Vallicorp Holdings' acquisition pace slowed a bit last week. The Fresno, Calif.-based banking company announced that merger discussions with Sunrise Bancorp had been terminated.

The two companies had announced on April 8 that a letter of intent had been signed. Vallicorp, central California's largest bank was interested in adding to its $1.3 billion organization with $150 million Sunrise, parent of Sunrise Bank of Commerce, Roseville.

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.