A midwestern banker is bolstering his presence in California.

A group controlled by James F. Dierberg, president and owner of First Banks Inc., St. Louis, on April 2 acquired 8.6% ownership of SierraWest Bancorp, Truckee, Calif., according to a securities filing.

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.