Oceanic Bank Holding, Inc. sells all stocks to FNB Bancorp

In March 27, 2012, the Trustee of the Shareholders of Oceanic Holding (BVI) Limited, has entered into a definite agreement with FNB Bancorp (FNBG), parent company of First National Bank of Northern California, whereby the former agrees to sell to FNB Bancorp all of the outstanding stocks of Oceanic Bank Holding, Inc., the parent company of Oceanic Bank. The sale and purchase is expected to close during the third quarter of 2012 and is subject to regulatory approval. Oceanic Bank has been serving its customers for over thirty years in two offices in San Francisco, California and in an office on the island of Guam. - https://www.affordablecebu.com/