---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-025443"
form_type: "8-K"
ticker: "BCAL"
cik: "0001795815"
company_name: "California BanCorp \\ CA"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:17:53.418292+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Southern California Bancorp Q2 net income $6.7M, EPS $0.36, down from Q1; NIM 4.36%

## Summary
- Net income of $6.7M ($0.36 diluted EPS) vs. $8.2M ($0.44) in Q1 2023 and net loss of $736K in Q2 2022.
- Net interest margin narrowed to 4.36% from 4.71% as deposit costs rose 49 bps to 1.29%.
- Total loans grew $19.9M to $1.91B; nonperforming assets negligible at 0.002% of assets.
- Noninterest-bearing deposits fell to 39.2% of total deposits vs. 44.4% in Q1; cost of funds up 50 bps to 1.38%.
- Tangible book value per share increased 2.6% to $12.82 from $12.49 in Q1.

## SEC filing metadata
- accession: 0001493152-23-025443
- form_type: 8-K
- ticker: BCAL
- cik: 0001795815
- company_name: California BanCorp \ CA
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795815/000149315223025443/0001493152-23-025443-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795815/000149315223025443/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-025443
- JSON: https://secwatch.observer/filing/0001493152-23-025443.json
- Plain text: https://secwatch.observer/filing/0001493152-23-025443.txt

## Key facts
- Earnings Releases
  California BanCorp \ CA reported the second quarter of 2023 results: net income net income of $6.7 million, EPS $0.36 per diluted share.
  - Period: the second quarter of 2023
  - Net income: net income of $6.7 million
  - EPS: $0.36 per diluted share
  - Result: reported results
  source text: On July 25, 2023, Southern California Bancorp (the “Company”) issued an earnings release reporting its consolidated financial results as of and for the second quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1795815/000149315223025443/0001493152-23-025443-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.