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CBC 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...
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CBC 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.
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CBC 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...
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CBC 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.
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CBC 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.
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CBC Receives Perfect Score from Leading Industry Analyst
The five-star rating from BauerFinancial, Inc. is based on financial data provided to the federal government and it reflects the financial stability of each institution. With one of the strongest capitalization rates in the country and a healthy rate of growth over the past five years, CBC stands...
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CBCAL - NBCAL Merger
National Bank of California and Commercial Bank of California today announced the execution of a definitive agreement providing for the acquisition of Commercial Bank of California by NCAL Bancorp through the merger of a wholly-owned subsidiary of NCAL Bancorp with and into Commercial Bank of...
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Jason DiLuigi as Head of Corporate Banking
“We are just at the beginning of building a new, transformative bank and Jason will be central to our effort,“ said Ash Patel, the President and Chief Executive Officer of Commercial Bank of California. “Jason not only understands banking, but is an Orange County entrepreneur at heart and is...
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Long-Time Banking Executive Named to Bank’s Board of Directors
“Commercial Bank of California has built a very strong presence in Orange County in a very short period of time by providing outstanding service and a wide range of business and personal banking solutions,” Patel said. “Now it is time to turn the bank into an organization that celebrates human...
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