California BanCorp \ CA
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
BCAL$22.06-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Balance Sheets
| September 30,2025 | December 31,2024 | |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $95,046 | $60,471 |
| Federal funds and other interest-bearing balances | 464,170 | 327,691 |
| Total cash and cash equivalents | 559,216 | 388,162 |
| Debt securities available-for-sale, at fair value (amortized cost of $212,314 and $151,429 at September 30, 2025 and December 31, 2024) | 209,402 | 142,001 |
| Debt securities held-to-maturity, at amortized cost (fair value of $48,810 and $47,823 at September 30, 2025 and December 31, 2024) | 53,022 | 53,280 |
| Loans held for sale, at lower of cost or fair value | 6,685 | 17,180 |
| Loans held for investment | 2,990,299 | 3,139,165 |
| Allowance for credit losses on loans | (41,292) | (50,540) |
| Loans held for investment, net | 2,949,007 | 3,088,625 |
| Restricted stock, at cost | 30,899 | 30,829 |
| Premises and equipment, net | 12,419 | 13,595 |
| Right-of-use asset | 15,246 | 14,350 |
| Other real estate owned, net | — | 4,083 |
| Goodwill | 110,934 | 111,787 |
| Intangible assets, net | 19,427 | 22,271 |
| Bank owned life insurance | 66,880 | 66,636 |
| Deferred taxes, net | 31,929 | 43,127 |
| Accrued interest receivable and other assets | 36,143 | 35,728 |
| Total assets | $4,101,209 | $4,031,654 |
| LIABILITIES | ||
| Noninterest-bearing demand | $1,237,985 | $1,257,007 |
| Interest-bearing NOW accounts | 855,854 | 673,589 |
| Money market and savings accounts | 1,225,860 | 1,182,927 |
| Time deposits | 139,962 | 285,237 |
| Total deposits | 3,459,661 | 3,398,760 |
| Borrowings | 33,443 | 69,725 |
| Operating lease liability | 19,154 | 18,310 |
| Accrued interest payable and other liabilities | 24,227 | 33,023 |
| Total liabilities | 3,536,485 | 3,519,818 |
| Commitments and contingencies (Note 11) | ||
| SHAREHOLDERS’ EQUITY | ||
| Preferred stock - 50,000,000 shares authorized, no par value; no shares issued and outstanding at September 30, 2025 and December 31, 2024 | — | — |
| Common stock - 50,000,000 shares authorized, no par value; issued and outstanding 32,443,056 and 32,265,935 at September 30, 2025 and December 31, 2024 | 444,132 | 442,469 |
| Retained earnings | 122,644 | 76,008 |
| Accumulated other comprehensive loss - net of taxes | (2,052) | (6,641) |
| Total shareholders’ equity | 564,724 | 511,836 |
| Total liabilities and shareholders’ equity | $4,101,209 | $4,031,654 |
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