California Bancorp Reports Net Income of $16.8 Million for the Fourth Quarter and $5.4 Million for the Full Year of 2024.
The Company reported net income of $16.8 million, or $0.51 per diluted share, for the fourth quarter of 2024, compared to a net loss of $16.5 million, or $0.59 per diluted share for the third quarter of 2024, and net income of $4.4 million, or $0.24 per diluted share for the fourth quarter of 2023. The Company reported […]
Southern California Bancorp and California Bancorp Complete Merger of Equals
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 […]
Southern California Bancorp and California Bancorp Announce Receipt of Regulatory Approval for Merger of Equals
SAN DIEGO and OAKLAND, Calif., May 13, 2024 (GLOBE NEWSWIRE) — 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 […]
Southern California Bancorp and California BanCorp Announce a Merger of Equals to Create a Premier California Business Bank
San Diego and Oakland, Calif., January 30, 2024 – 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, jointly announce the execution of a definitive merger agreement, pursuant to which the companies will combine in an all-stock […]
