The estimated Net Worth of Steven E. Shelton is at least $2.64 Million dollars as of 2 May 2023. Mr. Shelton owns over 1,500 units of California BanCorp stock worth over $1,548,605 and over the last 5 years he sold CALB stock worth over $0. In addition, he makes $1,093,430 as President, Chief Executive Officer, and Director of the Company and the Bank at California BanCorp.
Steven has made over 1 trades of the California BanCorp stock since 2023, according to the Form 4 filled with the SEC. Most recently he bought 1,500 units of CALB stock worth $21,885 on 2 May 2023.
The largest trade he's ever made was buying 1,500 units of California BanCorp stock on 2 May 2023 worth over $21,885. On average, Steven trades about 250 units every 0 days since 2020. As of 2 May 2023 he still owns at least 61,722 units of California BanCorp stock.
You can see the complete history of Mr. Shelton stock trades at the bottom of the page.
Steven E. Shelton serves as President, Chief Executive Officer, Director of the Company and the Bank of the Company. Previously he served as Executive Vice President of California Bank of Commerce since its organization in 2007. Prior thereto, Mr. Shelton served for 13 years in various executive management positions with CivicBank of Commerce in Oakland, California, most recently as its president. Mr. Shelton brings extensive leadership and banking experience to our Board. His extended career in banking as well as his broad and deep banking industry and bank regulatory experience are important attributes that support our Board. In addition, the Board values Mr. Shelton’s in-depth knowledge of the Company through his position as our President and Chief Executive Officer, including with respect to its operations, strategy, financial condition and competitive position.
As the President, Chief Executive Officer, and Director of the Company and the Bank of California BanCorp, the total compensation of Steven Shelton at California BanCorp is $1,093,430. There are no executives at California BanCorp getting paid more.
Steven Shelton is 59, he's been the President, Chief Executive Officer, and Director of the Company and the Bank of California BanCorp since 2018. There are 6 older and 11 younger executives at California BanCorp. The oldest executive at California BanCorp is John E. Lindstedt, 86, who is the Sr. Exec. VP.
Steven's mailing address filed with the SEC is 1300 CLAY STREET, SUITE 500, , OAKLAND, CA, 94612.
Over the last 5 years, insiders at California BanCorp have traded over $694,011 worth of California BanCorp stock and bought 30,204 units worth $413,063 . The most active insiders traders include Stephen A. Cortese, Wayne S. Doiguchi, and Scott Alexander Myers. On average, California BanCorp executives and independent directors trade stock every 35 days with the average trade being worth of $51,635. The most recent stock trade was executed by Scott Alexander Myers on 1 February 2024, trading 2,564 units of CALB stock currently worth $63,280.
California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services in California. It accepts various deposit products, including commercial checking, savings, and money market accounts, as well as certificates of deposit. The company also offers asset-based lending loans; standby letters of credit; construction and development loans; real estate loans, such as commercial real estate loans and other loans; small business administration (SBA) loans, including SBA 7(a) and SBA 504 loans; consumer loans, such as secured and unsecured installment loans, and revolving lines of credit; and commercial and industrial loans, including term loans, working capital, accounts receivable and inventory financing, and other business loans to the dental and veterinary industries, contractors, and emerging companies. In addition, it provides foreign exchange, treasury and cash management, and online and mobile banking services. The company has a full-service branch in California located in Contra Costa County, California; and 4 loan production offices in Alameda, Contra Costa, Sacramento, and Santa Clara. California BanCorp was incorporated in 2007 and is headquartered in Oakland, California.
California BanCorp executives and other stock owners filed with the SEC include: