Private company
California BanCorp
American state commercial bank, incorporated in California1
In its 2024 annual report the company says: “The Bank is a California-chartered commercial bank founded in 2007. In addition to its headquarters, the Bank has a full service branch in California located in Contra Costa County and 4 loan production offices in California located in Alameda County, Contra Costa County, Sacramento County, and Santa Clara County.”3
Last updated Oct 21, 2026.
Overview
- IndustryState Commercial Banks1
- HeadquartersOakland, California1
- Incorporated inCA2
- Business address1300 Clay Street, Suite 500, Oakland, Ca 946122
- Filer category, Emerging growth company2
See how the biggest companies compare on our leaderboards
California BanCorp (the “Company” or “we”) was organized in 2017 to serve as the holding company for California Bank of Commerce (the “Bank”) and is headquartered in Oakland, California. The Company commenced operation on June 30, 2017 following a reorganization transaction in which it became the Bank’s holding company. This transaction was treated as an internal reorganization as all shareholders of the Bank became shareholders of the Company. As a bank holding company, the Company is subject to regulation and supervision by the Board of Governors of the Federal Reserve System (the “Federal Reserve”). The Company has no operations other than ownership and management of the Bank.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Interest | $8.1M4 | $8.1M5 | $6.6M6 | $11.3M7 | $34.7M7 | ||
| Income before tax | $18.5M6 | $29.9M7 | $30.6M7 | ||||
| Income tax | $2.6M4 | $1.9M5 | $5.1M6 | $8.8M7 | $9.0M7 | ||
| Net income | $7.0M4 | $4.3M5 | $13.4M6 | $21.1M7 | $21.6M7 | ||
| Earnings per share | $0.874 | $0.535 | $1.636 | $2.547 | $2.587 | ||
| Earnings per share (diluted) | $0.864 | $0.535 | $1.616 | $2.517 | $2.567 | ||
| Shares (weighted, basic) | 8.2M shares6 | 8.3M shares7 | 8.4M shares7 | ||||
| Shares (weighted, diluted) | 8.3M shares6 | 8.4M shares7 | 8.5M shares7 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $78.7M4 | $114.3M5 | $418.5M5 | $470.5M6 | $232.4M7 | $212.4M7 | |
| Property, plant and equipment | $4.4M6 | $3.1M7 | $2.2M7 | ||||
| Total assets | $1.2B4 | $1.9B5 | $2.0B6 | $2.0B7 | $2.0B7 | ||
| Total liabilities | $1.0B4 | $1.8B5 | $1.9B6 | $1.9B7 | $1.8B7 | ||
| Retained earnings | $41.2M6 | $62.3M7 | $84.2M7 | ||||
| Shareholders’ equity | $121.1M4 | $130.3M5 | $136.4M6 | $150.8M7 | $172.3M7 | $196.5M7 | |
| Shares outstanding | 8.1M shares4 | 8.2M shares5 | 8.3M shares6 | 8.3M shares7 | 8.4M shares7 | 8.4M shares7 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $12.5M4 | $14.8M5 | $16.2M6 | $28.7M7 | $28.2M7 | ||
| Stock-based compensation | $1.3M6 | $1.8M7 | $2.0M7 | ||||
| Capital spending | $2.5M4 | $3.5M5 | $181.0K6 | $153.0K7 | $79.0K7 | ||
| Free cash flow | $10.0M | $11.2M | $16.0M | $28.5M | $28.1M | ||
| Cash from investing | -$59.0M6 | -$272.0M7 | $43.3M7 | ||||
| Cash from financing | $94.7M6 | $5.2M7 | -$91.5M7 |
Corporate structure
California BanCorp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of California BanCorp
- AllianceBernstein Filed SC 13G/A on California BanCorp, latest Nov 15, 2024 (4 filings since Feb 14, 2022)
- ENDEAVOUR CAPITAL ADVISORS INC Filed SC 13G/A on California BanCorp, latest Nov 6, 2024 (3 filings since Feb 14, 2022)
- Manulife Financial Filed SC 13G/A on California BanCorp, latest Feb 13, 2024 (3 filings since Feb 16, 2022)
- BANC FUNDS CO LLC Filed SC 13G/A on California BanCorp, latest Feb 8, 2024 (4 filings since Feb 8, 2022)
- California BanCorp Oakland, California
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What California BanCorp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Leasehold improvements | $6.7M7 Dec 31, 2023 | $6.7M7 Dec 31, 2022 | 0% |
| Property and equipment, before depreciation | $13.0M7 Dec 31, 2023 | $12.9M7 Dec 31, 2022 | +0.6% |
| Accumulated depreciation | $10.8M7 Dec 31, 2023 | $9.8M7 Dec 31, 2022 | +9.6% |
| Property and equipment, net | $2.2M7 Dec 31, 2023 | $3.1M7 Dec 31, 2022 | −28.2% |
| Operating-lease assets (leased space) | $8.8M7 Dec 31, 2023 | $4.6M6 Dec 31, 2022 | +93.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $212.4M7 Dec 31, 2023 | $232.4M7 Dec 31, 2022 | −8.6% |
| Debt securities available for sale | $44.6M7 Dec 31, 2023 | $47.0M7 Dec 31, 2022 | −5.2% |
| Debt securities held to maturity | $108.9M6 Dec 31, 2022 | $28.4M6 Dec 31, 2021 | +283.5% |
| Loans, net of allowance | $1.5B7 Dec 31, 2023 | $1.6B7 Dec 31, 2022 | −2.1% |
| Deposits held (banks) | $1.6B7 Dec 31, 2023 | $1.8B7 Dec 31, 2022 | −9.3% |
Leadership
Who has led California BanCorp, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerSteven E. Shelton May 3, 2023 to Jul 31, 202411
- PresidentThomas A. Sa May 25, 2023 to Jul 31, 202412
- Chief financial officerThomas A. Sa May 25, 2023 to Jul 31, 202412
- Chief operating officerThomas A. Sa May 25, 2023 to Jul 31, 202412
Board members and other officers (19)
- SEVP and Chief Banking OfficerMichelle Wirfel Mar 30, 2020 to Jul 31, 202413
- OfficerSteven E. Shelton Mar 30, 2020 to Apr 14, 202214
- SEVP, Chief Credit OffierVivian Mui Mar 30, 2020 to Jul 31, 202415
- SEVP, Chief Lending OffierScott Alexander Myers Apr 1, 2020 to Jul 31, 202416
- Chief Technology OfficerThomas M. Dorrance Apr 1, 2020 to Jul 31, 202417
- OfficerThomas A. Sa Apr 3, 2020 to Apr 14, 202218
- Board memberTheodore A. Wilm Mar 24, 2023 to Jul 31, 202419
- Board memberJulie Levenson Feb 8, 2021 to Jul 31, 202420
- Board memberMillicent C. Tracey Aug 3, 2021 to Jul 22, 202421
- Board memberAndrew J. Armanino Mar 30, 2020 to Jul 31, 202422
- Board memberDonald Kintzer Mar 30, 2020 to Jun 21, 202123
- Board memberEdmond E. Traille Mar 30, 2020 to Jun 21, 202224
- Board memberFrank L. Muller Mar 30, 2020 to Jul 31, 202425
- Board memberKevin J. Cullen Mar 30, 2020 to Jul 31, 202426
- Board memberRochelle G. Klein Mar 30, 2020 to Jul 31, 202427
- Board memberStephen A. Cortese Mar 30, 2020 to Jul 31, 202428
- Board memberStephen R. Dathe Mar 30, 2020 to Jul 31, 202429
- Board memberSteven E. Shelton Mar 30, 2020 to Jul 31, 202314
- Board memberWayne S. Doiguchi Mar 30, 2020 to Aug 8, 202330
Timeline
- Jan 29, 20258-K Results of operations; Regulation FD disclosure31
- Jul 31, 20248-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights32
- Jul 29, 20248-K Results of operations; Regulation FD disclosure33
- Jul 18, 20248-K Shareholder vote; Other events34
- May 13, 20248-K Other events35
- Apr 29, 20248-K Results of operations; Regulation FD disclosure36
- Jan 30, 20248-K Entered a material agreement; Regulation FD disclosure37
- Jan 30, 20248-K Results of operations; Regulation FD disclosure38
- Nov 16, 20238-K Executive or director change39
- Oct 26, 20238-K Results of operations; Regulation FD disclosure40
- Jul 27, 20238-K Results of operations; Regulation FD disclosure41
- May 23, 20238-K Executive or director change; Shareholder vote42
- May 3, 2023New chief executive Steven E. Shelton becomes CEO11
Calendar
When it reported results
- Jan 29, 2025Reported quarterly or annual results31
- Jul 29, 2024Reported quarterly or annual results33
- Apr 29, 2024Reported quarterly or annual results36
- Jan 30, 2024Reported quarterly or annual results38
- Oct 26, 2023Reported quarterly or annual results40
- Jul 27, 2023Reported quarterly or annual results41
- Apr 26, 2023Reported quarterly or annual results43
- Jan 26, 2023Reported quarterly or annual results44
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
203 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 28 major events, 126 insider forms, 14 large holders, 24 other. The latest 20:
- Jan 29, 20258-K EDGAR
- Nov 15, 2024SC 13G/A EDGAR
- Nov 6, 2024SC 13G/A EDGAR
- Nov 6, 2024SC 13G EDGAR
- Aug 12, 202415-12G EDGAR
- Aug 2, 2024EFFECT EDGAR
- Jul 31, 2024S-8 POS EDGAR
- Jul 31, 2024S-8 POS EDGAR
- Jul 31, 2024S-8 POS EDGAR
- Jul 31, 2024POS AM EDGAR
- Jul 31, 20248-K EDGAR
- Jul 31, 20244 EDGAR
- Jul 31, 20244 EDGAR
- Jul 31, 20244 EDGAR
- Jul 31, 20244 EDGAR
- Jul 31, 20244 EDGAR
- Jul 31, 20244 EDGAR
- Jul 31, 20244 EDGAR
- Jul 31, 20244 EDGAR
- Jul 31, 20244 EDGAR
The 203 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
28 open-market trades by officers, directors and large owners since October 2021: 6 buys and 22 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 12, 2024 | Myers Scott AlexanderSEVP, Chief Lending Offier | Sale | 1,298 | $21.90 | $28.4K | Form 4 |
| May 9, 2024 | Myers Scott AlexanderSEVP, Chief Lending Offier | Sale | 174 | $21.85 | $3.8K | Form 4 |
| Apr 29, 2024 | Myers Scott AlexanderSEVP, Chief Lending Offier | Sale | 806 | $22.09 | $17.8K | Form 4 |
| Apr 12, 2024 | Myers Scott AlexanderSEVP, Chief Lending Offier | Sale | 632 | $21.99 | $13.9K | Form 4 |
| Mar 1, 2024 | Myers Scott AlexanderSEVP, Chief Lending Offier | Sale | 413 | $22.99 | $9.5K | Form 4 |
| Feb 1, 2024 | Myers Scott AlexanderSEVP, Chief Lending Offier | Sale | 2,564 | $24.68 | $63.3K | Form 4 |
| Feb 1, 2024 | Myers Scott AlexanderSEVP, Chief Lending Offier | Sale | 2,564 | $24.68 | $63.3K | Form 4 |
| Aug 3, 2023 | Myers Scott AlexanderSEVP, Chief Lending Offier | Sale | 3,254 | $18.66 | $60.7K | Form 4 |
| Aug 2, 2023 | Doiguchi Wayne S.Director | Sale | 400 | $18.62 | $7.4K | Form 4 |
| Aug 1, 2023 | Doiguchi Wayne S.Director | Sale | 388 | $18.51 | $7.2K | Form 4 |
| Jun 8, 2023 | Doiguchi Wayne S.Director | Sale | 650 | $15.08 | $9.8K | Form 4 |
| May 24, 2023 | SA THOMAS APresident, CFO and COO | Buy | 5,000 | $14.30 | $71.5K | Form 4 |
| May 22, 2023 | Doiguchi Wayne S.Director | Sale | 500 | $14.25 | $7.1K | Form 4 |
| May 12, 2023 | Armanino Andrew J.Director | Buy | 3,000 | $13.42 | $40.3K | Form 4 |
| May 10, 2023 | Doiguchi Wayne S.Director | Sale | 500 | $13.61 | $6.8K | Form 4 |
| May 5, 2023 | Dorrance Thomas M.Chief Technology Officer | Buy | 1,000 | $13.93 | $13.9K | Form 4 |
| May 2, 2023 | Cortese Stephen A.Director | Buy | 3,000 | $14.68 | $44.0K | Form 4 |
| May 2, 2023 | Shelton Steven E.Chief Executive Officer | Buy | 1,500 | $14.59 | $21.9K | Form 4 |
| May 2, 2023 | Cortese Stephen A.Director | Buy | 3,000 | $14.68 | $44.0K | Form 4 |
| Mar 7, 2023 | Doiguchi Wayne S.Director | Sale | 500 | $25.11 | $12.6K | Form 4 |
All 28 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- AllianceBernsteinSC 13G/A, 4 filings Feb 14, 2022 to Nov 15, 202445
- ENDEAVOUR CAPITAL ADVISORS INCSC 13G/A, 3 filings Feb 14, 2022 to Nov 6, 202446
- Manulife FinancialSC 13G/A, 3 filings Feb 16, 2022 to Feb 13, 202447
- BANC FUNDS CO LLCSC 13G/A, 4 filings Feb 8, 2022 to Feb 8, 202448
SEC filer profile
How California BanCorp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCalifornia BanCorp1
- CIK0001752036
- Employer ID (EIN)82-17510971
- Filer status<br>emerging growth company1
- Incorporated inCalifornia1
- Fiscal year endsDecember 311
- Industry code (SIC)6022 State Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address1300 Clay Street, Suite 500, Oakland, CA 946121
- Phone510-457-37691
- Shares outstanding8,439,185 as of May 1, 202410
- Public float$136.8M as of Jun 30, 20237
- On EDGAR sinceSep 11, 20181
- Filings340 in all: 4 (187), 8-K (47), 3 (18), 425 (15), 10-Q (13), SC 13G/A (12), 10-K (5), SC 13G (5)1
All 31 form types
DEF 14A (4), UPLOAD (4), CORRESP (3), EFFECT (3), S-8 (3), S-8 POS (3), D (2), 10-12B (1), 10-K/A (1), 15-12G (1), 25-NSE (1), 4/A (1), 424B3 (1), ARS (1), CERT (1), DEFM14A (1), DRS (1), DRSLTR (1), NT 10-K (1), POS AM (1), S-3 (1), S-4 (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Mar 21, 2024
Quarterly report (10-Q) May 9, 2024
Proxy statement (DEF 14A) Apr 20, 2023
Latest 8-K (8-K) Jan 29, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARThomas A. Sa, President
- 13
- 14SEC EDGARSteven E. Shelton, Officer
- 15
- 16
- 17
- 18SEC EDGARThomas A. Sa, Officer
- 19SEC EDGARTheodore A. Wilm, Board member
- 20SEC EDGARJulie Levenson, Board member
- 21SEC EDGARMillicent C. Tracey, Board member
- 22SEC EDGARAndrew J. Armanino, Board member
- 23SEC EDGARDonald Kintzer, Board member
- 24SEC EDGAREdmond E. Traille, Board member
- 25SEC EDGARFrank L. Muller, Board member
- 26SEC EDGARKevin J. Cullen, Board member
- 27SEC EDGARRochelle G. Klein, Board member
- 28SEC EDGARStephen A. Cortese, Board member
- 29SEC EDGARStephen R. Dathe, Board member
- 30SEC EDGARWayne S. Doiguchi, Board member
- 31
- 32
- 33
- 34SEC EDGARShareholder vote; Other events
- 35SEC EDGAROther events
- 36
- 37
- 38
- 39SEC EDGARExecutive or director change
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48