ONTARIO, Calif. -- CVB Financial Corp.'s Chino Valley Bank, said it acquired Mid City Bank from the Federal Deposit Insurance Corp.
In a press release, Chino Valley said the transaction includes the acquisition of $96.4 million in deposits and $41.5 million in total assets. The assets include $21.3 million of loans.
Terms were not immediately available.
The former Brea office of Mid City Bank opened for business as Chino Valley Bank. The former Los Angeles office of Mid City Bank will stay closed.