secwatch.observer — SEC 8-K summary
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Issuer:     California BanCorp \ CA (BCAL)
CIK:        0001795815
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0001493152-25-019827
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

California BanCorp Q3 net income rises to $15.7M; deposits up $147.4M; NPA ratio falls to 0.38%
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- Net income of $15.7M ($0.48 diluted EPS) vs $14.1M in Q2 2025 and a net loss of $16.5M in Q3 2024.
- Net interest margin 4.52% vs 4.61% prior quarter; total assets $4.10B up from $3.95B.
- Nonperforming assets to total assets ratio declined to 0.38% from 0.46% at June 30, 2025.
- Repurchased 89,500 shares at avg $15.22 for $1.4M; redeemed $20M subordinated notes.
- Tangible book value per share increased to $13.39 from $12.82 in prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795815/000149315225019827/0001493152-25-019827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795815/000149315225019827/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-019827

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