GOAL ACHIEVED: "We hit an important milestone with the deal. We feel the scale we get at $5 billion [in assets] brings our cost structure and profitability in line," says Steven Sugarman, CEO at Banc of California.

Popular's Regional Sales Fill Buyers' Needs

How the Puerto Rican company's decision to sell operations in California, Illinois and central Florida fit into the plans of three community banks looking to grow.

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