California BanCorp. (BCAL)

California BanCorp. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	182.06	159.96	113.95	86.37	66.21	50.48
Interest Income on Investments	23.3	19.84	9.57	7.21	1.56	1.34
Total Interest Income	205.36	179.8	123.52	93.58	67.77	51.82
Interest Paid on Deposits	56.15	52.76	26.87	4.59	2.05	3.88
Interest Paid on Borrowings	4.47	4.05	2.52	1.2	1.31	1.99
Total Interest Expense	60.61	56.81	29.38	5.79	3.36	5.87
Net Interest Income	144.75	122.98	94.14	87.79	64.41	45.95
Net Interest Income Growth (YoY)	61.29%	30.64%	7.24%	36.29%	40.19%	48.91%
Gain (Loss) on Sale of Assets	-0.02	-0.02	-	-0.77	-0	-0.09
Gain (Loss) on Sale of Investments	-	-	-0.97	-0.99	0.05	0.57
Other Non-Interest Income	3.56	2.98	2.32	3.07	2.73	1.25
Total Non-Interest Income	5.55	4.39	3.38	3.68	4.51	2.3
Non-Interest Income Growth (YoY)	72.10%	29.98%	-8.05%	-18.59%	96.60%	17.49%
Revenues Before Loan Losses	150.29	127.38	97.52	91.46	68.93	48.24
Provision for Loan Losses	18.25	21.69	0.92	5.96	1.2	4.55
Revenue	132.05	105.69	96.6	85.51	67.73	43.69
Revenue Growth (YoY)	42.63%	9.40%	12.98%	26.25%	55.02%	37.35%
Salaries and Employee Benefits	49.27	43.6	34.73	33.39	29.38	19.04
Occupancy Expenses	4.34	3.64	3.2	3.46	3.12	1.47
Amortization of Goodwill & Intangibles	2.76	1.88	0.39	0.44	0.36	0.39
Selling, General & Administrative	20.19	18.27	16.01	14.58	14.33	9.82
Other Non-Interest Expense	8.83	7.49	5.28	4.95	3.9	3.96
Total Non-Interest Expense	90.61	80.13	59.61	56.82	51.09	34.67
EBT Excluding Unusual Items	41.43	25.56	36.99	28.69	16.64	9.02
Asset Writedown	-0.08	-0.08	-0.13	-	-	-
Legal Settlements	-	-	-	-5.53	-	-
Other Unusual Items	-1.3	-1.3	-	-	-	-
Pretax Income	24.68	8.26	36.86	21.98	14.19	6.77
Income Tax Expense	7.33	2.83	10.95	5.87	3.48	2.05
Net Income	17.35	5.43	25.91	16.11	10.71	4.72
Net Income to Common	17.35	5.43	25.91	16.11	10.71	4.72
Net Income Growth	-23.30%	-79.03%	60.80%	50.46%	126.79%	-30.28%
Basic Shares Outstanding	28	24	18	18	14	9
Diluted Shares Outstanding	28	25	19	18	15	10
Shares Change (YoY)	50.24%	31.98%	2.35%	22.23%	53.73%	12.38%
EPS (Basic)	0.63	0.22	1.42	0.90	0.74	0.50
EPS (Diluted)	0.62	0.22	1.39	0.88	0.72	0.49
EPS Growth	-48.43%	-84.17%	57.95%	22.22%	46.94%	-37.18%
Effective Tax Rate	29.70%	34.25%	29.70%	26.70%	24.51%	30.23%

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q