{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-005945","form_type":"8-K","ticker":"BCAL","cik":"0001795815","company_name":"California BanCorp \\ CA","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.750979+00:00","generated_at":"2026-05-23T07:13:35.891065+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"California BanCorp Q1 net income $16.9M, EPS $0.52; NIM 4.65%, TBV rises to $12.29","bullets":["Net income $16.9M ($0.52 diluted EPS), vs $16.8M ($0.51) in Q4 2024 and $4.9M ($0.26) in Q1 2024.","Net interest margin improved to 4.65% from 4.61% QoQ; cost of deposits fell to 1.59% from 1.87%.","Tangible book value per share $12.29, up $0.58 from prior quarter; total assets $3.98B.","Nonperforming assets ratio improved to 0.68% from 0.76%; allowance for credit losses $48.3M.","Loan portfolio decreased $70.4M QoQ; brokered deposits reduced by $107.4M to $13.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-005945","json":"https://secwatch.observer/filing/0001641172-25-005945.json","markdown":"https://secwatch.observer/filing/0001641172-25-005945.md","text":"https://secwatch.observer/filing/0001641172-25-005945.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795815/000164117225005945/0001641172-25-005945-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795815/000164117225005945/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:13:35.891065+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"}