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Latest

Earnings up as Community West Bank reports 10% non-PPP loan growth

By   /  Monday, November 1st, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Earnings up as Community West Bank reports 10% non-PPP loan growth

Goleta-based Community West Bancshares reported “strong” earnings in the third quarter, fueled by an expanded balance sheet and increased net interest, according to a quarterly report released Nov. 1. The parent company of Community West Bank said its net income for the most recent quarter was $3.6 million, or 41 cents per diluted share, compared Read More →

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Community West Bank names new president

By   /  Monday, October 4th, 2021  /  Banking & Finance, Banking Industry, Central Coast, Latest news, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community West Bank names new president

Goleta-based Community West Bancshares announced Oct. 4 that William Filippin, a 26-year banking industry veteran, has been promoted to president of Community West Bank. Filippin’s responsibilities include day-to-day decisions about policy, procedure and process, according to a news release from Community West Bancshares. He began his new role on Oct. 1. “Bill’s strategic contributions over Read More →

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Latest

Community West Bank reports increase in quarterly earnings

By   /  Monday, August 2nd, 2021  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community West Bank reports increase in quarterly earnings

In another sign of strength for the regional banking industry, Goleta-based Community West Bancshares reported a 17.5% increase in net income for the second quarter, to 41 cents per share. The parent of Community West Bank said on Aug. 2 that earnings for the most recent quarter were $3.6 million, versus $3 million for the Read More →

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Latest

Earnings up at Community West Bank

By   /  Monday, October 26th, 2020  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Earnings up at Community West Bank

Community West Bancshares, the holding company for Goleta-based Community West Bank, saw net income and net interest income rise in the third quarter, according to the company’s latest financial filings. The bank reported a net income of $2.9 million, or 33 cents per diluted share, as compared to $2.2 million, or 25 cents per diluted Read More →

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Latest

Community West Bancshares income down for fourth quarter but up for 2016

By   /  Friday, January 27th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Community West Bancshares income down for fourth quarter but up for 2016

Community West Bancshares, parent company of Goleta-based Community West Bank, reported net income of $1.3 million in the fourth quarter of 2016, or 16 cents per diluted share, down from $1.9 million in the fourth quarter last year. While net income was down for the quarter, it reached $5.2 million in 2016, up from $2.9 Read More →

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Latest

Community West Bank opens new Santa Maria Branch

By   /  Thursday, January 19th, 2017  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Community West Bank opens new Santa Maria Branch

Community West Bancshares, parent company of Community West Bank, announced the opening of its full-service Santa Maria branch at 122 Betteravia Road on Jan. 17, replacing its 2615 S. Miller St. location. The move continues its Central Coast expansion after the bank opened its first full-service San Luis Obispo branch at 4464 Broad St. in Read More →

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Latest

Net income up at Community West Bancshares

By   /  Friday, October 28th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Net income up at Community West Bancshares

Community West Bancshares said third quarter net income was $1.5 million, up from $1.1 million in the second quarter and on pace with year-earlier earnings. For the nine months ended Sept. 30, the bank reported net income of $3.9 million versus $1 million for the prior year; loans grew 12.9 percent to $601.9 million on Read More →

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