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Wednesday, February 10, 2010, 10:50AM ET - U.S. Markets close in 5 hours and 10 minutes. Dow Down 0.57% Nasdaq Down 0.60%
PacWest Bancorp (PACW)At 10:35AM ET: 19.30  Down 0.29 (1.48%)  
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PacWest Bancorp
401 West A Street
San Diego, CA 92101
United States - Map
Phone: 619-744-7200
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:N/A

BUSINESS SUMMARY 
PacWest Bancorp operates as the bank holding company for Pacific Western Bank, provides banking products and services primarily in southern California, the United States. It accepts time and demand deposits; originates loans, including commercial, real estate construction, SBA guaranteed, consumer, and international loans; and other business-oriented products. The company also provides asset-based lending and factoring of accounts receivable to small businesses in Arizona, northern California, the Pacific Northwest, and Texas. In addition, it offers international banking services, multi-state deposit, and investment services, as well as foreign exchange services and safe deposit box rental services. Further, the company provides online banking services and operates a network of ATMs, as well as offers access to ATM networks through other service providers. As of March 31, 2009, it operated 61 full-service community banking branches in Los Angeles, Orange, San Bernardino, Riverside, and San Diego counties. PacWest Bancorp was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in May 2008. The company was founded in 1999 and is based in San Diego, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    PacWest Bancorp's Corporate Governance Quotient (CGQ®) as of 1-Feb-10 is better than 43.1% of S&P 400 companies and 90.2% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Matthew P. Wagner , 53
    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
    $ 1.50M $ 0
    Mr. Michael J. Perdue , 55
    Pres, Pres of Pacific Western Bank of Pacific Western Bank
    $ 549.00K $ 0
    Mr. Victor R. Santoro , 61
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Exec. VP of Pacific Western Bank of Pacific Western Bank
    $ 714.00K $ 0
    Mr. Jared M. Wolff , 40
    Exec. VP, Gen. Counsel, Exec. VP of Pacific Western Bank, Gen. Counsel of Pacific Western Bank of Pacific Western Bank
    $ 538.00K $ 0
    Mr. Casey Cecala III, 54
    Pres of Inland Empire Region - Pacific Western Bank
    $ 372.00K $ 0
    Dollar amounts are as of 31-Dec-08 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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