Beverly Hills Bancorp Inc. operates as a bank holding company, which through its subsidiaries provides commercial banking and lending services primarily in southern California. Its deposit products include checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, and certificates of deposits. The company's loan portfolio includes commercial and multifamily real estate lending loans, as well as single-family residential, multifamily residential, commercial real estate, construction, and consumer loans. The company was formerly known as Wilshire Financial Services Group Inc. and changed its name to Beverly Hills Bancorp Inc. in August, 2004. The company was incorporated in 1996 and is based in Calabasas, California. On April 15, 2014, Beverly Hills Bancorp Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. The plan was later approved as Chapter 11 liquidation on November 20, 2014.