California BanCorp (BCAL) investor relations material

Executive summary

• Q3 2026 net income was $14.0M and diluted EPS was $0.43, versus $15.7M and $0.48 in Q3 2025; Q3 net interest income rose to $44.1M from $42.5M.

• Loans held for investment were $3.15B and deposits were $3.48B at quarter-end; total assets were $4.11B.

• Net interest margin was 4.61%; pre-tax, pre-provision income was $21.6M and the efficiency ratio was 53.00%.

Financial highlights

• Q3 net income was $14.0M versus $15.7M in Q3 2025; diluted EPS was $0.43 versus $0.48.

• Q3 net interest income was $44.1M versus $42.5M in Q3 2025; total revenue was $46.0M versus $45.2M.

• 9M 2026 net income was $42.1M versus $46.6M in 9M 2025; net interest income was $129.6M versus $126.2M.

• Q3 provision for credit losses was $3.2M versus a $15K reversal in Q3 2025; noninterest expense was $24.4M versus $23.4M.

• Pre-tax, pre-provision income was $21.6M in Q3 and $60.9M for 9M, versus $21.8M and $61.1M in the respective 2025 periods.

Outlook and guidance

• Strategic plans included continued recruitment of in-market talent, opportunistic M&A, high-quality client growth and deeper existing relationships; management cited a solid business-development pipeline.

• Management described the outlook as cautious amid inflation, energy-price, tariff and geopolitical uncertainty; ACL forecasts used 70% baseline and 30% downside scenario weighting.

• Management emphasized disciplined credit management and monitoring borrower cash flows, collateral values, rate sensitivity and credit risk.