Northern California Bancorp, Inc. (the “Corporation”) was incorporated on August 29, 1995, as a for-profit corporation under California law for the principal purpose of engaging in banking and non-banking activities as allowed for a bank holding company. At December 31, 2011, on a consolidated basis, the Corporation had total assets of $245,677,000, total loans of $153,925,000 and total deposits of $203,613,000. It owns 100% of the stock of Monterey County Bank, Monterey, California (the “Bank”). The Corporation’s sources of revenues at this time are dividends on investments, gains on securities transactions and potential dividends, management fees and tax equalization payments, if any, from the Bank. As a result of various regulatory orders and agreements to which the Bank and the Corporation became subject in 2010, the Bank is presently prohibited from paying dividends and the Corporation has agreed not to accept dividends from the Bank absent prior regulatory authorization to do so.
Company profile
Ticker
NRLB
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MONTEREY COUNTY BANK
SEC CIK
Corporate docs
Latest filings (excl ownership)
D
$2.19M in equity, sold $2.19M, 12 investors
18 Nov 15
D
$50K in equity, sold $50K
4 Jun 15
D
$1.25M in equity, sold $1.25M
4 Jun 15
D
$70K in equity
3 Jun 15
D
$10M in equity
18 Aug 14
15-12G/A
Securities registration termination (amended)
23 May 12
10-Q
2012 Q1
Quarterly report
22 May 12
NT 10-Q
Notice of late quarterly filing
14 May 12
15-12G
Securities registration termination
11 May 12
10-K
2011 FY
Annual report
16 Apr 12
Latest ownership filings
No filings