West Coast Community Bancorp Q2 FY26 net income drops 18.9% to $12.2 million; EPS falls to $1.17
WCCB•Quarterly results
West Coast Community Bancorp Q2 net income fell 18.9% from Q1 to $12.2 million; diluted EPS slipped to $1.16.
- Six-month profit climbed 10.4% from a year earlier to $27.1 million; diluted EPS rose to $2.59.
- Taxable equivalent net interest margin narrowed 19 basis points from Q1 to 4.92, reflecting $1.8 million of accelerated accretion tied to a sub debt redemption.
Loans, deposits and dividend
- Loans increased 2.3% from March 31 to $2.27 billion; deposits rose 2% to $2.52 billion.
- The board raised the quarterly dividend by $0.01 to $0.25 per share; CEO Krista Snelling cited solid loan and deposit growth and no outstanding borrowings.
