Coronado First Bank (NADO) in California has agreed to buy San Diego Private Bank for roughly $15.5 million in stock.

The $166 million-asset Coronado has branches in Coronado and in nearby downtown San Diego. It serves small businesses and real estate investors throughout Southern California.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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