WHITTIER, Calif., Sept. 15, 2023 (GLOBE NEWSWIRE) — Friendly Hills Bancorp (the “Company”) (OTC Pink: FHLB), the holding company for First Pacific Bank (the “Bank”) announced today that it has completed its corporate rebranding and officially changed its name to First Pacific Bancorp. The name of the Company’s wholly owned subsidiary was changed from Friendly Hills Bank to First Pacific Bank in December of 2022. The Company’s rebranding was approved by shareholders on June 27, 2023.
In addition to the name change, the Company has changed the ticker symbol for its common stock. First Pacific Bancorp common stock will continue to be quoted on the OTC Markets Pink marketplace under the new ticker symbol FPBC. Shareholders of the Company do not need to take any action.
“Our new brand reflects the growth and evolution of our business and more closely aligns with the execution of our strategic vision seen in recent years,” said Nathan Rogge, President and Chief Executive Officer of First Pacific Bank. “We are excited about this next chapter and look forward to creating long-term value for our stakeholders,” added Rogge.
There is no change of ownership, merger, or acquisition associated with this name change. To learn more about First Pacific Bank, visit firstpacbank.com.
ABOUT FIRST PACIFIC BANK
First Pacific Bank is a wholly owned subsidiary of First Pacific Bancorp (OTC Pink: FPBC), formerly known as Friendly Hills Bancorp, and is a growing community bank catering to individuals, professionals, and small-to-medium sized businesses throughout Southern California. With a history that spans 16 years, the Bank offers a personalized approach, access to decision makers, a broad range of solutions, and a commitment to delivering an exceptional customer experience. First Pacific Bank operates locations in Los Angeles County, Orange County, San Diego County, and the Inland Empire. For more information, visit www.firstpacbank.com or call 888.BNK.AT.FPB.
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