Sanwa Bank California and Tokai Bank of California released details Monday of their plans to combine, beginning in July, as a result of the merger of their Japanese parents and a third Japanese bank.

The new U.S. institution, to be named United California Bank, will have $11.2 billion in assets and about $6.8 billion in deposits, putting it on a similar deposit footing in the state as Bank of the West, in San Francisco (a unit of BancWest Corp. of Honolulu) and City National Corp. of Beverly Hills.

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