{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-042777","form_type":"8-K","ticker":"BCAL","cik":"0001795815","company_name":"California BanCorp \\ CA","filed_at":"2024-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.661894+00:00","generated_at":"2026-05-30T09:21:44.121697+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":"California BanCorp posts Q3 net loss of $16.5M on merger costs and CECL provision","bullets":["Net loss of $16.5M ($0.59 diluted loss) vs net income of $190K in Q2 2024 and $6.6M in Q3 2023.","Day-one CECL provision of $15.0M after-tax on non-PCD loans and merger expenses of $10.6M.","Adjusted net income (non-GAAP) $9.1M ($0.33 diluted); net interest margin rose to 4.43% from 3.94%.","Nonperforming assets to total assets 0.68% vs 0.20% prior quarter; tangible book value fell to $11.28 from $13.71.","Merger closed July 31, creating $4.25B asset company; total loans $3.23B, deposits $3.74B, cost of deposits 2.09%."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-042777","json":"https://secwatch.observer/filing/0001493152-24-042777.json","markdown":"https://secwatch.observer/filing/0001493152-24-042777.md","text":"https://secwatch.observer/filing/0001493152-24-042777.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795815/000149315224042777/0001493152-24-042777-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795815/000149315224042777/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T09:21:44.121697+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"}