SEC Filing Summary: First PacTrust Bancorp, Inc.
Business Context and Reporting Period
This Form 8-K was filed on August 24, 2011, reporting events occurring on August 23, 2011. The registrant is First PacTrust Bancorp, Inc., a Maryland corporation headquartered in Chula Vista, California. Note: The request metadata references "BANC OF CALIFORNIA, INC.", but the filing text explicitly identifies the issuer as "First PacTrust Bancorp, Inc."
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures. The primary financial disclosure is the approval of a capital investment.
- Capital Investment: Approved investment of up to $32.0 million in preferred stock.
- Investor: United States Department of the Treasury.
- Program: Small Business Lending Fund (SBLF).
Material Changes
The material change reported is the regulatory approval to receive the aforementioned $32.0 million investment under the SBLF program. No other material changes to financial position or operations are detailed in this specific filing text.
Guidance, Outlook, and Risks
The filing references a press release (Exhibit 99.1) and investor presentation material (Exhibit 99.2) regarding the SBLF investment but does not contain specific management commentary, forward-looking guidance, risk factors, or contingencies within the body of the 8-K text provided.
Investor Verification Checklist
- Verify the exact terms and conditions of the $32.0 million preferred stock issuance in the attached press release (Exhibit 99.1).
- Review the investor presentation (Exhibit 99.2) for details on how the SBLF funds will be utilized for small business lending.
- Confirm the distinction between First PacTrust Bancorp, Inc. and Banc of California, Inc., as the filing text identifies the former.
- Check subsequent filings for the actual closing date and final amount of the Treasury investment.