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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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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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Commercial Bank of California Achieves Continued Profitable Results in Second Quarter of 2020
Sep 16th 2020
Highlights Include: • Total assets, total deposits, and net loans all increased significantly over prior-year levels • Funded over 825 Paycheck Protection Program (“PPP”) loans totaling $240 million • Net interest income increased due to strong growth in earning assets • Net income reflects higher...
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Commercial Bank Of California Announces New Cashflow Management Tool “CBCashflow”
Aug 28th 2020
Business Banking Clients Can Now Manage Invoices, Payments and Accounting Directly from CBC Online Business Banking Account
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Important Information Concerning the COVID-19 Coronavirus Pandemic
May 13th 2020
All of us at Commercial Bank of California consider the health and safety of our clients and team members to be our highest priority. Read our approach to the COVID-19 pandemic and how we are here to serve you.
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CBC Sponsors Third Party Payment Processors Association Webinar Series
Jul 17th 2017
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.
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2021 First Quarter Financial Report
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2020 First Quarter Financial Report
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2019 Third Quarter Financial Report
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