NorCal Community Bancorp reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For quarter, net interest income was $3,078,000 against $3,289,000 a year ago. Loss before provision for income taxes was $1,076,000 against income before provision for income taxes of $85,000 a year ago. Net loss was $584,000 or $0.19 per basic and diluted share against net income of $102,000 or $0.03 per basic and diluted share a year ago. Negative return on average assets was 0.86% against return on average assets of 0.15% a year ago. Negative return on average equity was 9.49% against return on average equity of $1.48% a year ago. For the nine months, net interest income was $9,310,000 against $10,494,000 a year ago. Loss before provision for income taxes was $1,312,000 against income before provision for income taxes of $85,000 a year ago. Net loss was $622,000 or $0.20 per basic and diluted share against net income of $990,000 or $0.33 per basic and diluted share a year ago. Negative return on average assets was 0.31% against return on average assets of 0.48% a year ago. Negative return on average equity was 3.38% against return on average equity of 4.85% a year ago.

NorCal Community Bancorp reported unaudited earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net loss of $377,000 or $0.12 per diluted share compared with net income of $360,000 or $0.11 per diluted share for the same period a year ago. Net interest income was $3,103,000 compared to $3,466,000 for the same period of last year. Loss before provision for income taxes was $735,000 compared to income before provision for income taxes of $532,000 for the same period of last year. Return on average assets in negative was 0.57% compared to return on average assets of 0.51% for the same period of last year. Return on average equity in negative was 6.11% compared to return on average equity of 5.32% for the same period of last year. For the six months, the company reported a net loss of $37,000, or $0.01 per diluted share compared with net income of $888,000 or $0.27 per diluted share for the same period in 2008. The second quarter and first half losses are primarily attributable to increased loan loss provisions associated with declining real estate values coupled with adverse State economic conditions and a 178%, or $160,000, increase in FDIC insurance expense. Net interest income was $6,232,000 compared to $7,205,000 for the same period of last year. Loss before provision for income taxes was $235,000 compared to income before provision for income taxes of $1,367,000 for the same period of last year. Return on average assets in negative was 0.03% compared to return on average assets of 0.64% for the same period of last year. Return on average equity in negative was 0.30% compared to return on average equity of 6.57% for the same period of last year.

NorCal Community Bancorp announced unaudited earnings results for the first quarter ended March 31, 2009. Net income for the three months ended March 31, 2009 totaled $340,000 or $0.11 per basic and diluted share, a decrease of $188,000, or 36% as compared to $528,000, or $0.16 per basic and diluted share for the three months ended March 31 2008. The company reported income before provision for income taxes of $500,000 on net interest income of $3,130,000 compared to income before provision for income taxes of $835,000 on net interest income of $3,739,000 for the same period of last year. The company reported return on average assets of 0.52% and return on average equity of 5.64% compared to return on average assets of 0.77% and return on average equity of 7.81% for the same period of last year. The company restated audited earnings results for the full year ended December 31, 2008. The company restated its 2008 financial statements as a result of re-examination of the company's loan portfolio and impaired assets. Restated results for 2008 include a loss for the year of $2.4 million or $0.88 per basic and diluted share, compared to net income of $2.9 million or $0.87 per diluted share for 2007. The loss in 2008 was attributable primarily to a provision for loan and lease losses of $7.8 million for the year. The company restated loss before provision for income taxes of $4,373,000 on net interest income of $13,600,000 compared to income before provision for income taxes of $4,648,000 on net interest income of $14,871,000 for the same period of last year. The company reported return on average assets of negative 0.87% and return on average equity of negative 8.79% compared to return on average assets of 1.08% and return on average equity of 11.68% for the same period of last year.