West Coast Community Bancorp (OTCQX: WCCB) is the parent company of West Coast Community Bank, a full-service community bank headquartered in Santa Cruz, California. This news page aggregates press releases and media coverage related to the Bancorp and the Bank, giving readers a single place to review company developments and performance updates.
News for West Coast Community Bancorp frequently covers quarterly and year-to-date earnings, trends in net interest income and net interest margin, deposit and asset growth, and details about the company’s cost of funds and liquidity. The company’s reports also discuss capital ratios, efficiency ratios, tangible book value per share and other metrics that are relevant to understanding the financial profile of a regional community bank.
Readers can also find announcements about dividends declared by the Board of Directors, including the per-share amount and payment dates for quarterly cash dividends on common stock. Governance and leadership items appear in the news as well, such as annual shareholder voting results, director elections, Board committee roles and leadership transitions, including the creation of a Lead Independent Director position and the appointment of new independent directors.
Another recurring topic in West Coast Community Bancorp news is its merger with 1st Capital Bancorp, which the company describes in terms of added assets, loans, deposits and changes to its funding base. Updates may reference the integration of the merger partner, core system conversion milestones and the impact of the merger on earnings and returns.
Investors, depositors and community members can use this page to follow financial results, dividend decisions, governance changes and other corporate announcements related to WCCB and West Coast Community Bank.
West Coast Community Bancorp (Nasdaq: WCCB) reported third-quarter 2026 net income of $16.7 million, up 37.7% from the second quarter. Diluted earnings per share rose to $1.59 from $1.16. Nine-month net income increased 19.7% year over year to $43.9 million.
Quarterly net interest income rose 12.0% sequentially to $37.1 million. Earnings included a $920 thousand renewable-energy tax-credit benefit and benefited from the absence of the prior quarter's $1.8 million accelerated purchase discount accretion associated with subordinated debt redemption. Loans increased 2.9% to $2.34 billion, while deposits grew 1.3% to $2.56 billion. Credit-loss provisions fell to $7 thousand from $1.5 million, but the primary liquidity ratio declined to 11.7% from 13.0%.
The quarterly dividend increased by $0.04 to $0.29 per share, payable on or about November 6, 2026, to holders of record November 2.
West Coast Community Bancorp (WCCB) declared a regular quarterly cash dividend of $0.29 per common share, payable on or about November 6, 2026. The dividend is $0.04 per share higher than the previous quarterly dividend. Shareholders of record as of November 2, 2026, are eligible for the payment.
West Coast Community Bank (Nasdaq: WCCB) has opened a full-service branch in San Mateo, extending its presence into the San Francisco Peninsula. The branch, at 1300 S. El Camino Real, Suite 203, is the bank’s 11th location. Its existing San Mateo clients include nonprofits, professional offices and construction firms.
West Coast Community Bancorp (Nasdaq: WCCB) rang the Nasdaq Closing Bell on Monday to commemorate its listing on the exchange. Its common stock began trading on Nasdaq on September 16, 2026. Chairman and CEO Krista Snelling joined bank executives and board members at the Nasdaq MarketSite in Times Square for the ceremony.
West Coast Community Bancorp (WCCB) has received SEC effectiveness for its Form 10 and approval to list its common stock on Nasdaq, with trading expected to begin on September 16, 2026 under the ticker WCCB.
The shares currently trade on the OTCQX Best Market and will transition without requiring any action from shareholders. No new shares are being issued and no proceeds are being raised. The company is also launching an enhanced investor relations website at investors.wccb.com.
West Coast Community Bancorp (OTCQX: WCCB) has filed a Registration Statement on Form 10 with the SEC to register its common stock under the Exchange Act, following its application to list on the Nasdaq Capital Market. The Form 10 is pending SEC effectiveness, and WCCB shares will continue trading on OTCQX until any Nasdaq uplist.
West Coast Community Bank (OTCQX: WCCB), a $2.9 billion community bank headquartered in Santa Cruz, announced the launch of a new Private Banking division focused on Silicon Valley and the San Francisco Peninsula. The unit will provide customized deposit solutions, business and commercial real estate lending, and treasury management services through dedicated relationship managers and local decision-making.
The division is co-led by Janice Miyatake and Wyman Wong as senior vice presidents, directors of private banking, supported by a seasoned team across Silicon Valley and the Peninsula. The Silicon Valley team will be based at 10 Almaden Blvd. in Downtown San Jose, while a new loan production office at 1300 S. El Camino Real in San Mateo is slated to open this fall.
West Coast Community Bancorp (OTCQX: WCCB) reported unaudited second quarter 2026 net income of $12.2 million, down from $15.0 million in Q1 2026 and $12.9 million a year earlier. Six‑month 2026 net income rose 10.4% year over year to $27.1 million. Q2 basic EPS was $1.17 versus $1.45 in Q1 2026 and $1.23 in Q2 2025; year‑to‑date basic EPS was $2.62 versus $2.34 in 2025. Results were affected by early redemption of higher‑cost subordinated debentures assumed in the 2024 1st Capital Bancorp merger, triggering $1.8 million of accelerated accretion in interest expense and reducing EPS by about $0.12.
Total loans reached $2.27 billion and deposits $2.52 billion at June 30, 2026, up 7.7% and 11.6% year over year, respectively. Assets grew 11.1% to $2.95 billion. Taxable equivalent net interest margin was 4.92% (about 5.19% excluding sub‑debt effects), and return on average assets was 1.69%. Tangible book value per share increased to $32.01. The board raised the quarterly cash dividend by $0.01 to $0.25 per share, payable August 10, 2026.
West Coast Community Bank (OTCQX: WCCB), a $2.9 billion community bank, has opened a new full-service flagship branch at 10 Almaden Boulevard, Suite 150 in downtown San Jose, California. The branch, which opened July 1, offers retail and business banking and hosts more than 35 specialized bankers.
The site strengthens WCCB’s presence in Silicon Valley and replaces the Cupertino branch, which permanently closed June 30. A grand opening and ribbon cutting is scheduled for September 9, 5–7 p.m., inviting clients, neighbors, business leaders and community partners.
West Coast Community Bancorp (OTCQX: SCZC) reported results of its April 23, 2026 annual meeting where 8,441,376 shares (80.55% outstanding) were voted. All 11 director nominees were elected. Shareholders approved indemnification agreements, eliminated written-consent actions, and appointed Crowe LLP; an amendment to eliminate cumulative voting failed.