First Foundation Completes Merger With Pacific Rim Bank

Stradling client First Foundation Inc. completed the merger transaction of Pacific Rim Bank with and into First Foundation Bank, a wholly owned subsidiary of First Foundation Inc.  Pacific Rim Bank will assume the First Foundation Bank name. FFI is now a financial services firm spanning eight geographic regions in Hawaii, California, and Nevada. 

Stradling’s banking and financial services team, led by Ben Frydman, represented First Foundation Bank on the deal.