A Look at Our History
National Bank of California began operations in October 1982 as a business-oriented bank and an SBA lender. The first location was in the Beverly Center.
Opened an office (which is now the headquarters) in the Fairfax District of Los Angeles.
Declared four-for-three stock split.
The bank achieved status as one of the top 10 SBA lenders in California.
National Bank of California became a Small Business Administration (SBA) Preferred Loan Provider (PLP).
Declared 5% stock dividend.
Closed the original branch in the Beverly Center.
Opened 2nd regional office in Sherman Oaks in the San Fernando Valley area.
In September, National Bank of California became a wholly owned subsidiary of NCAL Bancorp (a bank holding company), positioning it for further growth and expansion.
Issued $5 million of Trust Preferred securities.
Opened 3rd regional office in Costa Mesa in Orange County.
Issued an additional $2 million of Trust Preferred securities.
Opened 4th regional office in Glendale in the San Gabriel Valley area. Reached the milestone of $250 million in total assets.
Opened 5th regional office in Westlake Village in Ventura County. National Bank of California now has five locations serving customers in Los Angeles, Orange, and Ventura counties.
Issued a two-for-one stock split and reached the milestone of $325 million in assets.