Francisco-based BankAmerica (now called Bank of America), a deal that was at the time one of the largest bank mergers in history. Federal regulators, however, forced the sale of Security Pacific's Washington subsidiary, Rainier Bank, as the combination of Seafirst and Rainier would have given BankAmerica too large a share of the market in that state. The Rainier Bank branches were divided and sold off to West One Bancorp (now U.S. Bancorp) and KeyBank. Later that year, BankAmerica expanded into Nevada by acquiring Valley Bank of Nevada. In 1993, Bank of America changed Security Pacific Asian Bank's name to Bank of America (Asia). In 1994 Arab-Malaysian Bank acquired Security Pacific Asian Bank operations in Malaysia. In 2000, Robert H. Smith, Security Pacific's last chairman and CEO, published a book called Dead Bank Walking: One Gutsy Bank's Struggle For Survival And The Merger That Changed Banking Forever, which chronicled the merger with Bank of America. New Security Pacific Bank A new Security Pacific Bank emerged in February 2005, the result of a name change by a bank formerly known as Network Bank USA and, prior to that, Golden Pacific Bank. The new Security Pacific Bank (which failed on November 7, 2008) had no relation to Bank of America or the former Security Pacific National Bank, although it did use a similar interlocking "S" logo as the former bank. After its closure, it was acquired by Pacific Western Bank. References External links , Collection Number: 1577 (69 boxes), UCLA Library Special Collections, Charles E. Young Research Library — Mostly property appraisal files for loans in the greater Los Angeles area (ca. 1934-41). Defunct banks of the United States History of Los Angeles Bank of America legacy banks Banks disestablished in 1992 Banks established in 1870 American companies disestablished in 1992 American companies established in 1870