TriCo Bancshares, the parent company for Tri Counties Bank, and Valley Republic Bancorp, the parent company for Valley Republic Bank, entered into a definitive agreement under which Valley Republic will merge with and into TriCo in a stock transaction valued at approximately $165.6 million.
CVB Financial and Suncrest Bank entered into an agreement and plan of reorganization and merger pursuant to which Suncrest Bank will merge with and into Citizens Business Bank in a stock and cash transaction valued at approximately $204 million.
Sheppard, Mullin, Richter & Hampton added Moorari K. Shah to the firm as a partner in the finance and bankruptcy practice group and as a member of the fintech industry team.
Banc of California and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, entered into a definitive agreement and plan of merger under which Pacific Mercantile will merge into Banc of California in an all-stock transaction valued at approximately $235 million.
Enterprise Financial Services, the holding company of Enterprise Bank & Trust (EB&T), completed its merger with Seacoast Commerce Banc Holdings and the merger of EB&T with Seacoast’s wholly-owned subsidiary, Seacoast Commerce Bank.
Sheppard, Mullin, Richter & Hampton has added Joel Bannister to the firm’s Finance and Bankruptcy practice group as a partner in its Dallas office.
Sheppard, Mullin, Richter & Hampton added four partners to its corporate practice group: Richard A. Friedman, Jeffrey J. Fessler, Andrea Cataneo and Stephen A. Cohen.
Sheppard, Mullin, Richter & Hampton announced that Peter H. Carson has joined the firm as partner in the San Francisco office. Lorna L. Tanner and Stephanie L. Zeppa have joined the firm as partners in the Palo Alto office.