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Beverly Hills Bancorp Inc (BHBCQ) RSS Feed

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8
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Posts (Total)
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Created
01/28/09
Type
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 MERGER ANNOUNCED 3/3/2009!

FBBH logo

 http://www.fbbh.com www.ofscapital.com 

Beverly Hills Bancorp Inc. and Orchard First Source Asset Management, LLC Announce Merger Agreement
http://biz.yahoo.com/bw/090303/20090303006370.html?.v=1

About Beverly Hills Bancorp

Beverly Hills Bancorp Inc. is a financial holding company and conducts its banking and lending operations through its primary subsidiary, First Bank of Beverly Hills. The Bank focuses on niche products, including the origination and acquisition of commercial and multi-family real estate loans. The Bank's principal funding sources consist of certificates of deposit, borrowings from the Federal Home Loan Bank of San Francisco and repurchase agreements with major investment banks. The Bank is a California state-chartered commercial bank and is regulated by both the Federal Deposit Insurance Corporation and the California Department of Financial Institutions.

About Orchard First Source

Orchard First Source Asset Management (OFS) is a privately-owned company focused on providing senior secured financing to middle market commercial and industrial companies in the United States. Established in 1995, OFS provides cash flow and asset-based financing solutions to its commercial and industrial corporate borrowers through a team of experienced lenders.

Since its inception, OFS has originated, structured and managed over 600 middle market loan transactions aggregating in excess of $8 billion. OFS operates primarily through its headquarters in Rolling Meadows, IL and maintains additional offices in Los Angeles and New York.

 

 

 

 

 

  • Estimated Market Cap
                     $488,464 as of Mar 2, 2009              
  •               Outstanding Shares  18,787,094 as of Oct 31, 2008              
  •               Number of Share Holders of Record  70 as of Mar 17, 2008              
                                

 

 

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BHBCQ Latest News
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