---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-040455"
form_type: "8-K/A"
ticker: "BCAL"
cik: "0001795815"
company_name: "California BanCorp \\ CA"
filed_at: "2024-10-08T23:59:59+00:00"
generated_at: "2026-05-30T18:12:37.881978+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CBC reports Q2 2024 net loss of $5.86M; provision for credit losses jumps to $13.5M

## Summary
- Net loss of $5.86M in Q2 2024 vs net income $5.44M in Q2 2023; six-month loss $2.04M vs income $10.89M.
- Provision for credit losses surged to $13.5M in Q2 2024 from $0.44M a year ago.
- Total loans declined to $1.473B at June 30, 2024 from $1.544B at Dec 31, 2023.
- Subsequent event: CBC sold 27 HTM securities in July 2024, realizing an $11.8M loss.
- Merger with SCB closed July 31, 2024; this amendment provides pre-merger financials.

## SEC filing metadata
- accession: 0001493152-24-040455
- form_type: 8-K/A
- ticker: BCAL
- cik: 0001795815
- company_name: California BanCorp \ CA
- filed_at: 2024-10-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795815/000149315224040455/0001493152-24-040455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795815/000149315224040455/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-040455
- JSON: https://secwatch.observer/filing/0001493152-24-040455.json
- Plain text: https://secwatch.observer/filing/0001493152-24-040455.txt

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