{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-029373","form_type":"8-K","ticker":"BCAL","cik":"0001795815","company_name":"California BanCorp \\ CA","filed_at":"2024-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.549469+00:00","generated_at":"2026-05-31T15:45:15.894276+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Southern California Bancorp Q2 net income falls to $190k vs $4.9M Q1; OREO loss $4.8M; merger approved","bullets":["Q2 net income $190k ($0.01 diluted EPS) vs $4.9M ($0.26) in Q1; $4.8M after-tax OREO charge hurt results.","Net interest margin improved to 3.94% from 3.80%; loan yield 6.21%, cost of funds up 4bp to 2.21%.","Shareholders approved merger with California BanCorp; expected to close July 31, 2024.","Nonperforming assets dropped to $4.7M (0.20% of assets) after sale of $13.1M in OREO.","Provision for credit losses was $2.9M vs a $331k reversal in Q1, driven by charge-offs and a loan downgrade."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-029373","json":"https://secwatch.observer/filing/0001493152-24-029373.json","markdown":"https://secwatch.observer/filing/0001493152-24-029373.md","text":"https://secwatch.observer/filing/0001493152-24-029373.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795815/000149315224029373/0001493152-24-029373-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795815/000149315224029373/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:45:15.894276+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}