West Coast Community Bancorp Reports Record Deposits and Announces Earnings and Dividend for the Third Quarter of 2025

Earnings Overview: West Coast Community Bancorp reported unaudited earnings of $12.1 million for Q3 2025, a decrease from $12.9 million in the previous quarter but a significant increase of 47% from $8.2 million in Q3 2024. Year-to-date earnings reached $36.7 million, up 42% from the same period last year.

Dividend Declaration: The Bancorp Board declared a quarterly cash dividend of $0.22 per common share, payable on November 10, 2025, reflecting confidence in the bank's franchise value and earnings power.

Deposit Growth: Total deposits increased to $2.4 billion as of September 30, 2025, marking an 8% rise from the previous quarter and a 60% increase year-over-year, largely due to seasonal inflows from the agricultural sector and the merger with 1st Capital Bancorp.

Loan and Asset Quality: Gross loans rose by $17.2 million from the previous quarter and $732.7 million year-over-year, driven by construction loans and the merger. Nonaccrual loans accounted for 0.67% of gross loans, with an allowance for credit losses of $37.1 million, or 1.74% of total loans.