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First Mountain Bank and PBB Bancorp/ Premier Business Bank in Merger Talks

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BIG BEAR LAKE, Calif. & LOS ANGELES--(BUSINESS WIRE)--First Mountain Bank (“FMB”) and PBB Bancorp/ Premier Business Bank (“PBB”) announced today that they have entered into exclusive negotiations for the combination of the two banks. Discussions are advanced. The parties anticipate that a merger agreement will be signed and terms announced by mid-June 2015. Vince Smith, Chairman of FMB, stated: “We are pleased with the progress of the merger process and the opportunity to combine with Premier B

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