Item 2. Properties
ITEM 2.
PROPERTIES
The principal executive offices of the Company and the Bank are located in Ontario, California, and are owned by the Company.
As of December 31, 2020, the Bank occupied a total of 60 premises consisting of (i) 57 Banking Centers (“Centers”) of which one Center is located at our Corporate Headquarters in Ontario California, (ii) three operation and technology centers, and (iii) one loan production office in Modesto, California. We own 15 of these locations and the remaining properties are leased under various agreements with expiration dates ranging from 2020 through 2028. All properties are located in Southern and Central California.
For additional information concerning properties, see Note 9 — Premises and Equipment
of the Notes to the consolidated financial statements included in this report. See “Item 8 — Financial Statements and Supplemental Data
.”
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