---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-019246"
form_type: "8-K"
ticker: "BCAL"
cik: "0001795815"
company_name: "California BanCorp \\ CA"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:01:40.535801+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-019246
- form_type: 8-K
- ticker: BCAL
- cik: 0001795815
- company_name: California BanCorp \ CA
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795815/000149315226019246/0001493152-26-019246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795815/000149315226019246/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-019246
- JSON: https://secwatch.observer/filing/0001493152-26-019246.json
- Plain text: https://secwatch.observer/filing/0001493152-26-019246.txt

## Key facts
- Earnings Releases
  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
  source text: The Company reported net income of $13.8 million, or $0.42 per diluted share, for the first quarter of 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1795815/000149315226019246/0001493152-26-019246-index.htm

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