News Topic Southern California Bancorp

News Topic: Southern California Bancorp

News: Bank of Southern California, N.A. Completes Capital Offering and Plans to Form Holding Company

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $12.00 per share.