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Cascade Bancorp Completes Acquisition of Prime Pacific Financial Services
PR Newswire - Tue Aug 02, 4:45PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade", the holding company for Bank of the Cascades, today announced the completion of the acquisition of Prime Pacific Financial Services, Inc. ("Prime Pacific", the holding company for Prime Pacific Bank, N.A. headquartered in Lynnwood, Washington.
CACB: 6.10 (-0.04)

California Bank of Commerce Completes Acquisition of Pan Pacific Bank
BusinessWire - Mon Jan 04, 8:00AM CST
California Bank of Commerce (OTCQX:CABC) today announced that on December 31, 2015, it completed its previously announced acquisition of Pan Pacific Bank (OTCPINKPFC). The acquisition, which was first announced on September 18, 2015, was concluded following receipt of approval for the transaction from the shareholders of California Bank of Commerce and Pan Pacific Bank, and all required regulatory approvals. The combined bank has over $650 million in assets with offices in San Jose, Fremont, Oakland, and Lafayette, California.

California Bank of Commerce and Pan Pacific Bank declares extension of shareholders' election deadline
M2 - Thu Dec 03, 6:42AM CST
California Bank of Commerce (CABC) (OTCQX:CABC) and Pan Pacific Bank (PPFC) (OTCPinkPFC) together disclosed on Thursday that the election deadline for PPFC shareholders to decide whether to receive shares of CABC common stock, cash, or a combination thereof, has been extended to 17:00 PST on 15 December 2015, .

California Bank of Commerce and Pan Pacific Bank Announce Extension of the Election Deadline
BusinessWire - Wed Dec 02, 4:02PM CST
California Bank of Commerce (OTCQX: CABC) and Pan Pacific Bank (OTCPink: PPFC) today announced that the election deadline for PPFC shareholders to elect to receive shares of CABC common stock, cash, or a combination thereof has been extended from December 4, 2015 to December 15, 2015. Both CABC and PPFC decided to extend the Election Deadline to afford PPFC shareholders additional time to make their elections.

California Bank of Commerce and Pan Pacific Bank Announce Shareholder Approvals
BusinessWire - Mon Nov 30, 3:00PM CST
California Bank of Commerce (OTCQX: CABC) and Pan Pacific Bank (OTCPink: PPFC) today announced that the shareholders of both CABC and PPFC approved the merger of PPFC with and into CABC at the special shareholder meetings of each bank held on November 30, 2015. It is still anticipated that the closing of the merger of PPFC with and into CABC will occur by year-end 2015 or early in the first quarter of 2016.

California Bank of Commerce and Pan Pacific Bank to Merge
BusinessWire - Sat Sep 19, 3:26PM CDT
California Bank of Commerce (CABC) and Pan Pacific Bank (PPFC) today jointly announced the execution of an Agreement and Plan of Reorganization (the "Agreement" whereby Pan Pacific Bank will merge into California Bank of Commerce in a transaction valued at approximately $24.3 million. The strategic partnership will result in a business bank with over $620 million in total assets dedicated to serving middle market businesses in the San Francisco Bay Area.

Euro Pacific Bank adopts T24 in the cloud
M2 - Thu May 21, 7:41AM CDT
* Move will see Euro Pacific Bank use Temenos' cloud-based core banking solution to deliver sophisticated Private Banking services to customers worldwide

Ohana Pacific Bank Selects PhoenixEFE® Enterprise Solution from D+H
PR Newswire - Mon Mar 02, 7:00AM CST
Bank seeks to leverage product integration to meet growth objectives
DH.TO: 29.01 (+0.02)

Photo Release -- Golden Pacific Bank Announces Edmund Gee as New Chief Credit Officer
GlobeNewswire - Tue Feb 17, 11:38AM CST
Golden Pacific Bancorp and Golden Pacific Bank are pleased to announce the recent appointment of Mr. Edmund Gee as EVP/Chief Credit Officer.

Pacific Continental Corporation and Capital Pacific Bancorp Receive Regulatory Approvals for Acquisition
PR Newswire - Mon Feb 09, 3:03PM CST
Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, announced today that Pacific Continental has received all regulatory approvals required to complete its acquisition of Capital Pacific Bancorp. The proposed acquisition of Capital Pacific Bancorp into Pacific Continental Corporation was publicly announced on November 19, 2014. The Federal Deposit Insurance Corporation and the Oregon Department of Consumer and Business Services - Division of Finance and Corporate Securities have approved the applications to merge Capital Pacific Bank into Pacific Continental Bank. The Federal Reserve Bank of San Francisco has also approved the proposed acquisition. The action, which remains subject to Capital Pacific shareholder approval and other customary closing conditions, is scheduled to occur later in the first quarter 2015.
PCBK: 16.44 (-0.14)

Pan Pacific Bank Announces 2014 as Year of Growth, Continued Profitability
BusinessWire - Thu Feb 05, 11:21AM CST
Pan Pacific Bank (OTCBB: PPFC) today announced its unaudited financial results for the year ended December 31, 2014, including total assets of $120.1 million, net loans of $86.7 million and deposits of $99.5 million. "Pan Pacific Bank is pleased to report a year of progress and profitability. Total assets, net loans and total deposits grew 9.3%, 13.7% and 9.3%, respectively, on a year over year basis," said Wayne Doiguchi, Pan Pacific Bank's CEO. "For the quarter ended December 31, 2014 and the same period in 2013, net after tax earnings were $63 thousand and $99 thousand, respectively. For the years ended 2014 and 2013, net after tax earnings were $3,049 thousand and $254 thousand, respectively. During 2014, Bank management determined that it is more likely than not that the deferred tax asset (DTA) will be realized. Therefore, the second quarter and fourth quarter tax expense includes a benefit or income of $2,740 thousand and $117 thousand, respectively related to the reversal of the valuation allowance for deferred tax assets."

Golden Pacific Bank Introduces Mobile Remote Deposit from Digital Insight
BusinessWire - Mon Dec 15, 7:01AM CST
NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, today announced that Golden Pacific Bank, a 27-year-old community bank in Sacramento, Calif., is rolling out mobile remote deposit capture as part of its mobile banking experience with Digital Insight, an NCR company. Consumers and small businesses banking with Golden Pacific will be able to deposit checks using their mobile banking app and their phone's camera.
NCR: 31.74 (-0.20)

Golden Pacific Bank Announces Heather Luzzi as New Managing Director of Business Relations
GlobeNewswire - Fri Nov 14, 2:35PM CST
Golden Pacific Bancorp and Golden Pacific Bank are pleased to announce the recent appointment of Heather Luzzi as VP/Managing Director of Business Relations.

Pan Pacific Bank Announces Year-To-Date Growth in Net Loans 15.5%
BusinessWire - Wed Oct 22, 8:02AM CDT
Pan Pacific Bank (OTCBB: PPFC) today announced its unaudited financial results for the quarter ended September 30, 2014, including total assets of $119.1 million, net loans of $88.1 million and deposits of $99.0 million. "Pan Pacific Bank is pleased to report continued positive earnings with net after-tax earnings for the three and nine months ending September 30, 2014, of $56,468 and $2,983,071, respectively," said Wayne Doiguchi, Pan Pacific Bank's CEO. "During the second quarter, Bank management determined that it is more likely than not that the deferred tax asset (DTA) will be realized. Therefore, the second quarter tax expense includes a benefit or income of $2,740,245 related to the reversal of the valuation allowance for deferred tax assets."

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