M&A Deal Summary |
|
|---|---|
| Date | 2017-07-05 |
| Target | Citizens Business Bank - Woodlake Branch |
| Sector | Financial Services |
| Buyer(s) | Sierra Bank |
| Sellers(s) | Citizens Business Bank |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1977 |
| Sector | Financial Services |
| Employees | 489 |
| Revenue | 139M USD (2024) |
Sierra Bank is a multi-community financial institution that offers a full range of retail and commercial banking services, primarily in the central and southern sections of the San Joaquin Valley. Sierra Bank was founded in 1977 and is based in Porterville, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Financial Services M&A | 4 of 4 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 4 of 4 |
| Country: United States M&A | 4 of 4 |
| Year: 2017 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-24 |
Ojai Community Bank
Ojai, California, United States OCB Bancorp. a locally owned and operated holding company, was formed in September 2013 as the parent company of Ojai Community Bank and its divisions, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank. The family of banks offers a full array of banking products and services to businesses, professionals, individuals and commercial property owners. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1974 |
| Sector | Financial Services |
Citizens Business Bank is a financial services company with a bank at its core. Company provide banking solutions across government and nonprofit organizations, as well as title & escrow, dairy & livestock, medical, property management, and real estate industries, among many others.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-15 |
American Security Bank
Newport Beach, California, United States American Security Bank provides financials services. It offers personal banking products, such as checking, NOW checking, money market, saving accounts, high yield certificate of deposits, and individual retirement account; personal loans. |
Buy | $57M |
