Contact Media Relations

Please direct press inquiries regarding CB&T to:

Sean Dowdall
Landis Communications, Inc.
Office - (415) 359-2313
Mobile - (415) 286-7121


News & Press Releases

Dodd-Frank Act Company-Run Capital Stress Test Disclosure

California Bank & Trust Explanation of Significant Changes in Regulatory Capital – California Bank & Trust’s Tier 1 Common ratio is projected to decline from 11.3% at the beginning of the forecast period to 7.6% over the nine-quarter forecast horizon in the Supervisory Severe Adverse scenario. Read More >

2014 CBT Fourth Quarter Financial Performance

Fourth Quarter 2014 Significant Items – California Bank & Trust posted net income of $101.3 million for the year ending December 31, 2014, a decline of 27.7% compared to $140.1 million earned in 2013. Excluding excess accretion on Purchased Credit Impaired (PCI) loans resulting from the re-estimation of cash flows, loss on sales of investment securities, indemnification asset amortization expense, the related income taxes and one-time income tax adjustment in 2013, normalized net income decreased 14.5%, totaling $102,606 and $120,032 for 2014 and 2013. Read More >

Zions Bancorporation Reports Annual Net Earnings for 2014 of $333 Million, or $1.71 Per Diluted Common Share

SALT LAKE CITY, January 26, 2015 – Zions Bancorporation (NASDAQ: ZION) (“Zions” or “the Company”) today reported annual net earnings for 2014 of $333.0 million, or $1.71 per diluted common share, compared to $294.0 million, or $1.58 per diluted common share, for 2013. Read More >

CB&T California Business Magazine, Jan 2015

California Bank & Trust is proud to release its third issue of California Business magazine, designed to provide a wide range of ideas and insights to help meet the many challenges of doing business in California. Read More >

Apple Pay™ is Now Available to CB&T Visa® Cardholders

Use Apple Pay™ and your CB&T Visa® Credit or Debit card to pay the easy, secure and private way at participating stores and apps. Read More >

California Bank & Trust Continues Investment in Antelope Valley, Will Relocate Palmdale Branch

PALMDALE, January 14, 2015 -- California Bank & Trust (CB&T) will move its Palmdale branch to 748 W. Rancho Vista Blvd, Suite C from its current address of 1667 E. Palmdale Blvd. Opening on Monday, March 23, 2015, the new location will be more convenient for customers as it is a short distance from major retailers and supermarkets. Read More >

California Bank & Trust Gardena Branch Moves to 1292 West Redondo Beach Blvd.

GARDENA, December 22, 2014 -- California Bank & Trust (CB&T) moved its Gardena branch from 1655 West Redondo Beach Blvd. to a new location less than a half-mile away at 1292 West Redondo Beach Blvd. – located in the Gardena Valley Shopping Center. Remaining in Gardena, the new location’s smaller footprint and digital tools have been optimized for banking customers’ increasing desire to manage their finances online while having the option of an in-person banking experience. The new branch is situated along a key retail corridor and will provide convenience for shoppers in the area. Read More >

California Bank & Trust Indio Branch Moves to 80-250 Highway 111, Space 101C

INDIO, November 24, 2014 -- California Bank & Trust (CB&T) moved its Indio branch from 81-701 Highway 111 to a new location less than a mile away at 80-250 Highway 111 -- across the street from Shields Date Gardens. Remaining in Indio, the new location is closer to many of the retailers in La Quinta, providing convenience for Indio residents. Read More >

Apple Pay™ available soon for use with your California Bank & Trust Credit or Debit Cards

Soon you’ll be able to use your California Bank & Trust Credit Card or Debit Card with Apple Pay™—the easy, secure, and private way to pay. With Apple Pay and your iPhone 6, pay in stores without swiping your cards and in apps without entering payment and contact information. Simply pay with a single touch of your finger using Touch ID. Read More >

2014 CBT Third Quarter Financial Performance

Third Quarter 2014 Significant Items – Net income for the nine months ending September 30, 2014 was $79.0 million. This compares to $97.5 million earned during the same period of 2013, but includes one-time securities losses of $13.0 million, taken earlier this year to dispose of all remaining trust preferred CDOs. Read More >