West Coast Community Bancorp Q3 2026 net income jumps 38% to $16.74 million
WCCB•West Coast Community Bancorp reported third-quarter 2026 net income of $16.74 million, up 38% from the prior quarter, and net interest income of $37.11 million, up 12%. The quarterly cash dividend rose to $0.29 per share, payable about November 6, 2026.
1. Quarterly results
Third-quarter net income increased 38% from the previous quarter to $16.74 million, while net interest income rose 12% to $37.11 million, supported by growth in average interest-earning assets. Provision for credit losses on loans and unfunded commitments fell to $7,000, partly due to a loan recovery; the quarterly cash dividend increased to $0.29 per common share, payable about November 6, 2026.
2. Expansion plans
The bank expanded into Silicon Valley and the Peninsula, and management highlighted hiring a Private Banking team and opening new branches.
