Newsroom: News

Plaza Bank Completes Merger with Bank of Manhattan, N.A.

June 30, 2015

IRVINE, CA – June 30, 2015: 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,… Read more »

Important Merger Information: Bank of Manhattan and Plaza Bank

May 11, 2015

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INFORMATION FOR CLIENTS AFFECTED BY THE MERGER BETWEEN BANK OF MANHATTAN AND PLAZA BANK Merger/Conversion information PDFs available on this page can provide you with a guide to any product changes, service fee changes, and modifications to your account terms. BANK OF MANHATTAN Client Merger/Conversion information PDF: CLICK HERE TO DOWNLOAD PLAZA BANK Client Merger/Conversion information… Read more »

Plaza Bank Hires Commercial Real Estate Financing Expert

April 21, 2015

IRVINE, CA–(Marketwired – Apr 20, 2015) – Plaza Bank (OTCBB: PLZB) (the “Bank”) is pleased to announce the hiring of Chris Kelleher as Vice President and Business Development Officer. With more than 20 years of experience in commercial real estate financing, Mr. Kelleher further strengthens Plaza Bank’s position as a premier community business bank serving… Read more »

Plaza Bank Announces 2015 First Quarter’s Financial Results

April 15, 2015

Q1-2015

IRVINE, CA–(Marketwired – Apr 14, 2015) – Plaza Bank (OTCBB: PLZB) (the “Bank”) today reported unaudited net income for the first quarter of 2015 of $1,622,000 or $0.09 per share on a diluted basis, a decrease of 5.1% compared to the prior year’s first quarter net income of $1,710,000 or $0.09 per share on a… Read more »

Plaza Bank Agrees to Settlement with the United States Department of Justice

March 12, 2015

IRVINE, Calif.–(BUSINESS WIRE)–Plaza Bank (OTCBB: PLZB) (the “Bank”) today announced that it has entered into a civil settlement with the United States Department of Justice, subject to court approval. The settlement concerned a single third-party payment processor, which the Bank terminated in 2010 after it was recapitalized and a new management team was put in… Read more »

Orange County Business Journal: Plaza Bank’s Merger Partner Sells Mortgage Unit

March 12, 2015

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Bank of Manhattan merging with Plaza Bank

January 14, 2015

Team of architects discussing plans

IRVINE, Calif. & EL SEGUNDO, Calif.–(BUSINESS WIRE)–Plaza Bancorp, Plaza Bank (OTCBB: PLZB), Manhattan Bancorp (OTCBB: MNHN), and Bank of Manhattan, N.A. today announced the execution of a definitive agreement providing for the merger of Manhattan Bancorp with and into Plaza Bancorp, to be followed immediately by the merger of Bank of Manhattan with and into… Read more »

Plaza Team volunteers at local org Working Wardrobes

December 12, 2014

Plaza Bank Team volunteering with the Working Wardrobes Team.

Some of the Irvine’s Plaza Bank team joined together on Thursday to give a hand at Working Wardrobes, a wonderful community-building organization that benefits yearly from the help of 3,400 volunteers that provide 40,000 hours of their time. For 25 years the organization has been empowering men, women, veterans and young adults by overcoming difficult… Read more »