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2021 Financial Report
Mar 29th 2022
Commercial Bank of California Achieves Record Growth and Profitability For Fourth Quarter and Full Year 2021.
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Commercial Bank of California Reports Strong Growth, Continued Profitability in Third Quarter of 2022
Dec 22nd, 2022
Highlights Include: • Total assets, total deposits, investment securities, and net loans all increased significantly over prior-year levels • Net interest income increased 33.1% year-over-year, representing CBC’s highest nine-month net interest income in its history • Core earnings (...
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Commercial Bank of California Reports Strong Growth, Continued Profitability in First Quarter of 2022
May 31st 2022
Highlights Include: • Total assets, total deposits, investment securities, and net loans (excluding Paycheck Protection Program loans) all increased significantly over prior-year levels • Net interest income increased 23.8% year-over-year, the highest net interest income to date • Core earnings (...
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Commercial Bank of California Reports Surging Profitability, Strong Growth in Third Quarter of 2021
Dec 14th 2021
Highlights Include: • Net income for the first nine months of 2021 increased by 164% over the same period in 2020 • Total assets, total deposits, and net loans all grew substantially from prior-year levels • Net income benefited from higher fee income from payment processing, SBA loan sales, and...
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CBC Partners with Stifel Financial Corp. to Discuss the Latest Growth Report of the Domestic Economy
Oct 4th 2021
CBC partnered with Stifel Financial Corp.'s Lindsey M. Piegza, Ph.D., to discuss the latest growth report on the U.S. Domestic economy.
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Commercial Bank of California Reports Accelerating Profitability in Second Quarter of 2021
Aug 25th 2021
Highlights Include: • Total assets, total deposits, and net loans all recorded strong increases over prior-year levels • Net interest income increased due to continued strong growth in earning assets • Net income benefited from lower provision expense after 2020 reserve buildup in response to COVID...
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2020 Financial Report
Apr 7th 2021
Commercial Bank of California Achieves Record Growth and Continued Profitability in 2020
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CBC Partners with Stifel Financial Corp. to Discuss Forward Guidance from the Fed
Dec 14th 2020
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Ash Patel Discusses 46% Growth to $1.4B with OCBJ's Peter J. Brennan
Nov 3rd 2020
OCBJ: Irvine-based Commercial Bank of California reported its assets jumped 46% to $1.4 billion.
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A Hopeful Outlook for PPP Loans
Oct 20th 2020
It may seem like a we all have a laundry list of unanswered questions. But there is hope on the PPP loan forgiveness horizon.
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