U.S. Bancorp Bets on Southern California Growth, Taking on Bank of America Dec 5, 2008
That hasnt translated into market leadership: U.S. Bancorp was ranked just 14th by deposits in the Los Angeles area before it acquired branches of failed lenders Downey Financial Corp. and PFF Bancorp last month. is buying banks and moving executives to keep up with Bank of America, Wells Fargo & Co. and JPMorgan Chase & Co., which have expanded in Southern California through acquisitions. (Bloomberg -- US)
FBOP's purchase of PFF off after Feds seize Calif. thrift Nov 25, 2008
5 million deal to acquire PFF Bancorp Inc. is off after the federal government on Friday took over the ailing California holding companys thrift operations and sold its retail operations to Minnesota-based U.S. Bancorp. The development is the latest setback for Oak Park-based FBOP, the Chicago areas second largest bank holding company, which is owned by River Forest billionaire Michael Kelly. (Crain's Chicago Business)
Keller Rohrback L.L.P. Announces ERISA Breach of Fiduciary Duty Investigation Regarding the PFF Bank & Trust 401K Plan and the PFF Bank & Trust Employee Stock Ownership Plan Oct 25, 2008
Keller Rohrback L.L.P. () today announced that it is investigating PFF Bancorp, Inc. (``PFF'' or the ``Company'') (OTC BB: - ) for potential violations of the Employee Retirement Income Security Act of 1974, as amended (``ERISA''). The investigation focuses on investments in Company stock in the PFF Bank & Trust 401k Plan and the PFF Bank & Trust Employee Stock Ownership Plan (collectively, the ``Plans''). (Primezone Releases)
PFF Bancorp Files Definitive Proxy Statement for Special Meeting of Stockholders to Approve Merger Aug 27, 2008
Aug. 26 /PRNewswire-FirstCall/ -- PFF Bancorp, Inc. ("PFF Bancorp" or the "Company"), the holding company of PFF Bank , Glencrest Investment Advisors, Inc., and Diversified Builder Services, Inc., today announced that the Company has filed with the Securities and Exchange Commission (the "SEC") the definitive proxy statement for the purpose of voting on a proposal to approve the merger agreement with FBOP Corporation, the parent company of California National Bank ... Under the terms of the... (PR Newswire)
PFF Bancorp to Commence Trading on the OTC Bulletin Board Jul 26, 2008
July 25 /PRNewswire-FirstCall/ -- PFF Bancorp, Inc. (NYSE: ) ("PFF Bancorp" or the "Company"), the holding company of PFF Bank , Glencrest Investment Advisors, Inc., and Diversified Builder Services, Inc., today announced that arrangements for the transition of trading of the Company's common stock from the New York Stock Exchange ("NYSE") to the over-the-counter market have been completed ... Effective Monday, July 28, 2008, the Company's stock will be traded in the over-the-counter market and... (PR Newswire)
PFF Bancorp to Move Trading of Its Shares to the Over the Counter Market Jul 16, 2008
July 15 /PRNewswire-FirstCall/ -- PFF Bancorp, Inc. (NYSE: ) ("PFF Bancorp" or the "Company"), the holding company of PFF Bank (the "Bank"), Glencrest Investment Advisors, Inc., and Diversified Builder Services, Inc., today announced that the Company's Board of Directors has determined to move the trading of its common stock from the New York Stock Exchange ("NYSE") to the OTC Bulletin Board ("OTCBB") ... The transition to the over-the-counter market will have no effect on PFF Bancorp's... (PR Newswire)
Piggy banks squealing Jul 13, 2008
In one case, Rancho Cucamonga-based PFF Bancorp, which has $4. 4 billion in assets, recently agreed to be acquired by privately held FBOP 7/8 the parent of San Diego National Bank 7/8 for $30. (San Diego Union-Tribune -- Business)
Small Banks: How Fragile Are They? Jun 26, 2008
One smaller bank that has faced trouble recently is PFF Bancorp, a Rancho Cucamonga (Calif. company that focused on loans to real estate developers. (KFOR Oklahoma City, OK)
Housing woes hit community banks Jun 18, 2008
But the bank's losses on such lending has soared, sending the stock price of its parent company, PFF Bancorp, down 90% this year. Desperate for fresh capital, the company agreed Monday to be acquired for $30. (Yahoo News -- Real Estate)
FBOP circles back to buy Calif.s PFF Jun 17, 2008
PFF Bancorp Inc., with $4 ... At the time, PFF CEO Kevin McCarthy wrote Mr. Kelly of his great confidence in PFF Bancorps leadership and strategic plan. (Crain's Chicago Business)
PFF Bancorp, Inc. Announces Preliminary Credit-Related Information for the Third Fiscal Quarter and Revised Date for Earnings Release and Conference Call Jan 16, 2008
Jan. 15 /PRNewswire-FirstCall/ -- PFF Bancorp, Inc. (NYSE: ) announced today that it expects to record a consolidated provision for loan and lease losses for the quarter ended December 31, 2007 comparable to the provision recorded for the quarter ended September 30, 2007, primarily reflecting continued weakness in the Company's residential construction and land loan portfolio ... The conference call can be accessed by dialing (800) 311-9403 and referencing PFF Bancorp Conference Call ...... (PR Newswire)
Calif. lender opposes Kelly's plan to increase stake Dec 22, 2007
(Crains) Local billionaire banker is moving to increase his stake to up to 25% of Southern California lender PFF Bancorp Inc. prompting PFFs chief executive to warn Mr. Kelly to back off ... In his letter, Mr. McCarthy said he had told Mr. Kelly already of his great confidence in PFF Bancorps leadership and strategic plan. (Crain's Chicago Business)
PFF Bancorp to Present at FBR Capital Markets Investor Conference Nov 22, 2007
Nov. 21 /PRNewswire-FirstCall/ -- PFF Bancorp, Inc. (NYSE: ), the holding company for PFF Bank , Diversified Builder Services, Inc. and Glencrest Investment Advisors, Inc., is scheduled to present at the 2007 FBR Capital Markets Investor Conference in New York on Tuesday November 27, at 4 ... A copy of the slide presentation will be posted to the PFF Bancorp website at on November 27 ... SOURCE PFF Bancorp, Inc.. (PR Newswire)
PFF Bancorp Inc. to Host Second Quarter Earnings Conference Call and Webcast Sep 19, 2007
Sept. 18 /PRNewswire-FirstCall/ -- PFF Bancorp, Inc. (NYSE: ) will issue a press release announcing its results for the quarter ending September 30, 2007, immediately following the close of the market on Monday, October 22, 2007 ... The conference call can be accessed by dialing 1 (800) 936-9754 and referencing PFF Bancorp, Inc. Second Quarter Conference Call ... Individual investors can listen to the live call through PFF Bancorp, Inc. web site at. (PR Newswire)
PFF Bancorp Inc. Announces New Stock Repurchase Authorization Jul 26, 2007
July 25 /PRNewswire-FirstCall/ -- PFF Bancorp, Inc. (NYSE: ), the holding company for PFF Bank , Diversified Builder Services, Inc. and Glencrest Investment Advisors, Inc., today announced that its Board of Directors has authorized the addition of 1 ... SOURCE PFF Bancorp, Inc.. (PR Newswire)
PFF Bancorp, Inc. Announces Credit-Related Charge Jul 12, 2007
July 11 /PRNewswire-FirstCall/ -- PFF Bancorp, Inc. (NYSE: ), the holding company for PFF Bank (the "Bank"), Glencrest Investment Advisors, and Diversified Builder Services (DBS), announced today that it expects to record a provision for loan and lease losses in the range of $20 ... The conference call can be accessed by dialing 1 (888) 459-5609 and referencing PFF Bancorp, Inc. First Quarter Conference call ... SOURCE PFF Bancorp, Inc.. (PR Newswire)
PFF Bancorp Inc. Declares Quarterly Dividend and Announces New Stock Repurchase Authorization May 24, 2007
May 23 /PRNewswire-FirstCall/ -- PFF Bancorp Inc. (NYSE: ), the holding company for PFF Bank , Glencrest Investment Advisors, Inc. and Diversified Builder Services, Inc., today announced that its Board of Directors declared a quarterly cash dividend of $0 ... SOURCE PFF Bancorp Inc.. (PR Newswire)
