First PacTrust Bancorp plans to price public sale of its common shares

Company also plans registered direct offering of stock at same price

By Devika Patel

Knoxville, Tenn., June 20 - First PacTrust Bancorp, Inc. will price a registered direct sale and public offering of common stock at the same price per share, according to a preliminary prospectus supplement filed Thursday with the Securities and Exchange Commission.

Proceeds will be used for possible acquisitions, support of organic growth, investments in subsidiaries, investments in securities and general corporate purposes.

The savings and loan holding company is based in Irvine, Calif.

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