---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-006127"
form_type: "8-K"
ticker: "BCAL"
cik: "0001795815"
company_name: "California BanCorp \\ CA"
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T22:58:03.349857+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# California BanCorp reports Q4 net income of $16.8M, EPS $0.51, vs Q3 loss

## Summary
- Net income $16.8M ($0.51 diluted) in Q4 2024 vs net loss $16.5M ($0.59) in Q3; full year net income $5.4M vs $25.9M in 2023.
- Net interest margin expanded to 4.61% from 4.43% in Q3; average loan yield increased to 6.84% from 6.79%.
- Reversal of provision for credit losses of $3.8M vs $23.0M provision in Q3, which included day-one merger charge.
- Tangible book value per share rose $0.43 to $11.71; total assets $4.03B, down 7.6% from September 30.
- Noninterest-bearing deposits 37.0% of total; brokered deposits cut to $121.1M from $222.6M in Q3.

## SEC filing metadata
- accession: 0001493152-25-006127
- form_type: 8-K
- ticker: BCAL
- cik: 0001795815
- company_name: California BanCorp \ CA
- filed_at: 2025-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1795815/000149315225006127/0001493152-25-006127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795815/000149315225006127/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-006127
- JSON: https://secwatch.observer/filing/0001493152-25-006127.json
- Plain text: https://secwatch.observer/filing/0001493152-25-006127.txt

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