California

Americas United Bank in Glendale, Calif., has agreed to buy two branches from Banc of California in Irvine.

First Choice Bank, in Cerritos, Calif., has raised $30 million from a secondary stock offering.

Clearinghouse CDFI in Lake Forest, Calif., has acquired Arizona MultiBank Community Development, a community development financial institution that operates in the Southwestern U.S. and on Native American reservations.

Hanmi Financial in Los Angeles has a new look for its retail bank.

Community West Bancshares in Goleta, Calif., has filled a board vacancy with James Lokey, a former chief executive of several California community banks.

Farmers Bank & Trust in Great Bend, Kan., has agreed to sell certain assets of its mortgage division to Prospect Mortgage in Sherman Oaks, Calif.

If approved, Core Commercial Bank would be just the third new bank to open in the U.S. since the financial crisis.

A Los Angeles-based community group has dropped its objection to the proposed sale of City National Bank to Royal Bank of Canada and now says the deal should be expedited.

Bank of the Orient in San Francisco has received a federal cease-and-desist order because of shortcomings in its compliance with anti-money-laundering rules.

PBB Bancorp in Los Angeles has agreed to buy First Mountain Bank in Big Bear Lake, Calif., for about $13.4 million in cash and stock.