Exhibit 99.1


[LOGO THE CEREGHINO GROUP                CLIENT:  PBOC HOLDINGS, INC.]
CORPORATE INVESTOR RELATIONS             CONTACT: Rudy Guenzel, President & CEO
5333 - 15TH AVENUE SOUTH, SUITE 1500              (323) 954-6650
SEATTLE, WA 98108
206.762.0993 www.stockvalues.com

NEWS RELEASE
================================================================================


      PBOC STOCKHOLDERS APPROVE MERGER AGREEMENT WITH FBOP CORPORATION AT
                        SPECIAL MEETING OF STOCKHOLDERS

Los Angeles, CA, April 19, 2001 - PBOC Holdings, Inc. (Nasdaq: PBOC) announced
today that at a Special Meeting of its Stockholders held today, its stockholders
had approved, by the requisite vote required by law, the Agreement and Plan of
Merger, as amended, between PBOC, FBOP Corporation and FBOP Acquisition Company.
Under the terms of the Agreement, FBOP Acquisition Company will merge with and
into PBOC, with PBOC continuing as a wholly-owned subsidiary of FBOP
Corporation. FBOP Corporation has received Federal Reserve Board approval and
the parties expect to consummate the transaction on or about April 30, 2001.
Upon consummation of the transaction, each stockholder of PBOC will receive
$10.00 per share in cash for each share of PBOC common stock held.

PBOC Holdings, Inc. is the parent company for People's Bank of California, a
federally chartered savings bank, which has 26 full-service branch offices
located in Orange, Ventura and Los Angeles Counties in Southern California.

WHEN USED IN THIS PRESS RELEASE OR OTHER PUBLIC OR STOCKHOLDER COMMUNICATIONS,
OR IN ORAL STATEMENTS MADE WITH AN APPROVAL OF AN AUTHORIZED EXECUTIVE OFFICER,
THE WORDS OR PHRASES "WOULD BE", "WILL ALLOW", "INTENDS TO", "WILL LIKELY
RESULT", "EXPECT TO", "WILL CONTINUE", "IS ANTICIPATED", "ESTIMATE", "PROJECT",
OR SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY "FORWARD LOOKING STATEMENTS"
WITHIN THE MEANING OF THE PRIVATE LITIGATION REFORM ACT OF 1995.

THE COMPANY WISHES TO CAUTION READERS NOT TO PLACE UNDUE RELIANCE ON ANY SUCH
FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE MADE, AND TO ADVISE
READERS THAT VARIOUS FACTORS, INCLUDING THE ABILITY TO SUCCESSFULLY CONSUMMATE
THE TRANSACTION AND REGULATORY FACTORS, COULD CAUSE THE COMPANY'S ACTUAL RESULTS
FOR FUTURE PERIODS TO DIFFER MATERIALLY FROM THOSE ANTICIPATED OR PROJECTED. THE
COMPANY DOES NOT UNDERTAKE, AND SPECIFICALLY DISCLAIMS ANY OBLIGATION, TO UPDATE
ANY FORWARD-LOOKING STATEMENTS TO REFLECT OCCURRENCES OR UNANTICIPATED EVENTS OR
CIRCUMSTANCES AFTER THE DATE OF SUCH STATEMENTS.

                                     # # #

NOTE: Transmitted on Business Wire at 1:27 p.m. PDT, April 19, 2001.