California Bancorp

banksocal.com

What Do They Do?

Provides commercial loans, deposit accounts and treasury services to individuals, professionals and small to medium-sized businesses in California.

How Do They Make Money?

The bank charges customers for deposit-account maintenance, transactions and overdrafts, and earns interchange fees when its debit cards are used; both are tied to completed transactions.

revenue

Segment	Share	Revenue	How money arrives
Service charges and fees on deposit accounts Usage-based	69% FY2022: 56%		Usage-based
Interchange and ATM income Usage-based	31% FY2022: 44%		Usage-based

Who Are Their Customers?

It offers services through branch and commercial banking offices, delivering them directly or through strategic alliances with other service providers.

Do Revenues Turn Into Profits?

Yes. It kept 28 cents of every revenue dollar as net income in FY2025 and turned 25 cents into free cash flow.

Net income, FY2025

28% of revenue

▲ +1061% vs FY2024 ($5.4M, 3%)

Free cash flow, FY2025

25% of revenue

▲ +14% vs FY2024 ($49.7M, 28%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▼ −2%; vs $55.8M in Q2 FY2025
Net income: ▲ +1%; vs $14.1M in Q2 FY2025

Service charges and fees on deposit accounts share of revenue vs 68.1% in Q2 FY2025

Revenue over time

Service charges and fees on deposit accounts Interchange and ATM income

$5M$2.5M$0

FY2022 FY2023 FY2024 FY2025

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