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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
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
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
10-Q - California BanCorp \ CA (0001795815) (Filer)
8-K - California BanCorp \ CA (0001795815) (Filer)
8-K/A - California BanCorp \ CA (0001795815) (Filer)
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
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
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
4 - California BanCorp \ CA (0001795815) (Issuer)
3 - California BanCorp \ CA (0001795815) (Issuer)
4 - California BanCorp \ CA (0001795815) (Issuer)
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.
SC 13G/A - California BanCorp \ CA (0001795815) (Subject)
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
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