West Coast Community Bancorp filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 10, 2026, reporting third-quarter net income of $16,740 thousand and nine-month net income of $43,888 thousand.

Key Highlights

  • Third-quarter net income: $16,740 thousand, up from $12,061 thousand in the same quarter of 2025, according to the filing.
  • Diluted earnings per share: $1.59 for Q3 2026, compared with $1.14 in Q3 2025, as reported.
  • Total assets: $2,983,584 thousand as of September 30, 2026, up from $2,883,684 thousand at December 31, 2025.
  • Loans held for investment: $2,336,998 thousand at September 30, 2026, compared with $2,172,464 thousand at December 31, 2025.
  • Total deposits: $2,555,185 thousand at September 30, 2026, versus $2,477,052 thousand at December 31, 2025.
  • Cash dividends declared: $0.72 per share for the nine months ended September 30, 2026, totaling $7,556 thousand.
  • Total shareholders' equity: $402,590 thousand at September 30, 2026, up from $376,827 thousand at December 31, 2025.

West Coast Community Bancorp Financial Results for the Nine Months Ended September 30, 2026

West Coast Community Bancorp (NASDAQ:WCCB), headquartered at 75 River Street, Santa Cruz, California, reported total interest income of $45,662 thousand for the three months ended September 30, 2026, compared with $42,881 thousand in the prior-year quarter, according to the filing. Net interest income before provision for credit losses was $37,110 thousand for Q3 2026, up from $34,634 thousand in Q3 2025. For the nine months ended September 30, 2026, total interest income reached $130,391 thousand versus $123,495 thousand in the same period of 2025.

The company disclosed a provision for credit losses on loans of $275 thousand for Q3 2026, a significant reduction from $3,540 thousand in Q3 2025. Total noninterest expense for the quarter was $16,254 thousand, compared with $15,491 thousand a year earlier, with salaries and employee benefits representing the largest component at $8,660 thousand. Noninterest income for Q3 2026 was $1,303 thousand, up slightly from $1,285 thousand in Q3 2025.

On the balance sheet, the allowance for credit losses on loans decreased to $36,608 thousand at September 30, 2026, from $38,173 thousand at December 31, 2025. Accumulated other comprehensive loss widened to $(16,203) thousand at September 30, 2026, from $(3,871) thousand at December 31, 2025, reflecting unrealized losses on available-for-sale securities. The filing states that 10,528,456 shares of common stock were outstanding as of October 30, 2026. The company identified itself as an emerging growth company in the filing.

What Was Disclosed

West Coast Community Bancorp filed its unaudited quarterly report covering the period ended September 30, 2026, disclosing income statements, balance sheets, statements of comprehensive income, shareholders' equity activity, and cash flows for the company and its consolidated subsidiaries.