SANTA ROSA, Calif. -- The commercial bank subsidiary of Redwood Empire Bancorp signed a definitive agreement to acquire with Codding Bank, Rohnert Park, Calif., for $6.8 million in cash.
The per-share price is about 1.26 times March 31 book value.
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.
Have an account? Sign In