California Bancorp Q3 2026 net income falls 11% year over year to $14.02 million
Bitget2026/10/28 14:19- California Bancorp’s third-quarter 2026 net income fell 11% year over year to $14.02 million.
- Provision for credit losses rose from the previous quarter to $3.22 million, while net charge-offs totaled $4.59 million.
- Net interest income increased quarter over quarter to $44.14 million, while noninterest income climbed 23% to $1.9 million.
- September-end deposits rose from June-end to $3.48 billion, while total loans, including loans held for sale, increased to $3.16 billion.
- A new loan production office opened in downtown San Francisco on October 1, 2026, expanding the bank’s Northern California commercial banking presence.
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