For the quarter ending 2025-09-30, BCAL made $97,906,000 in revenue. $15,684,000 in net income. Net profit margin of 16.02%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-12-31 | |
|---|---|---|---|---|
| Interest and fees on loans | 48,721,000 | 49,080,000 | 39,990,000 | |
| Interest on debt securities | 2,142,000 | 1,751,000 | 1,456,750 | |
| Interest on tax-exempted debt securities | 302,000 | 304,000 | 305,750 | |
| Interest on deposits at other financial institutions | 5,416,000 | 4,000,000 | 2,752,750 | |
| Interest and dividends on other interest-earning assets | 607,000 | 651,000 | 444,250 | |
| Total interest and dividend income | 57,188,000 | 55,786,000 | 44,949,500 | |
| Interest on now, money market and savings accounts | 12,159,000 | 11,390,000 | 9,332,250 | |
| Interest on time deposits | 1,402,000 | 1,550,000 | 3,858,000 | |
| Interest on borrowings | 1,112,000 | 1,429,000 | 1,013,250 | |
| Total interest expense | 14,673,000 | 14,369,000 | 14,203,500 | |
| Net interest income | 42,515,000 | 41,417,000 | 30,746,000 | |
| (reversal of) provision for credit losses | -15,000 | -634,000 | 5,422,500 | |
| Net interest income after (reversal of) provision for credit losses | 42,530,000 | 42,051,000 | 25,323,500 | |
| Revenue-Deposit Account | 795,000 | 802,000 | - | |
| Revenue-Interchange And ATMIncome | 304,000 | 376,000 | - | |
| Gain on sale of loans | 0 | 0 | -168,000 | |
| Servicing and related income on loans, net | - | - | 76,750 | |
| Income from bank owned life insurance | 883,000 | 503,000 | 437,000 | |
| Servicing and related income on loans, net | 69,000 | 102,000 | - | |
| Total segment revenue | - | - | 785,000 | |
| Loss on sale of fixed assets | 0 | 0 | -4,750 | |
| Other charges and fees | 617,000 | 1,073,000 | 64,000 | |
| Total noninterest income | 2,668,000 | 2,856,000 | 1,190,000 | |
| Salaries and employee benefits | 14,717,000 | 15,293,000 | 12,461,250 | |
| Occupancy and equipment | 2,060,000 | 2,094,000 | 1,810,500 | |
| Data processing and communications | 1,913,000 | 1,831,000 | 1,458,000 | |
| Legal, audit and professional | 843,000 | 972,000 | 639,750 | |
| Regulatory assessments | 508,000 | 545,000 | 428,500 | |
| Director and shareholder expenses | 353,000 | 395,000 | 352,500 | |
| Merger and related expenses | 0 | 0 | 4,072,000 | |
| Intangible asset amortization | 948,000 | 948,000 | 469,250 | |
| Other real estate owned (income) expenses/losses | 10,000 | - | - | |
| Other real estate owned expenses/losses | - | 862,000 | 1,311,500 | |
| Other expenses | 2,050,000 | 1,893,000 | 1,444,500 | |
| Total noninterest expense | 23,382,000 | 24,833,000 | 24,447,750 | |
| Income (loss) before income taxes | 21,816,000 | 20,074,000 | 2,065,750 | |
| Income tax expense (benefit) | 6,132,000 | 5,975,000 | 707,500 | |
| Net income (loss) | 15,684,000 | 14,099,000 | 1,358,250 | |
| Basic (in dollars per share) | 0.48 | 0.43 | 0.055 | |
| Diluted (in dollars per share) | 0.48 | 0.43 | 0.055 | |
| Weighted average common shares outstanding - basic (in shares) | 32,451,576 | 32,423,935 | 6,061,766 | |
| Weighted average common shares outstanding - diluted (in shares) | 32,811,827 | 32,685,132 | 6,155,849.25 | |
California BanCorp CA (BCAL)
California BanCorp CA (BCAL)