September 10, 2024
Commercial Bank of California Ranked #1 Fastest-Growing Large Private Company in Orange County
We are excited to announce that CBC Bancorp has been recognized as the fastest-growing large private company in Orange County by the Orange County Business Journal. CBC has experienced a remarkable 12-month revenue reaching $142.5 million as of June. This represents an impressive 119.8% growth over the last two years.
August 14, 2024
Commercial Bank of California Reports Continued Strong Growth and Profitability in First Half of 2024
Highlights Include: IRVINE, CALIF. (August 14, 2024) – Commercial Bank of California (“CBC” or “Bank”), a BauerFinancial Four-Star Excellent Bank, today reported net income of $10.1 million for the first half of 2024, compared to $6.3 million for the first six months of 2023. For the second quarter of 2024, the Bank’s net income was […]
August 7, 2024
Labor Market Weakness Triggers Stock Market Sell-Off, Likely Rate Cuts
The two weeks since our last Economic Review have been busy ones for economic news, and that news has not been good for those hoping for Federal Reserve action to reduce interest rates in the near term.
July 29, 2024
Ash Patel Named Visionary CEO in 2024 L.A. Times Publishing’s Magazine
Ash Patel, chairman of the board, CEO & president of Commercial Bank of California was recognized by L.A. Times B2B Publishing a Visionary CEO
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July 19, 2024
We’re Minimally Impacted By Microsoft Global Outage
All bank funds and functions are safe and working as usual. However we are not able to log into out Microsoft PC computers.
May 20, 2024
CBC Bancorp Announces the Acquisition of Bay Community Bancorp
CBC Bancorp, the holding company for Commercial Bank of California (CBC), announces it has entered into a definitive acquisition agreement with Bay Community Bancorp (OTC Pink: CBOBA), the holding company for Community Bank of the Bay (CBB).
April 16, 2024
The Pace of Disinflation is Stalled, Pushing Back the First Rate Cut Expectation Beyond June
The two weeks since our last Economic Review have been busy ones for economic news, and that news has not been good for those hoping for Federal Reserve action to reduce interest rates in the near term.
March 26, 2024
Ash Patel Named Visionary in 2024 L.A. Times Publishing’s Banking & Finance Magazine
Ash Patel, chairman of the board, CEO & president of Commercial Bank of California was recognized by L.A. Times B2B Publishing’s Banking & Finance Magazine as a Visionary.
March 26, 2024
FOMC meeting: Reiterating Data Dependency & Reinforcing a Higher-For-Longer Rate Reality
Read our insight on the data from last week’s FOMC meeting where the Fed opted to keep interest rates unchanged, but confirmed cuts this year.
March 18, 2024
Core Inflation Exceeded Expectations for The Last Two Months – Stickier Than Expected
For now, the inflation news appears to be outweighing softening employment in terms of market impact. Let’s review some of the more significant economic data released last week.
