NASDAQ, PACW - Pacwest Bancorp
We are a bank holding company registered under the Bank Holding Company Act
of 1956, as amended. Our principal business is to serve as a holding company for
our banking subsidiary. As of December 31, 2007 and 2006, our sole banking
subsidiary is Pacific Western Bank. We refer to Pacific Western herein as the
"Bank" and when we say "we", "our" or the "Company", we mean the Company on a
consolidated basis with Pacific Western. When we refer to "First Community" or
to the holding company, we are referring to the parent company on a stand-alone
basis. As of December 31, 2005, our banking subsidiaries were Pacific Western
National Bank which we also refer to as Pacific Western, and First National
Bank, which we refer to as First National. Pacific Western National Bank
converted from a national banking charter to a state bank charter under the name
of Pacific Western Bank on September 13, 2006. ...
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