News & Press Releases
California Bank & Trust Recognized as Leading Business Bank by Greenwich Associates
Greenwich Associates doubles number of awards recognizing bank from last year, making CB&T one of the most awarded banks in U.S. Read More >
ZIONS BANCORPORATION REPORTS EARNINGS OF $0.37 PER DILUTED COMMON SHARE FOR FIRST QUARTER 2015
SALT LAKE CITY, April 20, 2015 – Zions Bancorporation (NASDAQ: ZION) (“Zions” or “the Company”) today reported first quarter net earnings applicable to common shareholders of $75.3 million, or $0.37 per diluted common share, compared to $66.8 million, or $0.33 per diluted common share, for the fourth quarter of 2014. Read More >
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 >
