Press Release: ACBank : FNB Bancorp Completes Previously Announced Acquisition of America California Bank

SOUTH SAN FRANCISCO, CA--(Marketwired - Sep 4, 2015) - Today, FNB Bancorp (OTCQB: FNBG) announced the closing of its acquisition of San Francisco, California-based America California Bank ("ACB") through the merger of ACB with and into its subsidiary bank, First National Bank of Northern California. The all-cash purchase price being paid to holders of ACB common stock and preferred stock is $10.60 per share, or approximately $21,510,000 in the aggregate. Prior to the closing, all required regulatory approvals were obtained and the transaction was also approved by the ACB shareholders.