For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue-Deposit Account | 3,170 | - | ||
| Revenue-Interchange And ATMIncome | 1,400 | - | ||
| Gain (loss) on sale of loans | 577 | -672 | ||
| Servicing and related income on loans, net | - | 307 | ||
| Income from bank owned life insurance | 2,336 | 1,748 | ||
| Servicing and related income on loans, net | 453 | - | ||
| Total segment revenue | - | 3,140 | ||
| Loss on sale and disposal of fixed assets | -1 | -19 | ||
| Other charges and fees | 3,150 | 256 | ||
| Total noninterest income | 11,085 | 4,760 | ||
| Interest and fees on loans | 195,913 | 159,960 | ||
| Interest on debt securities | 7,820 | 5,827 | ||
| Interest on tax-exempted debt securities | 1,209 | 1,223 | ||
| Interest on deposits at other financial institutions | 18,702 | 11,011 | ||
| Interest and dividends on other interest-earning assets | 2,336 | 1,777 | ||
| Total interest and dividend income | 225,980 | 179,798 | ||
| Interest on now, money market and savings accounts | 46,041 | 37,329 | ||
| Interest on time deposits | 6,219 | 15,432 | ||
| Interest on borrowings | 4,628 | 4,053 | ||
| Total interest expense | 56,888 | 56,814 | ||
| Net interest income | 169,092 | 122,984 | ||
| (reversal of) provision for credit losses | -8,823 | 21,690 | ||
| Net interest income after (reversal of) provision for credit losses | 177,915 | 101,294 | ||
| Salaries and employee benefits | 62,288 | 49,845 | ||
| Occupancy and equipment | 8,601 | 7,242 | ||
| Data processing and communications | 7,608 | 5,832 | ||
| Legal, audit and professional | 3,646 | 2,559 | ||
| Regulatory assessments | 2,282 | 1,714 | ||
| Director and shareholder expenses | 1,463 | 1,410 | ||
| Merger and related expenses | 0 | 16,288 | ||
| Intangible asset amortization | 3,791 | 1,877 | ||
| Litigation settlements, net | 2,035 | - | ||
| Other real estate owned expenses | 924 | 5,246 | ||
| Other expenses | 8,405 | 5,778 | ||
| Total noninterest expense | 101,043 | 97,791 | ||
| Income before income taxes | 87,957 | 8,263 | ||
| Income tax expense | 24,899 | 2,830 | ||
| Net income | 63,058 | 5,433 | ||
| Basic EPS | 1.95 | 0.22 | ||
| Diluted EPS | 1.93 | 0.22 | ||
| Basic Average Shares | 32,391,016 | 24,247,064 | ||
| Diluted Average Shares | 32,746,110 | 24,623,397 | ||
California BanCorp CA (BCAL)
California BanCorp CA (BCAL)