Company Overview of California Bank & Trust
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
San Diego, CA 92130
Founded in 1972
Key Executives for California Bank & Trust
Chairman, Chief Executive Officer and President
Chief Financial Officer and Chief Operating Officer
Senior Vice President and Corporate Marketing Director
Senior Vice President of San Diego North
Compensation as of Fiscal Year 2015.
California Bank & Trust Key Developments
California Bank & Trust Announces Management Changes
Dec 4 15
California Bank & Trust said CFO Eric Ellingsen will add the new titles on Jan. 1. Chief operating officer is a newly created position at the CB&T. The expanded role for Ellingsen will include oversight of small business and branch banking for San Diego and Northern California. That role had been covered by Tory Nixon, who resigned last month to pursue other opportunities. Nixon, who played cornerback for the San Francisco 49ers in the 1980s, had worked for CB&T since 2003. Ellingsen will also retain his role as head of corporate services, a division that includes treasury management, foreign exchange and trade finance. Separately, CB&T promoted David Bale to executive vice president with oversight of commercial banking offices in the San Diego region. Bale will also remain head of the bank's residential mortgage business.
California Bank & Trust Reports Earnings Results for the Nine Months Ended September 30, 2015
Dec 1 15
California Bank & Trust reported earnings results for the nine months ended September 30, 2015. For the nine months the company reported net income was $77.99 million, compared to $78.98 million for the same period ended September 30, 2014. Net interest income for the nine months ended September 30, 2015 was $291.79 million, compared to $313.10 million for the same period ended September 30, 2014. Income before income taxes for the nine months ended September 30, 2015 was $128.01 million, compared to $129.16 million for the same period ended September 30, 2014.
California Bank & Trust Reports Earnings Results for the Six Months Ended June 30, 2015
Aug 20 15
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.
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