1st Pacific Bancorp is a bank holding company. 1st Pacific Bank of California (the Bank) is a wholly owned subsidiary of the Company. The Bank operates as a commercial bank. The Company operates through its eight branch offices. The Company�s primary source of revenue is interest earned on loans it provides to customers. The Company funds its lending activities primarily through providing deposit products and services to customers. The Company�s customers are primarily small and medium-sized businesses and professionals in San Diego County. In February 2008, the Company opened a limited service branch office in downtown San Diego.