| Nasdaq: PACW
PacWest Bancorp is a bank holding company, which provides commercial banking services, including real estate, construction and commercial loans, to small and medium-sized businesses through its wholly-owned banking subsidiary, Pacific Western Bank. It offers a broad range of banking products and services including: accepting demand, money market, and time deposits; originating loans, including commercial, real estate construction, real estate mini perm, SBA guaranteed and consumer loans; and providing other business-oriented products. It also focuses on conducting business with small to medium size businesses in marketplace and the owners and employees of those businesses. The company operates its business through two segments: Banking and Asset Financing. The Asset Financing segment includes the operations of the divisions and subsidiaries that provide asset-based commercial loans and equipment leases. PacWest was founded on October 22, 1999 and is headquartered in Los Angeles, CA.