Welcome to our dedicated page for California Bancorp SEC filings (Ticker: BCAL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for California BanCorp (NASDAQ: BCAL), the San Diego-based bank holding company for California Bank of Commerce, N.A. As a public company with a commercial banking subsidiary, California BanCorp files a variety of regulatory documents that describe its financial condition, operating results, and governance.
Among the key filings are current reports on Form 8-K, which the Company uses to furnish earnings releases and investor presentations for specific quarters. These 8-K filings typically include exhibits with detailed information on net income, net interest margin, loan and deposit balances, credit quality, capital ratios, and the impact of corporate events such as the merger of equals that created the current California BanCorp and California Bank of Commerce, N.A. structure.
Through this filings page, users can review how California BanCorp reports on topics such as balance sheet derisking, changes in funding mix, capital management actions, and Board or executive changes disclosed under the appropriate 8-K items. Filings related to results of operations and financial condition, as well as governance and compensation matters, are organized chronologically for research and comparison.
Stock Titan enhances these filings with AI-powered summaries that highlight the main points of lengthy documents and clarify technical language. Real-time updates from EDGAR help ensure that new 8-Ks and other SEC submissions appear promptly, while structured access to exhibits supports deeper analysis of earnings materials and other disclosures relevant to BCAL’s commercial banking franchise in California.
California BanCorp (BCAL) filed a Form 144 notifying the proposed sale of 6,300 common shares through Wells Fargo Clearing Services on NASDAQ with an aggregate market value of $105,239.08. The shares were acquired on 03/01/2023 as compensation from the issuer and were paid in full on that date. The filing lists 32,517,595 shares outstanding for the class. The filer also disclosed a related sale in the past three months: 7,000 shares sold on 06/13/2025 by the David and Anne Ranier Trust for gross proceeds of $102,449.15. The notice includes the signer’s representation that no undisclosed material adverse information is known.
Stephen A. Cortese, a director of California BanCorp (BCAL), received 1,214 restricted stock units (RSUs) as board compensation on 08/21/2025 that vest in full on that date and have a $0.00 purchase price. After the reported grant, the filing shows Mr. Cortese directly beneficially owns 347,445 shares and indirectly beneficially owns 44,645 shares through the Cortese Trust and 2,086 shares through Cortese Real Property LP. The Form 4 was signed by a power of attorney on 08/22/2025.
California BanCorp reported that Richard Martin resigned from its Board of Directors and from the board of its wholly owned banking subsidiary, California Bank of Commerce, N.A., effective August 20, 2025. The company stated that his decision to resign was not due to any disagreement regarding its operations, policies, or practices. Following his resignation, the size of the Board of Directors was reduced from twelve to eleven members, reflecting the vacancy rather than filling the seat immediately.
Kevin J. Cullen, a director of California BanCorp (BCAL), was granted 1,214 restricted stock units (RSUs) as compensation for board service. The RSUs were issued with a transaction date of 08/21/2025 and will vest in full on August 21, 2025, at which time the underlying shares will be delivered. The Form 4 shows a $0.00 price for the grant and reports Cullen's beneficial ownership after the grant as 73,194 shares directly, plus 9,600 shares held indirectly via a 401(k) and 6,426 shares held indirectly via an IRA. The filing was executed on behalf of Cullen by Manisha Merchant under power of attorney and signed on 08/22/2025.
California BanCorp director Andrew J. Armanino was granted 1,214 restricted stock units (RSUs) on 08/21/2025 as compensation for board service. The RSUs have a $0.00 price and are scheduled to vest in full on August 21, 2025, at which time shares will be issued. After the reported transaction, the filing shows Mr. Armanino beneficially owns 10,313 shares directly and 212,578 shares indirectly through the Andrew J Armanino & Denise M Armanino Trust dated 6/2/1999. The Form 4 was signed on 08/22/2025 by Manisha Merchant acting by power of attorney.
California BanCorp (BCAL) reported a sharply improved quarter ended June 30, 2025, with net income of $14.1 million compared with $0.2 million a year earlier, and basic EPS of $0.43 versus $0.01. Net interest income rose to $41.4 million from $21.0 million as loan and other interest income increased. The company recorded a reversal of provision for credit losses of $0.6 million this quarter versus a $2.9 million provision a year ago, supporting a higher net interest income after credit costs.
On the balance sheet, total assets were $3.954 billion and loans held for investment were $2.992 billion, down from $3.139 billion at year-end 2024. Deposits totaled $3.312 billion (down from $3.399 billion), while shareholders' equity rose to $547.6 million from $511.8 million, driven by retained earnings of $107.0 million. The filing notes the 2024 merger with CALB and tax law changes in California (SB 132) with a $269 thousand tax adjustment recorded in the period.
California BanCorp (BCAL) – Form 4 filing, 8/4/2025. EVP & Chief Risk Officer Martin Liska reported a Code F transaction on 8/2/2025, indicating the withholding and sale of shares to satisfy tax obligations triggered by the vesting of a prior equity award.
- Shares disposed: 702 common shares at $14.60
- Proceeds applied: tax withholdings (not an open-market sale)
- Remaining beneficial ownership: 28,128 shares held directly and 25,542 shares held indirectly through the MACH4 Trust, for an aggregate 53,670 shares.
California BanCorp (BCAL) Form 4 filing, 08/04/2025: Executive Chairman and Director David I. Rainer satisfied tax-withholding obligations by having 3,508 BCAL common shares withheld on 08/02/2025 (Transaction Code F). The shares were valued at $14.60 each, an implied transaction value of roughly $51 k. Because Code F denotes shares withheld from a vested equity award, the sale was not an open-market disposition.
After the withholding, Rainer still directly owns 200,004 shares and indirectly, through the David and Anne Rainer Trust, another 329,124 shares, for a total beneficial ownership of about 529 k shares. His ownership percentage and board/management roles remain unchanged.
No derivatives were reported, and no other transactions occurred. Given the small size relative to his total position and the administrative nature of the trade, the filing is unlikely to have a material impact on BCAL’s governance, capital structure, or market sentiment.