March 29, 2023
Commercial Bank of California Achieves Strong Growth, Record Profitability In 2022
Highlights Include: IRVINE, CALIF. (March 29, 2023) – Commercial Bank of California (“CBC” or “Bank”) today reported net income of $17.9 million for the full year 2022, compared to the $16.0 million earned in 2021. The full-year results for 2022 represented a return on average assets (“ROA”) of 0.9% and a return on average equity […]
March 15, 2023
An Update Regarding Silicon Valley Bank & Signature Bank
Ash Patel, Chairman, President & CEO of CBC explains what happened with these two banks and their closures, and how CBC is positioned differently for strength and longevity as a private bank.
March 10, 2023
A Message Regarding the Silicon Valley Bank News
Market volatility is a natural part of our economic cycle and we know that the news from Silicon Valley Bank today may have many people nervous. We want to ensure you that as a privately held bank with no ties to Silicon Valley Bank, CBC has endured many financial crises in our 20 year history […]
