Federal Reserve Board announces approval of application by TriCo Bancshares

The following press release was published by the Board of Governors of the Federal Reserve System on March 1. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced its approval of the application by TriCo Bancshares, Chico, California, to acquire Valley Republic Bancorp, and thereby indirectly acquire its subsidiary bank, Valley Republic Bank, both of Bakersfield, California.

Attached is the Board's order relating to this action.

For media inquiries, please email media@frb.gov or call 202-452-2955.

Source: Board of Governors of the Federal Reserve System