California BanCorp. (BCAL)

California BanCorp. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	135.14	113.95	86.37	66.21	50.48	35.53
Interest Income on Investments	14.67	9.57	7.21	1.56	1.34	2.16
Total Interest Income	149.81	123.52	93.58	67.77	51.82	37.7
Interest Paid on Deposits	45.07	26.87	4.59	2.05	3.88	6.13
Interest Paid on Borrowings	3.74	2.52	1.2	1.31	1.99	0.71
Total Interest Expense	48.81	29.38	5.79	3.36	5.87	6.84
Net Interest Income	101	94.14	87.79	64.41	45.95	30.85
Net Interest Income Growth (YoY)	4.29%	7.24%	36.29%	40.19%	48.91%	23.91%
Gain (Loss) on Sale of Assets	-0.02	-	-0.77	-0	-0.09	-
Gain (Loss) on Sale of Investments	-1.01	-0.97	-0.99	0.05	0.57	0.18
Other Non-Interest Income	2.36	2.32	3.07	2.73	1.25	1.03
Total Non-Interest Income	3.65	3.38	3.68	4.51	2.3	1.95
Non-Interest Income Growth (YoY)	-0.41%	-8.05%	-18.59%	96.60%	17.49%	-30.28%
Revenues Before Loan Losses	104.66	97.52	91.46	68.93	48.24	32.81
Provision for Loan Losses	26.35	0.92	5.96	1.2	4.55	1
Revenue	78.31	96.6	85.51	67.73	43.69	31.81
Revenue Growth (YoY)	-21.44%	12.98%	26.25%	55.02%	37.35%	21.86%
Salaries and Employee Benefits	38.55	34.73	33.39	29.38	19.04	12.13
Occupancy Expenses	3.71	3.34	3.46	3.12	1.47	1.47
Amortization of Goodwill & Intangibles	0.9	0.39	0.44	0.36	0.39	-
Selling, General & Administrative	16.8	16.01	14.58	14.33	9.82	2.83
Other Non-Interest Expense	6.37	5.28	4.95	3.9	3.96	5.11
Total Non-Interest Expense	71.36	59.75	56.82	51.09	34.67	21.53
EBT Excluding Unusual Items	6.95	36.86	28.69	16.64	9.02	10.28
Legal Settlements	-	-	-5.53	-	-	-
Pretax Income	-8.7	36.86	21.98	14.19	6.77	9.68
Income Tax Expense	-1.77	10.95	5.87	3.48	2.05	2.91
Net Income	-6.93	25.91	16.11	10.71	4.72	6.77
Net Income to Common	-6.93	25.91	16.11	10.71	4.72	6.77
Net Income Growth	-	60.80%	50.46%	126.79%	-30.28%	28.81%
Basic Shares Outstanding	21	18	18	14	9	8
Diluted Shares Outstanding	21	19	18	15	10	9
Shares Change (YoY)	11.91%	2.35%	22.23%	53.73%	12.38%	17.24%
EPS (Basic)	-0.33	1.42	0.90	0.74	0.50	0.80
EPS (Diluted)	-0.33	1.39	0.88	0.72	0.49	0.78
EPS Growth	-	57.95%	22.22%	46.94%	-37.18%	9.86%
Effective Tax Rate	-	29.70%	26.70%	24.51%	30.23%	30.05%

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