{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-120065","form_type":"8-K","ticker":null,"cik":"0001752036","company_name":"California BanCorp","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.891983+00:00","generated_at":"2026-06-03T05:40:05.074365+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"California BanCorp Q1 net income $3.8M, down 30% YoY; merger on track for Q3 2024","bullets":["Net income $3.8M ($0.45 diluted EPS) vs $5.4M ($0.64) in Q1 2023; adjusted EPS $0.57 excluding merger expenses.","Net interest income $17.7M, NIM 3.89%; total revenue $19.4M, down 2% QoQ.","Total assets $1.92B, loans $1.52B, deposits $1.64B; paid off all FHLB borrowings.","Non-performing assets ratio improved to 0.08% from 0.19% at year-end; loan loss allowance 1.05%.","Merger with Southern California Bancorp expected to close Q3 2024; integration planning underway."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-120065","json":"https://secwatch.observer/filing/0001193125-24-120065.json","markdown":"https://secwatch.observer/filing/0001193125-24-120065.md","text":"https://secwatch.observer/filing/0001193125-24-120065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1752036/000119312524120065/0001193125-24-120065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1752036/000119312524120065/d826807d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:40:05.074365+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"31df6e87fb898d592b6a065f1ebcfb71c90077b9","claim":"California BanCorp reported financial results for first quarter ended March 31, 2024.","evidence_excerpt":"On April 29, 2024, California BanCorp (the “Company”) issued a press release setting forth its unaudited financial results for the quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1752036/000119312524120065/0001193125-24-120065-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}