CBB Bancorp to acquire Ohana Pacific Bank for $25m.

CBB Bancorp, a banking service provider, agreed to acquire Ohana Pacific Bank, a community bank headquartered in Hawaii, for $25m. “As a community bank, our top priority has always been our customers, our employees and our Korean-American community. Our merger with CBB will increase our legal lending limit and expand our product offerings to our customers, and will greatly benefit the Korean community. We’ve become very familiar with CBB’s franchise over the years, and are excited about the opportunities that will come from being a part of this extraordinary platform," James C. Hong, Ohana Pacific Bank President and CEO.