Capital Corp of the West Announces Pricing for Offering of Stock.MERCED, Calif.--(BUSINESS WIRE)--Aug. 22, 1997--Capital Corp of the West (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CCOW CCOW Clinical Context Object Workgroup CCOW Channel Control Order Wire CCOW Control Channel Order Wire CCOW Contributing to Coalition Operations Worldwide CCOW Computer Care on Wheels (Brantford, Ontario, Canada) ) announced that its offering of 1,500,000 shares of common stock was priced at $11.50 per share. The offering was underwritten by Sutro & Co. Incorporated. Proceeds of the offering, after underwriters' discounts and expenses, are estimated at $15.6 million and will be used to finance the acquisition of three branches of Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. in Livingston, Dos Palos and Mariposa in California's Central Valley and for general corporate purposes. Capital Corp of the West is the parent of County Bank and Town and Country Finance and Thrift Company. At June 30, 1997, the Company had consolidated assets of $293 million, net loans of $193 million and deposits of $258 million. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities has been filed with the Securities and Exchange Commission and was declared effective on August 21, 1997. A copy of the prospectus may be obtained from Sutro & Co. Incorporated, 201 California Street, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA 94111. For more information contact Janey Boyce, Chief Financial Officer, or Thomas T. Hawker, Chief Executive Officer, Capital Corp of the West, 1160 West Olive Avenue, Merced, California, 93348, telephone 209/725-2269. CONTACT: Capital Corp of the West Janey Boyce or Thomas T. Hawker, 209/725-2269 |
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