Southern California Bancorp(BCAL) - 2024 Q4 - Annual Results

Exhibit 99.1 CALIFORNIA BANCORP REPORTS NET INCOME OF $16.8 MILLION FOR THE FOURTH QUARTER AND$5.4 MILLION FOR THE FULL YEAR OF 2024 San Diego, Calif., January 29, 2025 – California BanCorp ("us," "we," "our," or the "Company") (NASDAQ: BCAL), the holding company for California Bank of Commerce, N.A. (the "Bank") announces its consolidated financial results for the fourth quarter and full year of 2024. The Company reported net income of $16.8 million, or$0.51 per diluted share, for the fourth quarter of 2 ...