Southern California Bancorp (BCAL)

BCAL Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	115.52	113.95	86.37	66.21	50.48	35.53
Interest Income on Investments	10.06	9.57	7.21	1.56	1.34	2.16
Total Interest Income	125.58	123.52	93.58	67.77	51.82	37.7
Interest Paid on Deposits	32.78	26.87	4.59	2.05	3.88	6.13
Interest Paid on Borrowings	3.06	2.52	1.2	1.31	1.99	0.71
Total Interest Expense	35.84	29.38	5.79	3.36	5.87	6.84
Net Interest Income	89.74	94.14	87.79	64.41	45.95	30.85
Net Interest Income Growth (YoY)	-5.42%	7.24%	36.29%	40.19%	48.91%	23.91%
Gain (Loss) on Sale of Assets	-	-	-0.77	-0	-0.09	-
Gain (Loss) on Sale of Investments	-0.97	-0.97	-0.99	0.05	0.57	0.18
Other Non-Interest Income	2.46	2.32	3.07	2.73	1.25	1.03
Total Non-Interest Income	3.22	3.38	3.68	4.51	2.3	1.95
Non-Interest Income Growth (YoY)	-11.53%	-8.05%	-18.59%	96.60%	17.49%	-30.28%
Revenues Before Loan Losses	92.96	97.52	91.46	68.93	48.24	32.81
Provision for Loan Losses	0.38	0.92	5.96	1.2	4.55	1
Revenue	92.58	96.6	85.51	67.73	43.69	31.81
Revenue Growth (YoY)	-1.74%	12.98%	26.25%	55.02%	37.35%	21.86%
Salaries and Employee Benefits	34.89	34.73	33.39	29.38	19.04	12.13
Amortization of Goodwill & Intangibles	0.36	0.39	0.44	0.36	0.39	-
Selling, General & Administrative	15.03	16.01	14.58	14.33	9.82	2.83
Other Non-Interest Expense	5.53	5.28	4.95	3.9	3.96	5.11
Total Non-Interest Expense	59.16	59.75	56.82	51.09	34.67	21.53
EBT Excluding Unusual Items	33.42	36.86	28.69	16.64	9.02	10.28
Legal Settlements	-	-	-5.53	-	-	-
Pretax Income	32.87	36.86	21.98	14.19	6.77	9.68
Income Tax Expense	10.25	10.95	5.87	3.48	2.05	2.91
Earnings From Continuing Operations	22.62	25.91	16.11	10.71	4.72	6.77
Net Income to Common	22.62	25.91	16.11	10.71	4.72	6.77
Basic Shares Outstanding	18	18	18	14	9	8
Diluted Shares Outstanding	19	19	18	15	10	9
Shares Change (YoY)	1.89%	2.35%	22.23%	53.73%	12.38%	17.24%
EPS (Basic)	1.23	1.42	0.90	0.74	0.50	0.80
EPS (Diluted)	1.21	1.39	0.88	0.72	0.49	0.78
EPS Growth	-2.53%	57.95%	22.22%	46.94%	-37.18%	9.86%
Effective Tax Rate	31.18%	29.70%	26.70%	24.51%	30.23%	30.05%

Source: S&P Capital IQ. Banks template.