Southern California Bancorp(BCAL) - 2024 Q3 - Quarterly Results

Exhibit 99.1 CALIFORNIA BANCORP REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2024 San Diego, Calif., October 29, 2024 – 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 third quarter of 2024. The Company reported net loss of $16.5 million for the third quarter of 2024, or$0.59 diluted loss per share, compared to net income of $190 thousand, or$0.01 per d ...