Oakland police spokesman Jeff Thomason said Monday the shooting was not a random act, adding the victim was specifically targeted.
The shooting sent shock waves through the East Bay after people heard that a man had been shot in the back at 9:15 a.m. as he got money out of a Bank of America ATM on Broadway.
Investigators would not discuss a possible motive for the shooting, but Thomason said the crime was "not something the general public should be worried about" in terms of doing business at the bank on Broadway.
"The shooting had to do with the man who was the victim, not the ATM or the area," Thomason told Bay City News.
The victim remains in critical condition Monday at Highland Hospital.