Commercial Bank of California (CBC) and National Bank of California completed their merger, giving the combined entity six branches in Southern California, more than $750 million in total assets and more than $650 million in total deposits.

The newly combined bank will be known as Commercial Bank of California and will be a wholly owned subsidiary of NCAL Bancorp.

“This merger is a key step in our growth strategy, putting us well on our way to becoming a privately held billion dollar bank,” said Ash Patel, chairman of the board of NCAL Bancorp and National Bank of California, and chief executive officer of Commercial Bank of California. “By combining our reach and resources, we’ll be able to provide the most personalized banking services to the residents of Southern California.”

CBC will continue to operate under the name Commercial Bank of California as a wholly-owned subsidiary of NCAL Bancorp.

Paul Folino will serve as chairman of the board of Commercial Bank of California and NCAL Bancorp. Ash Patel will serve as president and CEO of Commercial Bank of California and NCAL Bancorp.