A group of shareholders at BYL Bancorp is urging the Orange, Calif., company to merge with the thrift company PBOC Holdings Inc. of Los Angeles.

BYL, the parent of Bank of Yorba Linda, disclosed in a Securities and Exchange Commission filing last month that it has been in talks with $3.5 billion-asset PBOC. And though $322 million-asset BYL later issued a news release saying that the disclosure had been made inadvertently, the shareholder group, which owns 9% of BYL's stock, has responded with a letter to BYL chairman Rhoads Martin Jr. demanding that a deal be struck.

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