IRVINE, CALIF. (August 7, 2017) – Commercial Bank of California (CBC), a BauerFinancial Five-Star Superior Bank, is proud to be recognized as one of the top commercial banks in Orange County in an annual rankings list by the Orange County Business Journal (OCBJ).
The list ranked the top commercial banks in Orange County based on deposits as of June 30, 2016. At that time, CBC Orange County deposits totaled $376.9 million, which indicates a 38% growth since the previous year.
Since the ranking date CBC has continued to enjoy dramatic growth. As of June 30, 2017, the Bank’s total deposits rose to $734 million from $663 million at June 30, 2016. Total assets were $826 million, compared to $778 million a year ago. Loans also experienced significant growth, rising to $536 million versus a June 30, 2016 total of $511 million. Total capital at June 30, 2017 was $88 million, an increase from $78 million on the comparable date in 2016.
About Commercial Bank of California
CBC is a full-service bank serving the business and professional communities of Los Angeles and Orange counties. Recognized as a BauerFinancial, Inc. “Five-Star Bank” for its financial strength and stability, CBC provides the financial expertise of a major bank while maintaining a commitment to personalized service for every CBC client. More information about CBC’s custom solutions for your business is available at www.cbcal.com.