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California BanCorp (CALB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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17.26-0.12 (-0.69%)
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  • GlobeNewswire

    California BanCorp Announces Completion of $35 Million Subordinated Debt Offering

    OAKLAND, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, today announced that it has completed a private placement of $35 million in fixed-to-floating rate subordinated notes due September 1, 2031 (the "Notes") to certain qualified buyers and accredited investors. The Company intends to use the net proceeds to redeem $5 million of bank-level subordinated debt and for general corporate purposes. The Note

  • GlobeNewswire

    California BanCorp Appoints Millicent Tracey to Board of Directors

    OAKLAND, Calif., July 30, 2021 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: CALB), the parent company of California Bank of Commerce (the “Bank”), today announced that Millicent C. Tracey has been appointed to the Board of Directors of the Company and the Bank. Ms. Tracey is an accomplished financial services product strategy executive, advisor and board member with over 20 years of experience leading business-to-business payments strategy. She is the founder of Purse, a finan

  • GlobeNewswire

    California BanCorp Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2021

    OAKLAND, Calif., July 29, 2021 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the second quarter and six months ended June 30, 2021. The Company reported net income of $4.2 million for the second quarter of 2021, representing an increase of $1.4 million, or 48%, compared to $2.8 million for the first quarter of 2021 and an increase of $2.6 million, or 169%, compared to $1.6 million in the second qu