California BanCorp reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 18.65 million compared to USD 16.22 million a year ago. Net income was USD 5.44 million compared to USD 4.24 million a year ago. Basic earnings per share from continuing operations was USD 0.65 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 0.65 compared to USD 0.51 a year ago.
For the six months, net interest income was USD 37.4 million compared to USD 30.75 million a year ago. Net income was USD 10.89 million compared to USD 7.92 million a year ago. Basic earnings per share from continuing operations was USD 1.3 compared to USD 0.96 a year ago. Diluted earnings per share from continuing operations was USD 1.29 compared to USD 0.94 a year ago.