BCAL California BanCorp

California BanCorp Press Releases

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CALIFORNIA BANCORP ANNOUNCES INCREASE IN SHARE REPURCHASE PROGRAM AND THE REDEMPTION OF SUBORDINATED NOTES
San Diego, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- California Bancorp (the "Company") (NASDAQ:BCAL), the holding company for California Bank of Commerce, N.A. (the "Bank"), announces that its Board of Directors has authorized an increase in the number of shares of the Company's common stock that may be repurchased pursuant to its share repurchase program to 1.6 million shares, up from 550,000 shares when the program was first announced on June 15, 2023. The increase allows for the repurchase of approximately 4.9% of the Company's outstanding shares of common stock. No stock has yet been repurchased through the original or increased repurchase program. "The increase in our share repurchas
5/1/25 5:00:00 PM ET
$BCAL
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CALIFORNIA BANCORP REPORTS NET INCOME OF $16.9 MILLION FOR THE FIRST QUARTER OF 2025
San Diego, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- California BanCorp ("us," "we," "our," or the "Company") (NASDAQ:BCAL), the holding company for California Bank of Commerce, N.A. (the "Bank") announces its consolidated financial results for the first quarter of 2025. The Company reported net income of $16.9 million, or $0.52 per diluted share, for the first quarter of 2025, compared to $16.8 million, or $0.51 per diluted share for the fourth quarter of 2024, and net income of $4.9 million, or $0.26 per diluted share for the first quarter of 2024. "I'm pleased to report our strong first quarter earnings of $16.9 million, the second strong quarter of combined financial results since t
4/24/25 8:00:00 AM ET
$BCAL
Major Banks
Finance
CALIFORNIA BANCORP REPORTS NET INCOME OF $16.8 MILLION FOR THE FOURTH QUARTER AND $5.4 MILLION FOR THE FULL YEAR OF 2024
San Diego, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- California BanCorp ("us," "we," "our," or the "Company") (NASDAQ:BCAL), the holding company for California Bank of Commerce, N.A. (the "Bank") announces its consolidated financial results for the fourth quarter and full year of 2024. The Company reported net income of $16.8 million, or $0.51 per diluted share, for the fourth quarter of 2024, compared to a net loss of $16.5 million, or $0.59 per diluted share for the third quarter of 2024, and net income of $4.4 million, or $0.24 per diluted share for the fourth quarter of 2023. The Company reported net income of $5.4 million, or $0.22 per diluted share, for the full year of 2024, compar
1/29/25 8:00:00 AM ET
$BCAL
Major Banks
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California Bank of Commerce Names Jerry Legg Director of Public Sector Banking
San Diego, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- California Bank of Commerce, N.A. (the "Bank"), the wholly owned subsidiary of California BanCorp (NASDAQ:BCAL), announces the appointment of Jerry Legg as Senior Vice President, Director of Public Sector Banking, effective November 12, 2024. Legg will report to Executive Vice President, Specialty Banking Manager Chris Barr and serve out of the Bank's Sacramento office. "We're excited to welcome Jerry to the CBC family," said Chris Barr, Executive Vice President, Specialty Banking Manager for the Bank. "He brings more than 30 years of experience in public sector banking and a proven track record of developing and maintaining banking rel
11/14/24 4:15:00 PM ET
$BCAL
Major Banks
Finance
CALIFORNIA BANCORP REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2024
San Diego, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- California BanCorp ("us," "we," "our," or the "Company") (NASDAQ:BCAL), the holding company for California Bank of Commerce, N.A. (the "Bank") announces its consolidated financial results for the third quarter of 2024. The Company reported net loss of $16.5 million for the third quarter of 2024, or $0.59 diluted loss per share, compared to net income of $190 thousand, or $0.01 per diluted share in the second quarter of 2024, and $6.6 million, or $0.35 per diluted share in the third quarter of 2023. "As we previously reported, the merger of Southern California Bancorp and California BanCorp closed on July 31, 2024, and I am pleased to a
10/29/24 8:00:00 AM ET
$BCAL
Major Banks
Finance
California Bank of Commerce Names Michele Wirfel Chief Operating Officer
San Diego, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- California Bank of Commerce, N.A. (the "Bank"), the wholly owned subsidiary of California BanCorp (the "Company") (NASDAQ:BCAL), announces the promotion of Michele Wirfel to Executive Vice President, Chief Operating Officer of the Company and Bank as of September 20, 2024. Wirfel succeeds Thomas Sa who has stepped down to pursue opportunities outside the organization. Wirfel will report to Chief Executive Officer Steven Shelton and serve out of the Bank's Walnut Creek office. "I am pleased to announce the appointment of Michele Wirfel to Chief Operating Officer," said Steven Shelton, Chief Executive Officer of California Bank of Comm
9/26/24 4:10:00 PM ET
$BCAL
Major Banks
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Southern California Bancorp and California Bancorp Complete Merger of Equals
SAN DIEGO and OAKLAND, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Southern California Bancorp (NASDAQ:BCAL), the holding company for Bank of Southern California, N.A., and California BanCorp, the holding company for California Bank of Commerce, announce the successful closing of their previously announced merger of equals. Effective July 31, 2024, California BanCorp has merged with and into Southern California Bancorp, and California Bank of Commerce has merged with and into Bank of Southern California, N.A. The combined holding company has assumed the California BanCorp name, and the combined bank has assumed the California Bank of Commerce, N.A. name. The combined holding company will tra
7/31/24 4:45:44 PM ET
$BCAL
$CALB
Major Banks
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SOUTHERN CALIFORNIA BANCORP REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2024
San Diego, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- Southern California Bancorp ("us," "we," "our," or the "Company") (NASDAQ:BCAL), the holding company for Bank of Southern California, N.A. (the "Bank") announces its consolidated financial results for the second quarter of 2024. The Company reported net income of $190 thousand for the second quarter of 2024, or $0.01 per diluted share, compared to net income of $4.9 million, or $0.26 per diluted share in the first quarter of 2024, and $6.7 million, or $0.36 per diluted share in the second quarter of 2023. "Our second quarter of 2024 financial results were impacted by the sale of other real estate owned ("OREO") properties that
7/29/24 8:00:00 AM ET
$BCAL
Major Banks
Finance
Southern California Bancorp and California BanCorp Announce Receipt of Shareholder Approvals for Merger of Equals
SAN DIEGO and OAKLAND, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Southern California Bancorp (NASDAQ:BCAL), the holding company for Bank of Southern California, N.A., and California BanCorp (NASDAQ:CALB), the holding company for California Bank of Commerce, announce that at meetings of their respective shareholders held on July 17, 2024, Southern California Bancorp and California BanCorp shareholders approved the merger of California BanCorp with and into Southern California Bancorp, with Southern California Bancorp the surviving corporation pursuant to the Merger Agreement, dated January 30, 2024, by and between Southern California Bancorp and California BanCorp. Shareholders of Southe
7/18/24 8:00:00 AM ET
$BCAL
$CALB
Major Banks
Finance
Bank of Southern California Announces the Hiring of Three Seasoned Commercial Lenders
San Diego, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Bank of Southern California, N.A. ("us," "we," "our," or the "Bank"), the wholly owned subsidiary of Southern California Bancorp (NASDAQ:BCAL), announces it has hired a team of three seasoned commercial lenders. The team includes Ayub Kathrada, named Executive Vice President, Regional Manager; Dayana McAlister, named Senior Vice President, Relationship Manager Team Lead; and Ayaz Dadabhoy, named First Vice President, Portfolio Manager. The team will service the greater Los Angeles region out of the Bank's Cerritos office and report to Executive Vice President Sam Kunianski. "We are delighted to welcome the team of Ayub, Dayana and Aya
7/8/24 8:15:00 AM ET
$BCAL
Major Banks
Finance

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Executive Chairman Rainer David I returned $102,556 worth of shares to the company (7,000 units at $14.65) (SEC Form 4)

Bank Chief Financial Officer Carandang Jean covered exercise/tax liability with 1,181 shares, decreasing direct ownership by 3% to 41,990 units (SEC Form 4)

Director Volk David J. was granted 3,729 shares (SEC Form 4)

Director Di Tomaso Frank was granted 3,729 shares, increasing direct ownership by 2% to 247,371 units (SEC Form 4)

Director Muller Frank L. was granted 3,729 shares, increasing direct ownership by 12% to 34,709 units (SEC Form 4)

Director Martin Ricardo was granted 3,729 shares, increasing direct ownership by 18% to 23,976 units (SEC Form 4)

Director Klein Rochelle G. was granted 3,729 shares, increasing direct ownership by 13% to 32,316 units (SEC Form 4)

Director Cullen Kevin J. was granted 3,729 shares, increasing direct ownership by 5% to 71,980 units (SEC Form 4)

Director Machado Lester was granted 3,729 shares, increasing direct ownership by 24% to 19,166 units (SEC Form 4)

Director Cortese Stephen A. was granted 3,729 shares, increasing direct ownership by 1% to 346,231 units (SEC Form 4)

California BanCorp SEC Filings

SEC Form 144 filed by California BanCorp

SEC Form 8-K filed by California BanCorp

Amendment: SEC Form SCHEDULE 13G/A filed by California BanCorp

SEC Form 10-Q filed by California BanCorp

SEC Form DEFR14A filed by California BanCorp

California BanCorp filed SEC Form 8-K: Other Events, Regulation FD Disclosure

California BanCorp filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form DEFA14A filed by California BanCorp

SEC Form DEF 14A filed by California BanCorp

SEC Form 10-K filed by California BanCorp

California BanCorp Press Releases

Fastest customizable press release news feed in the world

CALIFORNIA BANCORP ANNOUNCES INCREASE IN SHARE REPURCHASE PROGRAM AND THE REDEMPTION OF SUBORDINATED NOTES

CALIFORNIA BANCORP REPORTS NET INCOME OF $16.9 MILLION FOR THE FIRST QUARTER OF 2025

CALIFORNIA BANCORP REPORTS NET INCOME OF $16.8 MILLION FOR THE FOURTH QUARTER AND $5.4 MILLION FOR THE FULL YEAR OF 2024

California Bank of Commerce Names Jerry Legg Director of Public Sector Banking

CALIFORNIA BANCORP REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2024

California Bank of Commerce Names Michele Wirfel Chief Operating Officer

Southern California Bancorp and California Bancorp Complete Merger of Equals

SOUTHERN CALIFORNIA BANCORP REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2024

Southern California Bancorp and California BanCorp Announce Receipt of Shareholder Approvals for Merger of Equals

Bank of Southern California Announces the Hiring of Three Seasoned Commercial Lenders