Castle Creek Capital Partners Iv Lp Exits Position in Heritage Oaks Bancorp (HEOP)

Heritage Oaks Bancorp (HEOP) : Castle Creek Capital Partners Iv Lp has sold out all of its stake in Heritage Oaks Bancorp during the most recent quarter, according to the disclosure filed by the company on Apr 12, 2016 with the SEC. The investment management company has sold out 1,641,996 shares of Heritage Oaks Bancorp which is valued at $13,497,207.

Heritage Oaks Bancorp opened for trading at $8.03 and hit $8.24 on the upside on Friday, eventually ending the session at $8.22, with a gain of 1.73% or 0.14 points. The heightened volatility saw the trading volume jump to 16,273 shares. Company has a market cap of $281 M.

Heritage Oaks Bancorp is the holding company for Heritage Oaks Bank (the Bank). The Bank offers traditional banking products such as checking savings money market account and certificates of deposit as well as mortgage loans and commercial and consumer loans to customers who are predominately small to medium-sized businesses (SMBs) and individuals. The Bank offers its products and services through 12 retail branches located on the Central Coast of California in San Luis Obispo and Santa Barbara Counties and through other direct channels. The Bank offers to its commercial clients commercial loans secured by real estate other commercial loans and lines of credit agricultural loans construction financing other real estate loans and small business administration (SBA) loans. For consumers the Bank offers residential mortgages equity lines of credit and other consumer loans.

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