First California Celebrates 30th Anniversary; Will Host Opening Bell Ceremony at NASDAQ on March 2
28 2월 2009 - 2:00AM
Marketwired
First California Financial Group, Inc. (NASDAQ: FCAL), parent
company of First California Bank, today announced a major company
milestone. As one of Southern California's strongest and safest
community banks, First California Bank is celebrating 30 years in
the business beginning today. The Bank opened on February 27, 1979,
under the name Camarillo Community Bank.
As part of the year-long celebration, First California Financial
Group will host the NASDAQ Opening Bell ceremony on Monday, March
2, 2009 in recognition of the company's anniversary. The ceremony
will take place at 9:30 a.m. ET at NASDAQ's MarketSite in New
York's Times Square and will be broadcast simultaneously on
www.nasdaq.com and on the seven-story NASDAQ tower, the largest
stationary video screen in the world.
The NASDAQ ceremony will be one of the many highlights during
First California's 30-year history. Other notable accomplishments
include:
-- 1979 The Bank receives FDIC approval with an initial capitalization of
$1.25 million.
-- 1981 The Bank moves to a new location in Camarillo, Calif. The new
office features a drive-up window with four lanes, a
state-of-the-art computer system and an Automatic Teller Machine.
-- 1985 The Bank completes a secondary offering, raising an additional
$640,000 in capital.
-- 1999 The Bank's total assets reach $100 million.
-- 2000 The Bank introduces E-Access, a secure Internet-based online
banking service.
-- 2001 The Bank changes its name to First California Bank.
-- 2003 The Bank is awarded the Preferred Lender status by the SBA.
-- 2004 FCB Bancorp is formed as the holding company for First California
Bank.
-- 2005 FCB Bancorp acquires South Coast Commercial Bancorp.
-- 2006 A merger of equals with National Mercantile Bancorp is announced,
creating a new holding company called First California Financial
Group, Inc.
-- 2007 The merger is finalized, resulting in a branch network of 12
full-service offices.
-- 2008 The Bank and holding company relocate their corporate
headquarters to Westlake Village, Calif.
The Bank's total assets reach $1.25 billion.
-- 2009 The Bank assumes the insured deposits of 1st Centennial Bank, the
wholly-owned subsidiary of 1st Centennial Bancorp (OTCBB: FCEN).
About First California Financial Group, Inc.
First California Financial Group, Inc. (NASDAQ: FCAL) is an
emerging force of strength and stability in Southern California
banking. With assets now exceeding $1.4 billion, the company
operates throughout Southern California, primarily under the First
California Bank brand. The bank's focus is the commercial market,
particularly small- and middle-sized businesses, professional firms
and commercial real estate, development and construction companies.
With a commitment to provide the best client service available in
its markets, the bank offers a full line of quality commercial
banking products now through 18 full-service branch offices in Los
Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura
counties. The holding company's website can be accessed at
www.fcalgroup.com. For additional information on First California
Bank's products and services, visit www.fcbank.com.
First California was a wholly owned subsidiary of National
Mercantile Bancorp formed to facilitate the reincorporation merger
with National Mercantile and the merger with FCB Bancorp, which
occurred on March 12, 2007. Accordingly, First California's
historical balance sheet and results of operations before the
merger are the same as the historical information of National
Mercantile. The company's results of operations include
approximately 19 days of FCB Bancorp's results for the 2007 first
quarter.
For further Information: At the Company: Ron Santarosa
805-322-9333 At PondelWilkinson: Angie Yang 310-279-5980 Corporate
Headquarters Address: 3027 Townsgate Road, Suite 300 Westlake
Village, CA 91361
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