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PacWest Bancorp (PACW)On Nov 18: 22.43   0.00 (0.00%)  
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PacWest Bancorp
401 West A Street
San Diego, CA 92101
United States - Map
Phone: 619-233-5588
Fax: 858-756-5797
Web Site: http://www.firstcommunitybancorp.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Pacific Banks
Full Time Employees:881

BUSINESS SUMMARY 
PacWest Bancorp operates as the holding company for Pacific Western Bank that provides banking products and services to small and medium-sized businesses, and individuals in California. It offers savings accounts; business and personal money market and checking accounts; and commercial and consumer banking services, including foreign exchange services. The bank also accepts time and demand deposits, as well as originates various loans, such as secured and unsecured commercial and consumer loans, commercial real estate mortgage loans, SBA loans, and construction loans. In addition, it offers international banking, multi-state deposit, and investment services; and asset-based lending and factoring of accounts receivable to small businesses located in the western United States, as well as issues debit cards, and operates a network of automated teller machines. As of December 31, 2007, the bank operated 60 branch offices located in Los Angeles, Orange, Riverside, San Bernardino, and San Diego Counties, California. The company was founded in 1999. It was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in May 2008. The company is based in San Diego, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    PacWest Bancorp's Corporate Governance Quotient (CGQ®) as of 1-Nov-08 is better than 53.7% of S&P 400 companies and 91.8% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Matthew P. Wagner , 51
    Chief Exec. Officer, Director, Chairman of Asset Liability Management Committee, Member of Credit Risk Committee, Member of Exec. Committee, Chairman of Pacific Western Bank, Chief Exec. Officer of Pacific Western Bank and Pres of Los Angeles Region - Pacific Western Bank
    $ 708.00K $ 7.24M
    Mr. Michael J. Perdue , 53
    Pres, Pres of Pacific Western Bank of Pacific Western Bank
    $ 310.00KN/A
    Mr. Victor R. Santoro , 59
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Exec. VP of Pacific Western Bank of Pacific Western Bank
    N/A N/A
    Mr. Jared M. Wolff , 38
    Exec. VP, Sec., Gen. Counsel, Exec. VP of Pacific Western Bank, Sec. of Pacific Western Bank, Gen. Counsel of Pacific Western Bank of Pacific Western Bank
    $ 272.00K $ 528.00K
    Mr. William T. Powers , 67
    Pres of Desert Region - Pacific Western Bank of Pacific Western Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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