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.
California BanCorp filings document regulatory disclosures for a registered bank holding company and its wholly owned subsidiary, California Bank of Commerce, N.A. The company’s Form 8-K reports cover quarterly and annual earnings releases, Regulation FD investor presentations, cash dividend declarations, and material credit-related events affecting bank assets.
Its proxy and governance filings describe annual meeting matters, director and executive compensation topics, shareholder voting procedures, and board oversight. Other current reports document executive transitions, employment agreements, separation arrangements, and related compensatory matters, providing formal records of governance, capital actions, operating results, and bank holding company disclosure obligations.
California BanCorp EVP and COO Michelle Wirfel reported a small tax-related share disposition. On the vesting of a previously granted award, 115 shares of California BanCorp common stock were disposed of at $18.92 per share to cover her tax liability. After this non‑market, tax-withholding transaction, she holds 87,882.93 shares directly.
California BanCorp reported net income of $13.8 million, or $0.42 per diluted share, for the first quarter of 2026, down from both the prior quarter and the same quarter last year. Net interest income was $42.1 million with a net interest margin of 4.47% as lower funding costs more than offset slightly lower asset yields.
Credit quality indicators weakened as nonperforming assets rose to $39.2 million, or 0.97% of total assets, and nonperforming loans reached 1.03% of loans. The allowance for loan losses stood at 1.14% of loans, while tangible book value per share increased to $13.97. The company repurchased 409,915 shares for $7.4 million and paid a $0.10 per share dividend.
California BanCorp (BCAL) executive Peter Nutz reported a small share disposition related to taxes, not an open-market trade. On the vesting of a previously granted equity award, 143 shares of common stock were delivered at $18.76 per share to satisfy his tax liability. Following this tax-withholding transaction, he directly holds 41,976.08 shares of California BanCorp common stock.
California BanCorp executive Thomas G. Dolan restructured his share holdings without a market trade. On this date, 5,114 shares of common stock were moved in an internal transaction, with shares transferred to his living trust account.
Following the restructuring, Dolan directly holds 57,409 shares of California BanCorp common stock and indirectly holds 261,173 shares through the Thomas G. Dolan Living Trust dated 8/9/2016. The transactions carried a reported price of $0.00 per share, indicating a non-cash, administrative shift in ownership form rather than a purchase or sale.
California BanCorp is asking shareholders to vote at its 2026 Annual Meeting on May 27, 2026 at 8:30 a.m. in San Diego. Holders of common stock as of April 2, 2026, when 32,152,298 shares were outstanding, may vote.
Shareholders will elect ten directors, ratify RSM US LLP as independent auditor for 2026, and approve a 2026 Omnibus Equity Incentive Plan, all recommended by the Board. Seven of ten nominees are independent, and key institutional holders each own more than 5% of the stock.
The proxy details cumulative voting mechanics, director and committee structure, and governance policies including a Code of Conduct, Related Party Transaction Policy, clawback policy, and anti‑hedging rules. It also outlines executive pay, with CEO compensation combining salary, annual incentives and stock-based awards tied to financial and strategic performance.
California BanCorp EVP and Chief Risk Officer Martin Liska reported internal restructuring transactions involving 3,674 shares of California BanCorp common stock. The filing describes these as “other” transactions, with a footnote stating the shares were transferred to the reporting person’s living trust account, indicating an estate or ownership planning move rather than a market trade.
After these transfers, Liska directly holds 19,671 shares of common stock and indirectly holds 34,585 shares through the MACH4 Trust. No price was reported for the transfers, underscoring that this was a non-cash restructuring of how the shares are held, not a purchase or sale in the open market.
California BanCorp EVP and COO Michelle Wirfel reported a routine tax-related share disposition. She disposed of 154 shares of Common Stock at $18.38 per share to satisfy tax liabilities from a previously vested equity award. After this transaction, she directly holds 87,997.93 shares of California BanCorp common stock.
California BanCorp EVP and Chief Operating Officer Michelle Wirfel reported a tax-related share disposition. On the vesting of a previously granted award, 595 shares of common stock were delivered at $17.55 per share to satisfy her tax liability. After this non-market tax-withholding event, she directly holds 88,151.93 shares of common stock.
California BanCorp EVP and COO Michelle Wirfel reported a small, routine tax-related share disposition. On the vesting of a previously granted equity award, 93 shares of Common Stock were withheld at $17.32 per share to cover her tax liability. After this transaction, she directly holds 88,746.93 shares of California BanCorp common stock. This was a compensation-related tax withholding, not an open-market sale.