- California BanCorp reported **net income of $15.7 million**, or **$0.48 per diluted share**, for the third quarter of 2025, an increase from **$14.1 million**, or **$0.43 per diluted share**, in the second quarter of 2025, and a significant improvement from a net loss of **$16.5 million**, or **$0.59 per diluted share**, in the third quarter of 2024.  **[1795815_0001493152-25-019827_ex99-1.htm:0]** 
- The company's **Return on Average Assets was 1.54%** for Q3 2025, up from **1.45%** in the prior quarter, and the **efficiency ratio improved to 51.75%** from **56.09%**.  **[1795815_0001493152-25-019827_ex99-1.htm:0]**  The Net Interest Margin for Q3 2025 was **4.52%**, compared with **4.61%** in the prior quarter.  **[1795815_0001493152-25-019827_ex99-1.htm:0]** 
- Total assets increased to **$4.10 billion** at September 30, 2025, from **$3.95 billion** at June 30, 2025, primarily due to a **$147.4 million increase in total deposits** to **$3.46 billion**.  **[1795815_0001493152-25-019827_ex99-1.htm:1]** 
- California BanCorp redeemed **$20.0 million** in high-cost subordinated notes during the third quarter of 2025 and repurchased **89,500 shares** of common stock for **$1.4 million** under its stock repurchase program.  **[1795815_0001493152-25-019827_ex99-1.htm:0]** **[1795815_0001493152-25-019827_ex99-1.htm:1]** 
- Asset quality improved, with the non-performing assets to total assets ratio decreasing to **0.38%** at September 30, 2025, from **0.46%** at June 30, 2025.  **[1795815_0001493152-25-019827_ex99-1.htm:0]** **[1795815_0001493152-25-019827_ex99-1.htm:1]**

California BanCorp \ CA (BCAL)