Sunday, July 5, 2020

All 39 California Banks Filing With the SEC Reported Total Pretax Income in the 1Q of 2020 Which Declined By 98% From the 1Q of 2019

From a review of Company SEC filings and web earnings releases, I found 39 Banks headquartered all throughout the State of California which filed their 1Q 2020 financial statements with the SEC.

The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of these 39 Banks.
  US US
GAAP GAAP
Pretax Pretax
  Income Income
(Loss) (Loss) Better
  First First (Worse)
    Quarter Quarter %
California Banks   2020 2019  Change
All Cos Filing 1Q 2020 Financial Statements With SEC City HQs mils $ mils $
Wells Fargo & Company San Francisco            664.000         6,848.000
First Republic Bank San Francisco            271.789            268.344
SVB Financial Santa Clara            183.006            399.047
East West Bancorp Pasadena            164.010            195.091
Cathay General Bancorp Los Angeles              55.943              85.267
CVB Financial Corp Ontario              53.305              72.735
Hope Bancorp Los Angeles              32.415              57.197
Pacific Premier Bancorp Irvine              31.565              53.984
Preferred Bank Los Angeles              22.979              26.577
WestAmerica Bancorporation San Rafael              22.233              25.385
Trico Bancshares Chico              22.193              31.821
First Foundation Inc Irvine              18.607              16.027
Farmers & Merchants Bancorp Lodi              18.563              18.226
Luther Burbank Santa Rosa              10.754              16.923
Sierra Bancorp Porterville              10.275              11.727
RBB Bancorp Los Angeles              10.000              14.239
Bank of Marin Bancorp Novato                9.570              10.089
Central Valley Community Bancorp Fresno                9.167                7.169
First Choice Bancorp Cerritos                6.369              10.264
Silvergate Capital Corp LaJolla                6.167              13.434
PCB Bancorp Los Angeles                5.129                9.358
OP Bancorp Los Angeles                4.462                6.258
BayCom Walnut Creek                3.984                6.960
United Security Bancshares Fresno                3.862                5.630
First Northern Community Basncorp Dixon                3.660                5.521
Oak Valley Bancorp Oakdale                3.613                4.153
Summit State Bank Santa Rosa                3.432                1.728
Hanmi Financial Corp Los Angeles                3.391              20.960
Heritage Commerce Corp San Jose                2.729              16.653
Community West Bancshares Goleta                2.292                2.167
American River Bankshares Rancho Cordova                1.929                1.520
Provident Financial Holdings Riverside                1.612               (0.340)
Bank of Commerce Holding Redding                1.245                3.138
California BanCorp Oakland                0.665                2.504
Broadway Financial Corp Los Angeles               (0.083)                0.319
Pacific Mercantile Bancorp Costa Mesa               (3.352)                1.258
Bank of California Santa Ana               (8.758)                9.756
Opus Bank Irvine             (81.617)              14.297
PacWest Bancorp Brea        (1,421.123)            155.653
Total all 39 California Banks            149.982         8,449.039 -98%



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