Commercial Bank of California Announces Results for the Second Quarter and First Six Months of 2017 CBC's positive momentum increased in the second quarter of 2017, and our operating performance continues to strengthen. We again registered substantial profits and growth in our assets, deposits, and net loans.
Commercial Bank of California Sponsors Third Party Payment Processors Association Webinar Series CBC will partner with the TPPPA in offering a variety of complimentary training sessions to support payment processors in their ongoing compliance efforts. Houri Wartanian, CBC’s Executive Vice President of Payments Solutions, will participate as a panelist in the webinar series.
Commercial Bank of California Announces Solid Financial Results for First Quarter of 2017 Commercial Bank of California is off to an excellent start in 2017, building on the achievements and momentum from last year. We continue to demonstrate strong performance, with solid growth in assets, deposits and loans and a substantial increase in profits.
Commercial Bank of California Announces Strong Financial Results for 2016 Our long-standing focus on high credit quality continues to serve us well. Non-performing assets net of federal guarantees totaled just $1.0 million at December 31, 2016, compared to reserves of $8.9 million. In 2016, the Bank successfully completed a merger with National Bank of California, which...
Commercial Bank of California Establishes New Regional Office in Santa Monica CBC opens first new branch since the completion of the merger with National Bank of California earlier this year; the milestone was marked yesterday with a formal ribbon-cutting ceremony and a warm welcome from local dignitaries and the Santa Monica Chamber of Commerce.
Commercial Bank of California Maintains Perfect Score from Leading Industry Analyst This is the highest rating that BauerFinancial assigns, and is based on financial data provided to the federal government reflecting the health of each institution. With one of the strongest capitalization rates in the country, a healthy rate of growth over the past five years, and excellence in...
Commercial Bank of California Completes Merger with National Bank of California This merger is a key step in our growth strategy, putting us well on our way to becoming a privately held billion-dollar bank. By combining our reach and resources, we’ll be able to provide the most personalized banking services to the residents of Southern California.
Commercial Bank of California and National Bank of California Receive Regulatory Approval for Merger The combined bank will continue to serve its Los Angeles County and Orange County customer base. Based on financial information as of December 31, 2015, the combined bank would have total assets of over $750 million and total deposits of over $650 million.