The playing field has gotten more crowded for Royal Business Bank, but the Los Angeles bank wants to thin the herd by buying competitors.

The $626 million-asset bank, which focuses on Chinese-Americans, opened in November 2008, just weeks after the Treasury Department introduced the Troubled Asset Relief Program. The initial years were a breeze for Royal, which was armed with $71 million of capital. But as the banking sector improves and competition intensifies, Royal is turning to acquisitions as it aims for $2 billion in assets.

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