Pacific Bankcorporation

Two San Joaquin Valley Banks Merging: ValliCorp Holdings in Fresno reached agreement to absorb Pacific Bankcorporation, parent of Community First Bank of Bakersfield, in a stock swap valued at $9.2 million. The combined banks will have assets of $622 million, making the merged institution the 18th-largest bank in the state.

Two San Joaquin Valley Banks Merging: ValliCorp Holdings in Fresno reached agreement to absorb Pacific Bankcorporation, parent of Community First Bank of Bakersfield, in a stock swap valued at $9.2 million. The combined banks will have assets of $622 million, making the merged institution the 18th-largest bank in the state.