FS Bancorp, Inc. Completes Acquisition of Pacific West Bancorp
Acquiring Company
FS Bancorp
Acquired Company
Pacific West Bancorp
Description
Effective August 19, 2026, FS Bancorp, Inc. completed its acquisition of Pacific West Bancorp. The merger involved Pacific West Bank merging with FS Bancorp, enabling 1st Security Bank of Washington to survive the merger. Shareholders of Pacific West had options to elect for common stock or cash as part of the consideration.
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Based on deal dataFrequently asked
Who acquired Pacific West Bancorp?
Pacific West Bancorp was acquired by FS Bancorp, based in United States. The deal was reported on August 21, 2026. FS Bancorp, Inc. is the holding company for 1st Security Bank of Washington. FS Bancorp is publicly traded (FSBW) and operates in Financial Services.
When did FS Bancorp acquire Pacific West Bancorp?
FS Bancorp's acquisition of Pacific West Bancorp was reported on August 21, 2026. Effective August 19, 2026, FS Bancorp, Inc. completed its acquisition of Pacific West Bancorp. The merger involved Pacific West Bank merging with FS Bancorp, enabling 1st Security Bank of Washington to survive the merger. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pacific West Bancorp do?
Pacific West Bancorp is the holding company for Pacific West Bank, focused on the Greater Portland metropolitan area. It has approximately $386 million in assets and operates four branch locations. It is privately held, operating in Financial Services, and is based in Oregon.
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