California BanCorp Q1 net income $13.8M ($0.42 EPS); NPAs rise to 0.97%

California BanCorp \ CA

2026-Q1 EPS reported $0.42

Net income $13.8M ($0.42 diluted) vs $16.4M ($0.50) in Q4 2025 and $16.9M ($0.52) in Q1 2025.
Net interest margin improved to 4.47% from 4.44% prior quarter; cost of deposits fell to 1.29%.
Nonperforming assets increased to $39.2M (0.97% of assets) from $16.1M (0.40%) at Dec 31, 2025.
Loans held for investment decreased $61.1M to $2.97B; deposits grew $22.9M to $3.39B.
Repurchased 409,915 shares at avg $18.08 for $7.4M; dividend $0.10 per share declared.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

California BanCorp \ CA reported first quarter of 2026 results: net income $13.8 million, EPS $0.42 per diluted share.

Period: first quarter of 2026
Net income: $13.8 million
EPS: $0.42 per diluted share
Result: reported results

Exact text from the filing

The Company reported net income of $13.8 million, or $0.42 per diluted share, for the first quarter of 2026

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Source: SEC EDGAR

accession 0001493152-26-019246

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