Community West Bank announces earnings
Community West Bank, which has nine officers throughout the Central Coast, announced it generated $10.8 million for the quarter ended Sept. 30, an increase from $3.3 million in the same quarter a year ago.
Gross loans increased by $51.8 million or 2.16% for the quarter ended Sept. 30 compared to the quarter ended June 30. Total deposits increased by $81 million or 2.7% compared to the quarter ended June 30, 2025.
Average non-interest-bearing demand deposit accounts as a percentage of total average deposits totaled 35.79% and 34.48% for the quarters ended Sept. 30 and June 30, respectively. Net interest margin increased to 4.20% for the quarter ended Sept. 30 from 4.10% and 3.95% for the quarters ended June 30 and Dec. 31, respectively.
Community West Bank also declared a 12 cents per common share cash dividend, payable on Nov. 14 to shareholders of record as of Oct. 31.
“The company’s solid third-quarter results reflect the strength of our team and the trust of the clients and communities we serve across Central California,” said James J. Kim, CEO of the CWB. “Our mission-driven approach as a committed community bank partner has defined us for more than 45 years. Even as the broader economy evolves – with slower growth and ongoing policy uncertainty – our focus remains steadfast. We continue to lead with discipline, maintaining credit quality, deposit stability, and prudent liquidity management, and we remain optimistic about what lies ahead.”
