LAFAYETTE, Calif.--(BUSINESS WIRE)--California Bank of Commerce (CABC) and Pan Pacific Bank (PPFC) today jointly announced the execution of an Agreement and Plan of Reorganization (the “Agreement”) whereby Pan Pacific Bank will merge into California Bank of Commerce in a transaction valued at approximately $24.3 million. The strategic partnership will result in a business bank with over $620 million in total assets dedicated to serving middle market businesses in the San Francisco Bay Area. Sha