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California Bancorp Q3 2026 net income falls 11% year over year to $14.02 million

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  • 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. California Bancorp published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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