Beach Cities Commercial Bank Announces Second Quarter 2026 Financial Results
Beach Cities Commercial Bank, www.beachcitiescb.com (OTCQB: BCCB) (the "Bank"), today announced financial results for the quarter ended June 30, 2026. Thomas J. Inserra – President & CEO stated: “We are pleased to announce the achievement of three key milestones, including: 1) Reaching an Asset size of $188.9 million; 2) Profit for the second quarter; and 3) Attainment of Year-to-Date profitability through the first seven months of 2026 as a notable subsequent event. These key milestones demonstrate the bank has now achieved sufficient asset size to generate sustained profitability. We would like to thank our growing and loyal small-business client base, our shareholders, Board Members and our employees for their support in reaching these key milestones.”
Significant items for the period include:
Total assets were $188.9 million as of June 30, 2026, which increased by $12.1 million from December 31, 2025 (7% growth). On a twelve-months basis, total assets increased by $26.4 million (16% growth) from June 30, 2025.
Gross loans were $153.5 million as of June 30, 2026, which increased by $9.5 million from December 31, 2025, (7% growth). Compared to June 30, 2025, gross loans increased $22.2 million (17%).
