Accounting standard newly cited
Filing comparison
California BanCorp \ CA cited accounting standard ASU 2025-08 for the first time in this filing series
On January 1, 2026, the Company adopted ASU 2025-08, Financial Instruments—Credit Losses (Topic 326): Purchased Loans.
Evidence
- Adopted
- 2025-08
- Contexts
- On January 1, 2026, the Company adopted ASU 2025-08, Financial Instruments—Credit Losses (Topic 326): Purchased Loans.
- New standards
- 2025-08, 2025-11
- Prior filed
- 2025-11-07
- Prior form
- 10-Q
- Restates existing policy
- No
- Source
- accounting standards update (ASU) reference comparison
- Why
- An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.