1st Pacific Bank misses regulator-imposed deadline to raise $15m; 1st Pacific Bank of California's excess problem loans, which amounted to about $18 million at year end, or nearly 5 percent of its total assets, is the main reason it has been under regulatory duress.

San Diego Business Journal › April 12, 2010

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1st Pacific Bank misses regulator-imposed deadline to raise $15m; 1st Pacific Bank of California's excess problem loans, which amounted to about $18 million at year end, or nearly 5 percent of its total assets, is the main reason it has been under regulatory duress.

San Diego's 1st Pacific Bank of California was unable to raise the $15 million that regulators required by the March 31 deadline, with no word from the bank a...

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