Axos loads up on more deposits (for free)


The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary.


Waters nominated to chair House banking panel


The California congresswoman would be the first woman and first African-American to lead the committee.


A challenge too good to pass up put Simone Lagomarsino back in the C-suite


The former head of Heritage Oaks Bancorp says she relishes a chance to reinvent Luther Burbank, a thrift that wants to make more commercial loans — a shift she has deftly orchestrated before.


BayCom to expand Southern Calif. operations with Uniti purchase


Uniti Financial focuses on the Korean-American community through three offices around Los Angeles.


Veteran banker to become CEO of Luther Burbank in California


Simone Lagomarsino, former CEO of Heritage Oak Bank, will succeed John Biggs next month.


What sold a small California bank on PacWest (it wasn't the price)


Its bid for El Dorado Savings wasn’t the highest, but PacWest's image as a skilled dealmaker added value to its offer in the seller’s eyes.


Investment company to buy Calif. community bank


Faciam Holdings will pay nearly $68 million for Summit Bancshares.


Opus in Calif. parts ways with its founder


Stephen Gordon, who led the bank's recapitalization in 2010, is being replaced as CEO on an interim basis by former FirstMerit CEO Paul Grieg.


HomeStreet snags San Diego branch, business lenders in deal with Silvergate


Silvergate is selling the branch to focus more on fintech deposits and specialty lending.


SVB Financial to buy Boston investment bank


The California company will pay $280 million to buy Leerink Holdings, which focuses on health care and life sciences firms.