NewsSan Diego Business JournalOctober 26, 2026San Diego County
California Bank of Commerce opens new San Francisco loan office to complete regional expansion
Photo: San Diego Business Journal
California Bank of Commerce opened a new commercial loan production office on Market Street in downtown San Francisco, completing its strategic expansion plan across Northern and Southern California. The holding company, California BanCorp, reported $14.3 million in net income for the second quarter of 2026 and stated its focus has shifted from geographic expansion to client satisfaction and retention.
Read the full story at San Diego Business JournalWhy It Matters
Local businesses seeking commercial banking services gain a new relationship-based lending option in downtown San Francisco, backed by a bank with approximately $4.2 billion in total assets.
Key Facts
- California BanCorp opened a new commercial loan production office on Market Street in downtown San Francisco on Oct. 1.
- The new San Francisco office marks the completion of the bank's strategic expansion plan in the Bay Area market.
- California BanCorp reported a net income of $14.3 million for the second quarter of 2026, up from $13.8 million in the first quarter of 2026.
- The bank employs over 300 people across 14 branches and four loan offices.
- CBC's expansion followed a 2024 merger between California BanCorp and Southern California BanCorp, resulting in approximately $4.2 billion in total assets.
- With the new San Francisco office, the bank has established a presence in targeted counties including Ventura, Los Angeles, Riverside, Orange, San Diego, Alameda, San Francisco, Santa Clara, Contra Costa, and Sacramento.
- Lisa Wang will oversee the San Francisco loan office while continuing her role as commercial banking leader in San Jose.
- The bank has shifted its focus away from expanding into new regions and toward maintaining high client satisfaction.
- California Bank of Commerce was founded in 2001, is headquartered in Del Mar, California, and reported $226 million in revenue for fiscal year 2025.
Who's Mentioned
locationSanta Clara“Targeted county for bank operations.”locationSan Francisco“City where the new commercial loan production office was opened.”PersonDavid Rainer“CEO and Chairman of California Bank of Commerce.”locationOrange“Targeted county for bank operations.”OrganizationBank of Southern California“Subsidiary with 13 full-service bank branches in Southern California.”locationVentura“Targeted county for bank operations.”locationDel Mar“California city where California Bank of Commerce is headquartered.”OrganizationSouthern California BanCorp“Holding company that merged with California BanCorp in 2024.”PersonLisa Wang“Regional manager for California Bank of Commerce overseeing the San Francisco lo”PersonRichard Hernandez“President of California Bank of Commerce.”locationRiverside“Targeted county for bank operations.”OrganizationCalifornia Bank of Commerce“San Diego-based commercial bank expanding its operations.”locationLos Angeles“Targeted county for bank operations.”locationContra Costa“Targeted county for bank operations.”locationSan Jose“City where Lisa Wang serves as commercial banking leader.”locationAlameda“Targeted county for bank operations.”locationSacramento“Targeted county for bank operations.”locationMarket Street“Location of the new San Francisco loan production office in downtown San Francis”OrganizationCalifornia BanCorp“Holding company for California Bank of Commerce.”locationSan Diego“Targeted county and city headquarters for bank operations.”