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PacTrust Parent to Change Name

Irvine-based First PacTrust Bancorp Inc. will change its corporate name to Banc of California Inc.

The name change follows the completion of the bank’s acquisition of Los Angeles-based Private Bank of California.

First PacTrust operates through its Pacific Trust Bank and Private Bank of California subsidiaries.

It’s among the largest commercial banks based in Orange County, with $3 billion in assets.

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