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November 26, 2015 10:48 PM ET


Company Overview of California Bank & Trust

Company Overview

California Bank & Trust provides personal and commercial banking services to corporations, small businesses, and individuals in California. It offers commercial banking products and services, including checking and savings accounts, certificates of deposit, and commercial online banking services; commercial financing and credit, such as commercial credit, business loans and leases, and SBA loans; treasury management services, including information services, liquidity solutions, payable solutions, receivable solutions, fraud protection services, and treasury management directory services; and international banking services, including foreign exchange, trade financing, CBtrade, and IBG directo...

11622 El Camino Real

Suite 200

San Diego, CA 92130

United States

Founded in 1972





Key Executives for California Bank & Trust

Chairman, Chief Executive Officer and President
Age: 66
Senior Vice President and Corporate Marketing Director
Senior Vice President
Senior Vice President of San Diego North
Head of Business & Personal Banking Division and Executive Vice President
Compensation as of Fiscal Year 2015.

California Bank & Trust Key Developments

California Bank & Trust Reports Earnings Results for the Six Months Ended June 30, 2015

California Bank & Trust reported earnings results for the six months ended June 30, 2015. For the period, the company reported net income of $52.50 million compared to $48.71 million for the same period ended June 30, 2014. Net interest income was $196.25 million compared to $213.74 million for the same period ended June 30, 2014. Income before income taxes was $86.12 million compared to $79.80 million for the same period ended June 30, 2014.

California Bank & Trust Hires Ardy Farokhirad as Senior Vice President, Regional Manager for the Greater Southern California East Region

California Bank & Trust announced that Ardy Farokhirad has been hired as senior vice president, regional manager for the Greater Southern California East Region. He will be overseeing eight branches in communities from the Inland Empire to Downtown Los Angeles, 50 employees and $722 million in deposits. Farokhirad brings to the company team 25 years of professional experience in financial services and an entrepreneurial background as a business owner and Chief Financial Officer. During his professional career Farokhirad has held senior leadership roles in commercial lending and credit administration, underwriting and structuring of wholesale credit, portfolio management of complex and large-scale business accounts, as well as the sales and operational management of commercial, business and retail banking at Wells Fargo and Bank of America. Most recently, he served as regional president for Commerce West Bank in Los Angeles, CA.

California Bank and Trust Promotes Michael Kadel to Senior Vice President

California Bank and Trust promoted Michael Kadel to Senior Vice President.

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