SAN FRANCISCO - First Interstate Bancorp, on the rebound from big loan problems, is now ready to make acquisitions, chairman and chief executive Edward M. Carson said Wednesday.

At a conference here, Mr. Carson said his Los Angeles-based company wants to fill out its franchise with acquisitions in Texas, Southern California, and Washington State - areas where First Interstate is not among the top three deposit takers.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.