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 25, 2024

New Phone System & Unintended Interruptions

Please rest assured that these phone issues have no impact on the ongoing strength and stability of Commercial Bank of California.

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.   

March 15, 2024

Consejos Para la Temporada de Impuestos: Ten Cuidado Con Estos Fraudes Fiscales Comunes

Con la temporada de impuestos sobre nosotros, aquí tienes varios consejos de nuestro equipo de Seguridad de la Información para proteger tu negocio y tu familia.

March 11, 2024

What a Difference a Week Makes:  Soft February Employment Data Reignites Rate Cut Hopes

Our insight on the economic data from the week of March 4 shows adjusted employment data, changes in inflation and consumer spending.

March 4, 2024

Both Fed Chair Powell and Berkshire Hathaway Chair Buffett Agree – Patience Pays

Last week, all eyes were on the Personal Consumption Expenditures (PCE) inflation index for Jan-uary. Besides the inflation report, other meaningful economic data was released, and we saw the S&P 500 and NASDAQ hit all-time highs last Friday. Many of us also read Warren Buffett’s annual letter to Berkshire Hathaway shareholders, with its timeless investment wisdom. Let’s review some of the important economic data released last week

February 27, 2024

Strong Retail & Wholesale Inflation Data: Don’t Hold Your Breath on Rate Cuts Any Time Soon!

Once again, we had conflicting economic data during the week of February 12th – consumer and wholesale prices jumped in January, while in the same month retail sales dropped more than expected. What does all this mean? Read more!