Entries by Carpenter & Company

Cal Republic Exits with an IRR of 15.8%

      In April 2016, California Republic Bancorp (“Cal Republic”) announced that it would be acquired by Mechanics Bank for $37.19 per share in an all cash transaction.  The announcement comes less than nine years after California Republic Bank was started. The deal, which is expected to close in the 4th quarter of 2016, […]

Plaza Bank Completes Merger with Bank of Manhattan

Plaza Bank, Irvine, California (“Plaza Bank”) today announced the completion of its merger with Bank of Manhattan, N.A. As the resulting bank, Plaza Bank will have approximately $1.0 billion in assets, with deposits of approximately $850 million, and will have seven branches located in Los Angeles County, Orange County, and Las Vegas. As part of […]