Heritage Oaks Bancorp (NASDAQ:HEOP) Files An 8-K Other Events

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Heritage Oaks Bancorp (NASDAQ:HEOP) Files An 8-K Other Events
Item 8.01. Other Events.

On November 29, 2016, Heritage Oaks Bank (the “Bank”), the wholly-owned subsidiary of Heritage Oaks Bancorp (the “Company”), announced the termination by the Federal Deposit Insurance Corporation (“FDIC”) and the California Department of Business Oversight (“DBO”) of the Consent Order that was issued on October 29, 2014 relating to the Bank’s Bank Secrecy Act compliance program (“Termination Order”).

A copy of the press release issued by the Company is included as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

Exhibit 99.1 Press release dated November 29, 2016


About Heritage Oaks Bancorp (NASDAQ:HEOP)

Heritage Oaks Bancorp is the holding company for Heritage Oaks Bank (the Bank). The Bank offers traditional banking products, such as checking, savings, money market account and certificates of deposit, as well as mortgage loans and commercial and consumer loans to customers who are predominately small to medium-sized businesses (SMBs) and individuals. The Bank offers its products and services through approximately 10 retail branches located on the Central Coast of California, in San Luis Obispo and Santa Barbara Counties and through other direct channels, including a loan production office in Ventura County. The Bank offers to its commercial clients commercial loans secured by real estate, other commercial loans and lines of credit, agricultural loans, construction financing, other real estate loans, and small business administration (SBA) loans. For consumers, the Bank offers residential mortgages equity lines of credit and other consumer loans.

Heritage Oaks Bancorp (NASDAQ:HEOP) Recent Trading Information

Heritage Oaks Bancorp (NASDAQ:HEOP) closed its last trading session up +0.02 at 10.13 with 24,129 shares trading hands.