They said this in the July amendment:
First California Financial Group, Inc. (Nasdaq:FCAL), or FCAL, the holding company of First California Bank, or FCB, and Premier Service Bank (OTCBB:PSBK), or PSBK, today announced the signing on July 9, 2012 of Amendment No. 1 (the “Amendment”) to their definitive agreement dated February 27, 2012 (the “Merger Agreement”), pursuant to which PSBK will merge into FCB. The transaction is now expected to close late in the third quarter or early in the fourth quarter of 2012, subject to regulatory and shareholder approvals and other customary closing conditions.
And this link is from last February when FCALs' share price was approx. $4 something.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72642420
The exchange rate will change but dollar for dollar its all good unless we hear differently..and I can't imagine that.
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