BANKING
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Compiled by James S. Granelli, Times staff writer
It’s official: For the owners of failed Huntington Pacific Thrift & Loan, the other shoe dropped this week.
Southern Counties Bancorp, which owned the Huntington Beach institution before regulators closed it on Dec. 4, filed for liquidation in U.S. Bankruptcy Court in Santa Ana. The company listed assets of $46,000 and debts of $5.7 million.
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