CBB Bancorp Announces Receipt of Regulatory Approvals for Acquisition
The Californer/10135315

LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. ("Company") (OTCQX: CBBI) announced today that it has received all regulatory approvals required to complete its previously announced agreement to acquire Ohana Pacific Bank, located in Honolulu, Hawaii. The Company also announced that the Ohana Pacific Bank stockholders have approved the transaction.

The transaction is expected to be completed in the third quarter of this year, subject to satisfaction of customary closing conditions.

More on The Californer

• John Duffy Competes in Mr Muscle Beach
• New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
• Thorn & Bloom Magazine Unveils Groundbreaking Second Edition: "Breaking the Cycle"
• Cheap O SMS Launches Groundbreaking Free SMS API Service
• California: Governor Newsom signs legislation 7.3.25

About CBB Bancorp, Inc.:

CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in small- to medium-sized businesses and does business as "CBB Bank." The Bank has eight full-service branches in Los Angeles, Orange, and Dallas Counties; two SBA regional offices in Los Angeles and Dallas Counties; and five loan production offices in Texas, Georgia, Colorado, and Washington.

For additional information, please go to www.cbb-bank.com.

---

Show All News | Report Violation