PacWest Bancorp operates as the holding company for Pacific Western Bank that provides commercial banking products and services to individuals, professionals, and small to mid-sized businesses in the United States. It accepts demand, money market, and time deposits. Its real estate loans include mini-perm loans and construction loans; commercial loans comprise asset secured loans, cash flow secured loans, term business loans, and equipment secured loans and leases, as well as SBA loans; and consumer loans, such as personal loans, auto loans, home equity lines of credit, revolving lines of credit, and other loans. The company also provides international banking, multi-state deposit, and investment services, as well as out-of-service area services; telephone customer and on-line banking services; and foreign exchange services. As of January 31, 2015, it had 80 full-service branch offices and 62 other offices. The company was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in April 2008. PacWest Bancorp was founded in 1999 and is based in Beverly Hills, California.