPacific Bancorp Extends Share Repurchase Program
Business Wire - Fri Apr 04, 7:57PM CDT
AltaPacific Bancorp (OTCBB:ABNK), the parent company of AltaPacific Bank, today announced that its Board of Directors has authorized an extension of the Company's share repurchase program for an additional $1.0 million of the Company's common stock through April 30, 2015. The Company's repurchase program was originally announced on May 4, 2012. Since that date, the Company has invested approximately $1,670,000 to repurchase and retire 215,309 shares of its common stock at an average price of $7.76 per share.
AltaPacific Bancorp signs definitive merger agreement with Mission Oaks Bancorp for about USD3.5m
M2 - Mon Feb 03, 5:53AM CST
AltaPacific Bancorp (OTCBB:ABNK), the parent company of AltaPacific Bank, revealed on Friday that it signed a definitive agreement to acquire Mission Oaks Bancorp (OTCBB:MOKB), the parent company of Mission Oaks National Bank, for USD0.30 per share in an all-cash transaction valued at about USD3.5m.
AltaPacific Bancorp and Mission Oaks Bancorp Sign Definitive Agreement to Merge
Business Wire - Fri Jan 31, 3:05PM CST
AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, and Mission Oaks Bancorp (OTCBB: MOKB), the parent company of Mission Oaks National Bank, announced the signing of a definitive agreement to merge. Under the terms of the agreement AltaPacific Bancorp will acquire Mission Oaks Bancorp for $0.30 per share in an all-cash transaction valued at approximately $3.5 million. The operations of Mission Oaks National Bank will be combined into AltaPacific Bank. Completion of the merger is subject to regulatory and Mission Oaks Bancorp's shareholders' approval as well as other customary closing conditions, and the amount of cash consideration per share is subject to potential adjustment.
AltaPacific Bancorp Announces 2013 Year End Performance Results and Declares 5% Stock Dividend
Business Wire - Mon Jan 27, 3:13PM CST
AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today reported year-to-date net income totaling $1,437,000 and quarterly net income totaling $696,000 for the period ending December 31, 2013, respectively. The Company also reported that the Board of Directors recently approved the payment of a 5% stock dividend per common share payable on February 21, 2014 to shareholders of record as of February 7, 2014.
AltaPacific Bancorp Announces Performance Results for Second Quarter 2013
Business Wire - Tue Jul 30, 2:28PM CDT
AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today reported net income for the quarter totaling $238,000 and year-to-date net income totaling $397,000 for the period ending June 30, 2013, respectively.