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Bank of Southern California

Bank of Southern California, N.A. Completes $26M Capital Offering (BCAL)

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) today announced the completion of a capital raise of approximately $26 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $14.75 per share.
Bank of Southern California and AUB

Americas United Bank and Bank of Southern California NA Announce Merger

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A., San Diego, Calif. (OTC Pink: BCAL / OTCMKTS:BCAL) and Americas United Bank, Glendale, Calif. (OTC Pink: AUNB), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Americas United Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and the approval of the shareholders of AUB and BCAL, and is expected to close in the third quarter of 2018.
Bank of Southern California NA

Bank of Southern California, N.A. Announces $7M Capital Offering with Castle Creek Capital

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.

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