First Choice Bancorp
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- First Choice Bancorp (Nasdaq: FCBP), headquartered in Cerritos, California, operates as the bank holding company for First Choice Bank, a community-based financial institution founded in 2005 that provides retail and commercial banking products and services to individuals, families, small- to medium-sized businesses, and private banking clients primarily in Los Angeles, Orange, and San Diego Counties through eight full-service branches and two loan production offices; core offerings include interest- and non-interest-bearing demand, savings, and money market accounts; time deposits and certificates of deposit; construction and land development, residential and commercial real estate, commercial and industrial, Small Business Administration, and consumer loans; debit and commercial credit cards; treasury management; remote deposit capture; online and mobile banking; automated teller machine services; bank-by-mail; courier; domestic and international wire transfers; and documentary collection services. First Choice Bank specializes in commercial and industrial loans, commercial real estate loans, and serves as a Preferred Small Business Administration Lender, with a focus on diverse communities and business growth through efficient, personalized financial solutions. In July 2021, First Choice Bancorp completed its merger with Enterprise Financial Services Corp in a $346 million all-stock transaction, adding approximately $2.4 billion in assets, $2.0 billion in loans, and $1.9 billion in deposits while enhancing geographic diversity via its California branches, which continued operating under existing systems until integration in late 2021; as of December 31, 2020, prior to the merger, consolidated assets stood at $2.28 billion.
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