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4 - California BanCorp \ CA (0001795815) (Issuer)
4 - California BanCorp \ CA (0001795815) (Issuer)
3 - California BanCorp \ CA (0001795815) (Issuer)
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
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
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
10-Q - California BanCorp \ CA (0001795815) (Filer)
S-8 - California BanCorp \ CA (0001795815) (Filer)
8-K - California BanCorp \ CA (0001795815) (Filer)
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
San Diego, Calif., April 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 first quarter of 2024. Southern California Bancorp reported net income of $4.9 million for the first quarter of 2024, or $0.26 per diluted share, compared to net income of $4.4 million, or $0.24 per diluted share in the fourth quarter of 2023, and $8.2 million, or $0.44 per diluted share in the first quarter of 2023. "I'm pleased to report a modest improvement in the Bank's quarter-over-quarter earnings and performance me
— The Company Also Announced in a Separate Release that it has Entered into a Merger Agreement with California BanCorp San Diego, Calif., Jan. 30, 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 fourth quarter and full year of 2023. Southern California Bancorp reported net income of $4.4 million for the fourth quarter of 2023, or $0.24 per diluted share, compared to net income of $8.5 million, or $0.46 per diluted share in the fourth quarter of 2022, and net income of $6.6 million, or $0.35 pe
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
San Diego, Calif., Jan. 19, 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 the retirement of Chairman Emeritus and Director John Farkash, effective Tuesday, January 16, 2024, due to health reasons. Mr. Farkash was a Founding Director of the Company in 2002 and served as its chairman for nearly 20 years. "John Farkash was instrumental in the founding of our Company and has played a key role in its development for more than two decades," said David Rainer, Chairman and CEO of the Company and the Bank. "We recognize his leadership and thank him for the
San Diego, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Bank of Southern California, N.A. (the "Bank") the wholly owned subsidiary of Southern California Bancorp (the "Company") (NASDAQ:BCAL), announces the Bank has been named as one of American Banker's 2023 Best Banks to Work For. The recognition is partially based on an employee survey conducted by the Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees. This is the 11th year the survey has been conducted and the first year Bank of Southern California has been honored, with the distinction of being one of only four banks located in Southern California to be named to this prestigiou
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 Southern California Bancorp also approved a change of the company's name fro
Southern California Bancorp (NASDAQ:BCAL) and California BanCorp (NASDAQ:CALB) announce they have received required regulatory approvals from the Office of the Comptroller of the Currency and the Federal Reserve Bank of San Francisco necessary to complete their previously announced merger of equals between the two bank holding companies and their respective subsidiaries, Bank of Southern California, N.A., and California Bank of Commerce. Under the terms of the agreement, dated January 30, 2024, California BanCorp will merge with and into Southern California Bancorp. The consummation of the proposed transaction is expected to close in the third quarter of 2024, subject to the satisfaction of
Southern Calif Bancorp (NASDAQ:BCAL) reported quarterly earnings of $0.26 per share which met the analyst consensus estimate. The company reported quarterly sales of $21.907 million which missed the analyst consensus estimate of $22.782 million by 3.84 percent. This is a 17.21 percent decrease over sales of $26.462 million the same period last year.