California BanCorp. (BCAL)

California BanCorp. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	159.96	113.95	86.37	66.21	50.48
Interest Income on Investments	19.84	9.57	7.21	1.56	1.34
Total Interest Income	179.8	123.52	93.58	67.77	51.82
Interest Paid on Deposits	52.76	26.87	4.59	2.05	3.88
Interest Paid on Borrowings	4.05	2.52	1.2	1.31	1.99
Total Interest Expense	56.81	29.38	5.79	3.36	5.87
Net Interest Income	122.98	94.14	87.79	64.41	45.95
Net Interest Income Growth (YoY)	30.64%	7.24%	36.29%	40.19%	48.91%
Gain (Loss) on Sale of Assets	-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	2.31	2.32	3.07	2.73	1.25
Total Non-Interest Income	4.76	3.38	3.68	4.51	2.3
Non-Interest Income Growth (YoY)	40.87%	-8.05%	-18.59%	96.60%	17.49%
Revenues Before Loan Losses	127.74	97.52	91.46	68.93	48.24
Provision for Loan Losses	21.69	0.92	5.96	1.2	4.55
Revenue	106.05	96.6	85.51	67.73	43.69
Revenue Growth (YoY)	9.78%	12.98%	26.25%	55.02%	37.35%
Salaries and Employee Benefits	49.85	34.73	33.39	29.38	19.04
Occupancy Expenses	7.24	3.34	3.46	3.12	1.47
Amortization of Goodwill & Intangibles	1.88	0.39	0.44	0.36	0.39
Selling, General & Administrative	9.8	16.01	14.58	14.33	9.82
Other Non-Interest Expense	7.49	5.28	4.95	3.9	3.96
Total Non-Interest Expense	81.5	59.75	56.82	51.09	34.67
EBT Excluding Unusual Items	24.55	36.86	28.69	16.64	9.02
Legal Settlements	-	-	-5.53	-	-
Pretax Income	8.26	36.86	21.98	14.19	6.77
Income Tax Expense	2.83	10.95	5.87	3.48	2.05
Net Income	5.43	25.91	16.11	10.71	4.72
Net Income to Common	5.43	25.91	16.11	10.71	4.72
Net Income Growth	-79.03%	60.80%	50.46%	126.79%	-30.28%
Basic Shares Outstanding	25	18	18	14	9
Diluted Shares Outstanding	25	19	18	15	10
Shares Change (YoY)	32.37%	2.35%	22.23%	53.73%	12.38%
EPS (Basic)	0.22	1.42	0.90	0.74	0.50
EPS (Diluted)	0.22	1.39	0.88	0.72	0.49
EPS Growth	-84.17%	57.95%	22.22%	46.94%	-37.18%
Effective Tax Rate	34.25%	29.70%	26.70%	24.51%	30.23%

Source: S&P Capital IQ. Banks template. Financial Sources.