PALO ALTO, Calif. -- Mid-Peninsula Bank received approval from the California State Banking Department to merge with Westcal National Bank, a wholly owned subsidiary of San Mateo County Bancorp.

Consummation of the merger is still subject to the approval of the shareholders of Mid-Peninsula Bank and San Mateo County Bancorp. The merger is expected to be completed by Oct. 1. Upon consummation of the merger, it is expected that the combined bank will have assets of approximately $175 million.

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