Source: Business Wire

Press Release: PROAMÉRICA Bank : Pacific Commerce Bank and ProAmérica Bank Merger Approved

LOS ANGELES--(BUSINESS WIRE)--Pacific Commerce Bancorp (OTC: PCBC) (the "Company"), parent company of Pacific Commerce Bank, and ProAmérica Bank (OTC: PMRA), announced that their respective shareholders have approved the merger of the two banks. The transaction is expected to close as of May 20, 2016. The combined institution will have total assets of approximately $560 million upon the close and six offices from Downtown Los Angeles to south San Diego County. Under the terms of the agreement,

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Bruce Mills's photo - President & CEO of PROAMÉRICA Bank

President & CEO

Bruce Mills

CEO Approval Rating

69/100

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