West Coast Community Bancorp to acquire 1st Capital Bancorp in $63m deal

West Coast Community Bancorp to acquire 1st Capital Bancorp in $63m deal

West Coast Community Bancorp (OTCQX: “SCZC”), headquartered in Santa Cruz, California, and 1st Capital Bancorp (OTCQX: “FISB”), headquartered in Salinas, California, have announced a merger agreement valued at approximately $63 million. The all-stock transaction will see 1st Capital Bancorp merge into West Coast Community Bancorp, exchanging each FISB share for 0.36 SCZC shares, based on […]