Business NewsMarketWire • First California Announces Commencement of Common Stock Offering

First California Announces Commencement of Common Stock Offering

First California Announces Commencement of Common Stock Offering

WESTLAKE VILLAGE, CA--(Marketwire - March 17, 2010) -  First California Financial Group, Inc. (NASDAQ: FCAL), the holding company of First California Bank, today announced that it has commenced an offering of 10,000,000 shares of its common stock in an underwritten public offering through Keefe, Bruyette & Woods. First California intends to grant the underwriter a 30-day option to purchase up to an additional 1,500,000 shares of common stock to cover over-allotments, if any.

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First California Announces Commencement of Common Stock Offering