Park National Bank has outstanding financial strength and profitability. In June 2006, the bank received Veribanc
ratings of Green*** plus Blue Ribbon Bank® Commendation of Excellence. This rating is the highest given by Veribanc
and indicates not only the institution’s current condition “based on equity strength and profitability” but also
“future trends and contingencies.” The Veribanc Blue Ribbon Bank Commendation of Excellence is the country’s
oldest formal recognition of banks which have met exceptionally high standards.*
*Descriptions of ratings are based on Veribanc’s website.
National Bank has 65 locations and assets of $5.4 billion.
In 1996, FBOP Corporation acquired Torrance Bank which had one branch
location in Torrance. This initial entry into the California market
was quickly followed by the purchase of Topa Savings and Topa Thrift
which operated five branches in the Los Angeles area. In January, 1998,
these entities were joined together to become the new California National
Bank, headquartered in the prosperous Los Angeles market. California
National grew substantially with the acquisition of People's Bank of
California in 2001 and the acquisition of Fidelity Federal Bank in 2002.
Diego National Bank was acquired by FBOP Corporation in early
1997. Located in San Diego's attractive downtown business district since 1981,
it is a commercial bank with 21 locations and assets of $2.3 billion.
This is the largest locally managed community bank in San Diego.
Pacific National Bank
was acquired by FBOP Corporation in July 2004. Headquartered in San Francisco, Pacific National Bank has a total
of 18 branches and assets of $960 million. Established in 1887 during San Francisco's early shipping and trading
days, the bank provided financing for home building as the area grew. Pacific National Bank has a rich history
and continues to be a meaningful part of the greater San Francisco Bay Area community.
Madisonville State Bank joined FBOP in 1993. The bank is located in Madisonville
with $200 million in assets, is locally managed and is known for its
active role in the community. Madisonville State Bank celebrates its
centennial anniversary in July, 2002.
North Houston Bank joined the FBOP
Corporation in 1995 and has grown to total assets of $384 million. Located
in northeast Houston, the bank has become one of the city's most active
and innovative commercial real estate lenders.
Citizens National Bank, located in Teague, is a small Texas farming community
approximately 100 miles south of Dallas. Citizens was acquired in January,
1995 and has grown in assets from $23 million to $71 million.
In October 2002, FBOP purchased its first bank in Arizona. Bank
USA, in Phoenix, Arizona, has assets of $163 million. Bank USA specializes
in single family home construction and Commercial construction lending.
These banks share FBOP's vision of community
involvement through valued relationships with local businesses and residents.
Member FDIC. Equal Housing Lender.