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  4. [8-K] West Coast Community Bancorp Reports Material Event

West Coast Community Bancorp Q3 profit rises 37.7%

The quarterly cash dividend increased by $0.04 per share to $0.29, payable on or about November 6, 2026.

Filing Impact
(High)
Filing Sentiment

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Form Type
8-K

Rhea-AI Filing Summary

West Coast Community Bancorp (WCCB) reported third-quarter 2026 net income of $16.7 million, up 37.7% from the second quarter, and diluted EPS of $1.59, compared with $1.16. Net interest income was $37.1 million, up 12.0% quarter over quarter, as average interest-earning assets grew. Nine-month net income was $43.9 million, up 19.7% from 2025. Results included a $920,000 tax benefit from renewable energy tax credits, adding approximately $0.09 to basic and diluted EPS. Third-quarter results also benefited from the absence of $1.8 million in accelerated purchase discount accretion recorded in the second quarter and associated with the subordinated-debt redemption.

At September 30, 2026, loans were $2.337 billion and deposits were $2.555 billion; nonaccrual loans were $11.9 million, or 0.51% of loans. Net unrealized losses on available-for-sale securities were $23.8 million, compared with $9.0 million at June 30, 2026. The board had declared a quarterly cash dividend of $0.29 per share, a $0.04 increase over the prior quarterly dividend, payable on or about November 6, 2026, to shareholders of record November 2, 2026.

2 points · 0 major

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It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 1 point

How the balance works

Positive

  • Moderate pointThird-quarter net income rose 37.7% to $16.7 million quarter over quarter.
  • Minor pointQuarterly dividend increased $0.04 to $0.29 per share.

Negative

  • Moderate pointAFS unrealized losses were $23.8 million, versus $9.0 million at June 30.

Filing Explained

At September 30, government guarantees reduced reported net exposure on nonaccrual loans to about 4.1 million.

This Form 8-K furnishes West Coast Community Bancorp's unaudited third-quarter results and investor presentation for the completed quarter ended September 30, 2026. At quarter-end, the company reported $1.63 billion in net available liquidity against about $1.35 billion of uninsured and uncollateralized deposits, a 120% coverage ratio.

The liquidity total combines on-balance-sheet liquidity and external contingency liquidity capacity, so it is not cash alone.

The company also reports that $7.8 million in government guarantees reduced net credit exposure on $11.9 million of nonaccrual loans to about $4.1 million; the guarantees reduce reported exposure but do not erase the loans.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Net income $16.7 million Third quarter of 2026; up 37.7% from the second quarter.
Diluted EPS $1.59 Third quarter of 2026; compared with $1.16 in the second quarter.
Net interest income $37.1 million Third quarter of 2026; up 12.0% from the second quarter.
Total loans $2.337 billion At September 30, 2026; net of unaccreted purchase discount and deferred fees and costs.
Total deposits $2.555 billion At September 30, 2026.
Quarterly cash dividend $0.29 per share Declared quarterly dividend; payable on or about November 6, 2026.
Renewable energy tax credit benefit $920,000 Third quarter of 2026; increased basic and diluted EPS by approximately $0.09.
Net unrealized losses on available-for-sale securities $23.8 million At September 30, 2026; compared with $9.0 million at June 30, 2026.
taxable equivalent net interest margin financial
"The taxable equivalent net interest margin was 5.20%"
A taxable equivalent net interest margin measures how much a bank earns from its interest-bearing assets after converting any tax-free interest into the taxable equivalent and subtracting the bank’s interest costs, then dividing by average earning assets. Think of it as putting all income streams into the same tax “currency” so investors can fairly compare how efficiently different institutions earn interest, regardless of whether some income is tax-exempt or not.
accelerated purchase discount accretion financial
"$1.8 million of accelerated purchase discount accretion"
allowance for credit losses financial
"Allowance for credit losses on loans"
Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.
nonaccrual loans financial
"Nonaccrual loans of $11.9 million"
Nonaccrual loans are loans a lender has stopped counting toward interest income because the borrower is overdue or unlikely to pay; the lender only records cash payments received and may set aside extra funds to cover potential losses. For investors, a rising number or amount of nonaccrual loans signals weaker credit quality, lower future interest revenue and larger potential write-downs — similar to pausing expected subscription income when many customers stop paying.
tangible common equity financial
"Tangible common equity was $341.6 million"
Tangible common equity is the portion of a company’s net worth that belongs to ordinary shareholders after removing intangible items (like goodwill or patents) and any preferred claims; it’s often expressed on a per-share basis. Think of it as the hard, sellable value left for common owners if you removed non-physical assets and paid off debts—investors use it to judge how much real cushion a company has and whether the stock might be under- or over-valued.
Net income $16.7 million Up 37.7% from the second quarter of 2026 ($12.2 million)
Diluted EPS $1.59 Compared with $1.16 in the second quarter of 2026
Net interest income $37.1 million Up 12.0% from the second quarter of 2026 ($33.1 million)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did WCCB earn in the third quarter of 2026?
WCCB reported $16.7 million in net income for the third quarter of 2026, compared with $12.2 million in the second quarter, a 37.7% increase. For the nine months ended September 30, 2026, net income was $43.9 million, compared with $36.7 million in 2025.

When is WCCB's $0.29 dividend payable?
The quarterly cash dividend of $0.29 per share is payable on or about November 6, 2026, to shareholders of record as of November 2, 2026. It reflects a $0.04 per-share increase over the previous quarterly dividend.

What was WCCB's nonaccrual loan exposure at September 30, 2026?
WCCB reported $11.9 million of nonaccrual loans, or 0.51% of total loans. Government guarantees of $7.8 million reduced net credit exposure on those loans to approximately $4.1 million.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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0002105965falseNASDAQ00021059652026-10-272026-10-27


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 27, 2026

West Coast Community Bancorp
(Exact name of registrant as specified in its charter)
Commission File Number: 001-43470
California27-1376408
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
75 River Street, Santa Cruz, CA, 95060
(Address of principal executive offices, including zip code)
(831) 457-5000
Registrant’s telephone number, including area code
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, no par valueWCCBThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 2.02 Results of Operations and Financial Condition

On October 27, 2026, West Coast Community Bancorp (the “Company”) issued a press release announcing its unaudited results of operations and financial condition for the quarter ended September 30, 2026. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference.

This information (including Exhibit 99.1) is being furnished under Item 2.02 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and such information shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 7.01 Regulation FD Disclosure

Furnished hereto as Exhibit 99.2 and incorporated into this Item 7.01 by reference, is an investor presentation for the quarter ended September 30, 2026 prepared by the Company. The Company intends to use the presentation in meetings with investors, shareholders, and other constituents.

This information (including Exhibit 99.2) is being furnished under Item 7.01 and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.Description
99.1
Press Release, dated October 27, 2026
99.2
Investor Presentation, Third Quarter 2026
104Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 27, 2026
West Coast Community Bancorp
By:/s/ Krista Snelling
Name:Krista Snelling
Title:Chairman and Chief Executive Officer


picture1.jpg
West Coast Community Bancorp Announces Earnings for the
Third Quarter of 2026

SANTA CRUZ, Calif. – Oct. 27, 2026 (GLOBE NEWSWIRE) -- West Coast Community Bancorp (Nasdaq: WCCB) ("Bancorp" or the "Company"), the parent company of West Coast Community Bank (the “Bank”), announced unaudited net income for the quarter ended September 30, 2026, of $16.7 million, compared to $12.2 million for the second quarter of 2026, representing an increase of 37.7%. Net income was $43.9 million and $36.7 million for the nine months ended September 30, 2026, and 2025, respectively, representing an increase of 19.7%. Diluted earnings per share (“EPS”) for the third quarter of 2026 were $1.59 compared to $1.16 for the second quarter of 2026. Diluted EPS was $4.17 and $3.45 for the nine months ended September 30, 2026, and 2025, respectively.

Earnings for the third quarter of 2026 reflected higher net interest income stemming from growth in all categories of average interest-earning assets, including growth in loans, as well as the recognition of a $920 thousand income tax benefit associated with the Bank's purchase of renewable energy tax credits at a discount during the third quarter. This income tax benefit increased both basic and diluted EPS by approximately $0.09 during the three and nine months ended September 30, 2026. Earnings for the third quarter also benefited from the absence of $1.8 million of accelerated purchase discount accretion, which was recorded in the second quarter of 2026, and was associated with the redemption of higher-cost subordinated debentures assumed in the merger with 1st Capital Bancorp in 2024 ("sub debt redemption"). The sub debt redemption reduced both basic and diluted EPS by approximately $0.12 during the second quarter as well as for the nine months ended September 30, 2026.

"We delivered record quarterly earnings, marked by higher net interest income driven by solid loan growth – particularly by our San Luis Obispo County team – and overall higher average interest-earning assets funded through healthy deposit growth during the quarter,” said Krista Snelling, Chairman and Chief Executive Officer of West Coast Community Bancorp. "This quarter saw tremendous momentum across the business, including our expansion into Silicon Valley and the Peninsula and our Nasdaq listing. We continue to execute on our strategic priorities and growth initiatives, such as hiring our Private Banking team and opening new branches."

As previously announced on October 19, 2026, the Bancorp Board of Directors declared a quarterly cash dividend of $0.29 per common share, reflecting a $0.04 per share increase over the previous quarterly dividend. This dividend is payable on or about November 6, 2026, to shareholders of record as of November 2, 2026. “Increasing the dividend reflects the strength of our business, the confidence of our Board in our capacity for future growth and a commitment to rewarding our shareholders,” added Snelling.

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Financial Highlights

As of or for the Three Months EndedFor the Nine Months Ended
September 30,June 30,September 30,September 30,September 30,
20262026202520262025
(Dollars in thousands, except per share data)
Selected Financial Data
Net income$16,740$12,161$12,061$43,888$36,657
Net interest margin5.18 %4.90 %5.26 %5.06 %5.27 %
Taxable equivalent net interest margin (a)
5.20 %4.92 %5.28 %5.08 %5.29 %
Cost of funds (b)
1.31 %1.59 %1.37 %1.39 %1.37 %
Efficiency ratio (c)
42.31 %46.24 %43.13 %43.97 %44.88 %
Return on:
Average assets2.21 %1.69 %1.73 %2.01 %1.82 %
Average equity16.44 %12.32 %13.16 %14.84 %13.89 %
Average tangible equity (d)
20.20 %15.47 %17.05 %18.47 %18.17 %
Allowance for credit losses on loans / gross loans1.57 %1.55 %1.74 %
Noninterest-bearing deposits to total deposits39.00 %39.74 %43.46 %
Gross loan-to-deposit ratio91.46 %90.04 %87.32 %
Percent growth in loans2.89 %2.35 %0.82 %7.57 %4.01 %
Percent growth in deposits1.29 %1.96 %7.79 %3.15 %5.44 %
Capital Ratios
Tier 1 leverage ratio12.07 %12.11 %11.37 %
Common equity tier 1 risk-based capital ratio13.33 %13.22 %12.93 %
Tier 1 risk-based capital ratio13.33 %13.22 %12.93 %
Total risk-based capital ratio14.59 %14.47 %14.65 %
Tangible common equity ratio (e)
11.69 %11.67 %10.95 %
Share and Per Share Data
Basic earnings per share ("EPS")$1.61$1.17$1.15$4.23$3.49
Diluted EPS$1.59$1.16$1.14$4.17$3.45
Book value per share$38.25$37.90$34.97
Tangible book value per share (f)
$32.46$32.01$28.81
(a) Net interest margin is calculated by dividing annualized taxable equivalent net interest income, a non-GAAP measure, by period average interest-earning assets. Interest income on tax-exempt securities and loans are presented on a taxable-equivalent basis using the federal statutory rate of 21 percent. Please see "Non-GAAP Financial Measures" below.
(b) Cost of funds is computed by dividing annualized interest expense by the sum of period average deposits and borrowings.
(c) Efficiency ratio, a non-GAAP measure, equals total noninterest expenses divided by the sum of net interest income and noninterest income. Please see "Non-GAAP Financial Measures" below.
(d) Return on average tangible equity, a non-GAAP measure, is calculated by dividing annualized net income (adjusted for the after-tax amortization of intangible assets) by average tangible equity for the period. Tangible common equity is defined in note (f) below. In this release we also may refer to tangible common equity as tangible equity. Please see "Non-GAAP Financial Measures" below.
(e) Tangible common equity ratio, a non-GAAP measure, is calculated by dividing tangible common equity, as defined in note (f) below, by assets less goodwill and other intangible assets. Please see "Non-GAAP Financial Measures" below.
(f) Tangible common equity, a non-GAAP measure, equals total shareholders' equity less goodwill and other intangible assets. Tangible book value per share, a non-GAAP measure, divides tangible common equity by the number of shares outstanding at the period end. Please see "Non-GAAP Financial Measures" below.


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▪Total loans, net of unaccreted purchase discount and deferred fees and costs, were $2.34 billion at September 30, 2026, compared to $2.27 billion at June 30, 2026, representing an increase of $65.6 million, or 2.9%. Loan growth was most notable in revolving commercial lines, especially in agriculture-related businesses sourced from our San Luis Obispo County team.

▪Taxable equivalent net interest margin, a non-GAAP measure, was 5.20% and 4.92% for the quarters ended September 30, 2026, and June 30, 2026, respectively. The quarter-over-quarter increase is largely attributed to the absence of the sub debt redemption that occurred in the second quarter of 2026. Excluding the impact of sub debt redemption, the adjusted taxable equivalent net interest margin, a non-GAAP measure, was 5.19% for the second quarter of 2026. Please see “Non-GAAP Financial Measures" below.

▪The cost of funds was 1.31% and 1.59% for the quarters ended September 30, 2026, and June 30, 2026, respectively. The quarter-over-quarter decrease in the cost of funds is attributed to the absence of the sub debt redemption that occurred in the second quarter. Excluding the impact of the sub debt redemption, the adjusted cost of funds, a non-GAAP measure, was approximately 1.29% for the second quarter of 2026. Please see “Non-GAAP Financial Measures" below.

▪The efficiency ratio, a non-GAAP measure, was 42.31% and 46.24% for the quarters ended September 30, 2026, and June 30, 2026, respectively. The decrease in the efficiency ratio for the third quarter of 2026 is largely attributed to the absence of $1.8 million in accelerated accretion associated with the sub debt redemption in the second quarter, as well as higher net interest income in the third quarter driven by growth in average interest-earning assets. Excluding the impact of the sub debt redemption, the adjusted efficiency ratio, a non-GAAP measure, was 42.31% and 43.91% for the quarters ended September 30, 2026, and June 30, 2026, respectively. Please see "Non-GAAP Financial Measures" below.

▪Return on average assets (“ROAA”) was 2.21% and 1.69% for the quarters ended September 30, 2026, and June 30, 2026, respectively. Excluding the benefit on the purchase of transferable renewable energy tax credits in the third quarter and the impact of accelerated accretion on the sub debt redemption that occurred in the second quarter, adjusted ROAA, a non-GAAP measure, was 2.08% and 1.87% for the quarters ended September 30, 2026, and June 30, 2026, respectively. Please see "Non-GAAP Financial Measures" below.

▪Return on average equity ("ROAE") was 16.44% and 12.32% for the quarters ended September 30, 2026, and June 30, 2026, respectively. ROAE was favorably impacted in the third quarter by the absence of accelerated accretion on the sub debt redemption that occurred in the second quarter and the benefit on the purchase of transferable renewable energy tax credits. Excluding these items, adjusted ROAE, a non-GAAP measure, was 15.53% and 13.62% for the quarters ended September 30, 2026, and June 30, 2026, respectively. Please see "Non-GAAP Financial Measures" below.

▪Return on average tangible equity (“ROATE”), a non-GAAP measure, was 20.20% and 15.47% for the quarters ended September 30, 2026, and June 30, 2026, respectively. Excluding the benefit on the purchase of transferable renewable energy tax credits in the third quarter and accelerated accretion on the sub debt redemption that occurred in the second quarter, adjusted ROATE, a non-GAAP measure, was 19.13% and 17.01% for the quarters ended September 30, 2026, and June 30, 2026, respectively. Please see "Non-GAAP Financial Measures" below.

•Total provision for credit losses on loans and unfunded loan commitments was $7 thousand for the third quarter of 2026, compared to a provision for credit losses of $1.5 million for the second quarter. The quarter-over-quarter decrease is largely attributed to the full recovery of a previously substantially charged-off loan in the amount of $1.2 million, favorable changes in economic forecasts and qualitative factors used in the allowance for credit losses (“ACL”) model. These were partially offset by the impact
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of loan growth and the change in the mix of loans during the quarter as well as an increase in the allowance for certain individually evaluated loans.

▪Total assets were $2.98 billion at September 30, 2026, compared to $2.95 billion at June 30, 2026, representing an increase of $38.4 million, or 1.3%, from June 30, 2026. The quarter-over-quarter increase in total assets is largely attributed to a $65.6 million increase in total loans.

▪Total deposits were $2.56 billion at September 30, 2026, compared to $2.52 billion at June 30, 2026, representing an increase of $32.5 million, or 1.3%, from June 30, 2026. The increase in deposits during the third quarter was largely driven by the establishment of new client relationships.

▪Bancorp’s regulatory capital ratios exceeded applicable minimum capital adequacy requirements, and the Bank continued to meet the regulatory capital thresholds necessary to be categorized as well capitalized under the prompt corrective action framework. Bancorp’s total risk-based capital ratio was 14.59% and 14.47% at September 30, 2026, and June 30, 2026, respectively. The tangible common equity ratio, a non-GAAP measure, was 11.69% and 11.67% at September 30, 2026, and June 30, 2026, respectively. Please see "Non-GAAP Financial Measures" below.

▪Tangible book value per share, a non-GAAP measure, was $32.46 and $32.01 at September 30, 2026, and June 30, 2026, respectively. Please also see "Non-GAAP Financial Measures" below.

•Primary liquidity ratio, defined as cash and cash equivalents, deposits held in other banks and unpledged available for sale (“AFS”) securities as a percentage of total assets, was 11.7% and 13.0% at September 30, 2026, and June 30, 2026, respectively.


Net Interest Income and Net Interest Margin

Net interest income was $37.1 million for the third quarter of 2026, representing an increase of $4.0 million, or 12.0%, from $33.1 million for the second quarter of 2026. The quarter-over-quarter increase in net interest income is attributed to growth in average interest-earning assets during the third quarter and the absence of $1.8 million in accelerated accretion associated with the sub debt redemption that occurred in the second quarter. The increase in interest-earning assets is attributed to growth in loan balances during the quarter as well as higher average balances of investment securities and interest-earning cash. These increases were funded in part by higher average deposit balances during the quarter.

The taxable equivalent net interest margin, a non-GAAP measure, was 5.20% for the third quarter of 2026, compared to 4.92% for the second quarter, or 5.19%, on an adjusted basis when excluding the impact of the sub debt redemption, a non-GAAP measure. The modest quarter-over-quarter increase in the adjusted taxable equivalent net interest margin can be attributed to slightly higher overall yields on average interest-earning assets, including a seven-basis-point increase in the average yield on loans during the third quarter. This was partially offset by a slight increase in the adjusted cost of funds, a non-GAAP measure, during the third quarter that can be attributed to growth in money market deposits, coupled with slightly higher overall rates on deposits during the third quarter. The cost of funds for the third quarter of 2026 was 1.31%, compared to 1.59% for the second quarter, or 1.29% on an adjusted basis when excluding the impact of the sub debt redemption in the second quarter, a non-GAAP measure. Please see "Non-GAAP Financial Measures" below.





4


The following tables compare interest income, average interest-earning assets, interest expense, average interest-bearing liabilities, net interest income, net interest margin and cost of funds for each period presented:
For the Three Months Ended
September 30, 2026June 30, 2026September 30, 2025
Average BalanceInterest Income / Expense Avg Yield / CostAverage BalanceInterest Income / Expense Avg Yield / CostAverage Balance Interest Income / Expense Avg Yield / Cost
(Dollars in thousands)
ASSETS
Interest-earning cash$149,017 $1,386 3.69 %$98,211 $893 3.65 %$116,056 $1,284 4.39 %
Investment securities (1)
394,507 3,797 3.82 %382,863 3,530 3.70 %385,235 3,374 3.47 %
Loans (1) (2)
2,300,973 40,659 7.01 %2,233,133 38,631 6.94 %2,109,593 38,356 7.21 %
Total interest-earning assets (1)
2,844,497 45,842 6.39 %2,714,207 43,054 6.36 %2,610,884 43,014 6.54 %
Noninterest-earning assets167,307 165,372 161,773 
Total assets$3,011,804 $2,879,579 $2,772,657 
LIABILITIES
Interest-bearing demand deposits$243,538 606 0.99 %$247,226 571 0.93 %$248,684 665 1.06 %
Money market deposits1,030,064 6,762 2.60 %945,898 6,043 2.56 %785,520 5,787 2.92 %
Savings deposits170,096 365 0.85 %160,143 306 0.77 %181,256 441 0.97 %
Time certificates of deposits136,962 819 2.37 %139,526 844 2.43 %152,992 1,125 2.92 %
Subordinated debt— — — %7,794 1,991 102.46 %11,052 229 8.22 %
Total interest-bearing liabilities1,580,660 8,552 2.15 %1,500,587 9,755 2.61 %1,379,504 8,247 2.37 %
Noninterest-bearing deposits999,936 959,162 1,008,555 
Noninterest-bearing liabilities27,110 23,876 20,913 
Total liabilities2,607,706 2,483,625 2,408,972 
EQUITY404,098 395,954 363,685 
Total liabilities and equity$3,011,804 $2,879,579 $2,772,657 
Taxable equivalent net interest income and margin (1)
$37,290 5.20 %$33,299 4.92 %$34,767 5.28 %
GAAP net interest income and margin$37,110 5.18 %$33,138 4.90 %$34,634 5.26 %
Cost of funds1.31 %1.59 %1.37 %
(1) Interest income on investment securities, interest income on loans, net interest income and net interest margin are presented here on a taxable equivalent basis, using the statutory federal income tax rate of 21 percent, and are non-GAAP financial measures. Please see "Non-GAAP Financial Measures" below.
(2) Average balances on loans outstanding include nonaccrual loans, unamortized net deferred loan fees/costs and unaccreted purchase discount on acquired loans. The amortization of net loan origination fees and accretion of purchase discount on acquired loans are included in interest income on loans.

5


For the Nine Months Ended
September 30, 2026September 30, 2025
Average BalanceInterest Income / Expense Avg Yield / CostAverage BalanceInterest Income / Expense Avg Yield / Cost
(Dollars in thousands)
ASSETS
Interest-earning cash$132,851 $3,646 3.67 %$52,920 $1,734 4.38 %
Investment securities (1)
388,635 10,802 3.72 %381,978 9,819 3.44 %
Loans (1) (2)
2,237,480 116,423 6.96 %2,096,800 112,354 7.16 %
Total interest-earning assets (1)
2,758,966 130,871 6.34 %2,531,698 123,907 6.54 %
Noninterest-earning assets162,760 162,157 
Total assets$2,921,726 $2,693,855 
LIABILITIES
Interest-bearing demand deposits$247,187 1,750 0.95 %$251,187 1,951 1.04 %
Money market deposits967,283 18,549 2.56 %736,528 15,660 2.84 %
Savings deposits166,115 1,017 0.82 %174,706 1,127 0.86 %
Time certificates of deposits140,819 2,590 2.46 %159,616 3,699 3.10 %
Short-term borrowings— — — %12,317 412 4.47 %
Subordinated debt5,175 2,155 55.68 %11,293 860 10.18 %
Total interest-bearing liabilities1,526,579 26,061 2.28 %1,345,647 23,709 2.36 %
Noninterest-bearing deposits975,278 972,525 
Noninterest-bearing liabilities24,580 22,776 
Total liabilities2,526,437 2,340,948 
EQUITY395,289 352,907 
Total liabilities and equity$2,921,726 $2,693,855 
Taxable equivalent net interest income and margin (1)
$104,810 5.08 %$100,198 5.29 %
GAAP net interest income$104,330 5.06 %$99,786 5.27 %
Cost of funds1.39 %1.37 %
(1) Interest income on investment securities, interest income on loans, net interest income and net interest margin are presented here on a taxable equivalent basis, using the statutory federal income tax rate of 21 percent, and are non-GAAP financial measures. Please see "Non-GAAP Financial Measures" below.
(2) Average balances on loans outstanding include nonaccrual loans, unamortized net deferred loan fees/costs and unaccreted purchase discount on acquired loans. The amortization of net loan origination fees and accretion of purchase discount on acquired loans are included in interest income on loans.

Noninterest Income

Noninterest income for the third quarter of 2026 was $1.3 million, compared to $1.2 million for the second quarter of 2026. The quarter-over-quarter increase is largely attributed to a $153 thousand special dividend that was received on our holdings of FHLB of San Francisco stock during the third quarter.

Noninterest Expense

Noninterest expense for the third quarter of 2026 was $16.3 million, compared to $15.9 million for the second quarter of 2026. The quarter-over-quarter increase is largely attributed to increases in data and item processing costs, professional fees and various other miscellaneous expenses, partially offset by a decrease in salaries and employee benefits. The increase in data and item processing costs during the third quarter is primarily associated with the absence of one-time credits received from our core system processor that were utilized in the second quarter. The increase in professional fees can be attributed to expenses incurred related to Bancorp becoming an SEC registrant and a Nasdaq-listed company in the third quarter, as well as various other expenses associated with regular third-party credit reviews and other consulting fees. The decline in salaries and employee benefits during the quarter was primarily associated with the absence of expense associated with annual director stock grants that occurred in the second
6

quarter, as well as increased compensation deferrals attributed to successful loan originations during the third quarter.

Investment Portfolio
Securities issued by U.S. government-sponsored agencies, U.S. Treasury bonds and Small Business Administration ("SBA") securities accounted for 52%, 26% and 1%, respectively, of the investment portfolio as of September 30, 2026. These securities carry explicit or implicit credit guarantees from the U.S. government and thus present minimal credit or liquidity risk. Municipal bonds, corporate bonds and private-label collateralized mortgage obligations/asset-backed instruments represent 17%, 2% and 2% of the carrying value of the portfolio, respectively, as of September 30, 2026.
The investment portfolio totaled $377.9 million at September 30, 2026, compared to $388.1 million at June 30, 2026. The decrease in the investment portfolio from June 30, 2026, was primarily due to an increase in unrealized losses on AFS securities of $14.8 million, stemming from a rise in intermediate-term interest rates during the period, and maturities, paydowns and sales during the third quarter totaling $16.0 million, partially offset by purchases of U.S. Treasury securities, totaling $19.9 million. The investment portfolio had an effective duration of 3.8 years as of September 30, 2026, and June 30, 2026.
Net unrealized losses on AFS securities were $23.8 million, or $16.8 million after-tax, at September 30, 2026, compared to $9.0 million, or $6.3 million after-tax, at June 30, 2026.
Loans and Asset Quality
Total loans, net of unaccreted purchase discount and deferred fees and costs, increased $65.6 million, or 2.9%, from June 30, 2026. Loan growth during the third quarter of 2026 was largely attributed to increases in revolving commercial lines, which grew by $66.4 million during the quarter. This increase was primarily attributed to agriculture-related lending by the Bank's San Luis Obispo County team. New loan commitments originated during the third quarter were $199.1 million, driven by $86.8 million in new commercial and industrial (“C&I”) commitments and $57.9 million in new commercial real estate (“CRE”) loan commitments.

Nonaccrual loans of $11.9 million accounted for 0.51% of total loans at September 30, 2026, compared to $11.4 million, or 0.50%, of total loans at June 30, 2026. At September 30, 2026, nonaccrual loans included a $5.8 million hotel relationship, consisting of two loans, of which one has an SBA guarantee of approximately $3.7 million. Other nonaccrual loans at September 30, 2026, consisted primarily of SBA-related credits totaling $4.7 million that contained SBA guarantees of approximately $4.0 million, and two CRE loans totaling approximately $1.4 million. At September 30, 2026, government guarantees of $7.8 million reduced net credit exposure on nonaccrual loans to approximately $4.1 million.

Accruing loans past due 30-89 days totaled $2.3 million at September 30, 2026, an increase from $1.2 million at June 30, 2026. The balance of accruing loans past due 30-89 days primarily reflects a $1.9 million substandard CRE loan that is secured by a mixed-use property. There were no loans more than 90 days past due still accruing as of September 30, 2026, or June 30, 2026.

The ACL on loans was $36.6 million at September 30, 2026, or 1.57%, of total loans, compared to $35.1 million at June 30, 2026, or 1.55%, of total loans. The increase in the ACL during the third quarter is attributed to several factors including organic loan growth and changes in portfolio mix which increased the ACL by approximately $1.5 million, and a $1.2 million increase in the ACL for certain individually evaluated loans. These increases were partially offset by lower pooled reserve rates reflecting improvements in the economic forecast as well as improvements in certain qualitative factors used in the ACL model. The provision for credit losses on loans was $275 thousand for the third quarter of 2026, compared to $1.4 million in the second quarter of 2026. The quarter-over-quarter decrease in the provision is largely attributed to the factors just discussed in addition to the full recovery, upon payoff, of a previously substantially charged-off loan in the amount of $1.2 million that occurred in the third quarter.

7

The Bank recorded net recoveries for the third quarter of 2026 of $1.2 million. Net recoveries for the quarter were largely attributed to the full recovery previously discussed.

The ACL for unfunded commitments, recorded in other liabilities, was $2.6 million, or 0.38% of unfunded credit commitments at September 30, 2026, compared to $2.9 million, or 0.42%, at June 30, 2026. The decrease in the ACL for unfunded commitments reflected, in part, higher utilization of commercial lines, which reduced unfunded commitments, and lower reserve rates consistent with improvements in the qualitative factors used to determine the ACL for funded loans. Total unfunded commitments decreased by approximately $6.3 million during the third quarter to $675.0 million as of September 30, 2026.

The following table summarizes the composition of the Bank’s loan portfolio as of the dates indicated:
As ofChange % vs.
September 30,June 30,September 30,June 30,September 30,
20262026202520262025
(Dollars in thousands)
SBA and business and industry loans $162,956 $168,665 $177,493 (3.4)%(8.2)%
Commercial term loans 129,720 128,542 123,755 0.9 %4.8 %
Revolving commercial lines 282,692 216,275 168,864 30.7 %67.4 %
Asset-based lines of credit 54,343 49,926 45,117 8.8 %20.4 %
Construction loans 254,825 262,513 246,774 (2.9)%3.3 %
Commercial real estate loans1,420,402 1,413,772 1,345,230 0.5 %5.6 %
Home equity lines of credit 37,246 36,956 37,239 0.8 %— %
Consumer and other loans 6,263 8,198 3,596 (23.6)%74.2 %
Deferred loan expenses, net of fees2,610 2,281 2,160 14.4 %20.8 %
Total loans, net of deferred fees and costs2,351,057 2,287,128 2,150,228 2.8 %9.3 %
Purchase discount on acquired loans(14,059)(15,722)(23,050)(10.6)%(39.0)%
Total loans, net of unaccreted purchase discount$2,336,998 $2,271,406 $2,127,178 2.9 %9.9 %

The following table summarizes delinquent and nonperforming loans, net of deferred fees and costs, and purchase discounts as of the dates indicated:
As of or for the Periods Ended
September 30,June 30,September 30,
202620262025
(Dollars in thousands)
Loans past due 30-89 days$2,318 $1,244 $8,418 
Loans past due 30-89 days, net of government guaranteed amounts$2,318 $1,244 $4,693 
Delinquent loans (past due 90+ days still accruing)$— $— $— 
Nonaccrual loans11,881 11,442 14,355 
Other real estate owned6,874 6,874 — 
Nonperforming assets$18,755 $18,316 $14,355 
Nonperforming assets, net of government guaranteed amounts$11,007 $10,002 $12,495 
Net loan (recoveries) charge-offs QTD$(1,214)$944 $— 
Net loan charge-offs YTD$3,098 $4,312 $27 

Deposits
Deposits totaled $2.6 billion at September 30, 2026, an increase of $32.5 million, or 1.3%, compared to June 30, 2026. The increase in deposits during the third quarter of 2026 was driven by the establishment of a few large new-client relationships that brought in money market deposits during the quarter, as well as seasonal deposit inflows. Noninterest-bearing deposits to total deposits was 39.0% and 39.7% at September 30, 2026, and June 30, 2026, respectively.

8

The 10 largest deposit relationships, excluding fully collateralized government agency deposits, represent approximately 15.0% of total deposits as of September 30, 2026. The Bank generally aggregates related depositors with entities and individuals that have the same deposit account signers as one deposit relationship.

The following table summarizes the composition of the Bank’s deposits as of the dates indicated:
As ofChange % vs.
September 30,June 30,September 30,June 30,September 30,
20262026202520262025
(Dollars in thousands)
Noninterest-bearing demand$996,593 $1,002,579 $1,058,787 (0.6)%(5.9)%
Interest-bearing demand235,923 230,837 235,025 2.2 %0.4 %
Money markets1,023,335 984,500 810,311 3.9 %26.3 %
Savings166,787 166,673 181,282 0.1 %(8.0)%
Time certificates of deposit132,547 138,104 150,692 (4.0)%(12.0)%
Total deposits$2,555,185 $2,522,693 $2,436,097 1.3 %4.9 %
Deposits – personal$776,887 $781,810 $779,312 (0.6)%(0.3)%
Deposits – business1,778,298 1,740,883 1,656,785 2.1 %7.3 %
Total deposits$2,555,185 $2,522,693 $2,436,097 1.3 %4.9 %

Liquidity Position
The following table summarizes the Bank’s liquidity for each period reported:
As of
September 30,June 30,September 30,
202620262025
(Dollars in thousands)
Cash and cash equivalents$116,929 $146,873 $143,504 
Interest-earning deposits in other financial institutions100 100 249 
Unencumbered AFS securities232,614 235,993 326,183 
Total on-balance-sheet liquidity349,643 382,966 469,936 
Line of credit from the FHLB of San Francisco – collateralized736,073 723,750 662,537 
Line of credit from the FRB of San Francisco – collateralized445,177 412,909 382,095 
Lines at correspondent banks – unsecured100,000 100,000 100,000 
Total external contingency liquidity capacity1,281,250 1,236,659 1,144,632 
Less: short-term borrowings— — — 
Net available liquidity sources$1,630,893 $1,619,625 $1,614,568 
As of September 30, 2026, net liquidity of $1.63 billion exceeded uninsured and uncollateralized deposits of approximately $1.35 billion, with a coverage ratio of 120%.

Shareholders’ Equity
Total shareholders’ equity was $402.6 million at September 30, 2026, a $4.1 million, or 1.0%, increase compared to June 30, 2026. Tangible common equity, a non-GAAP measure, was $341.6 million at September 30, 2026, a $5.1 million, or 1.5%, increase compared to June 30, 2026. The quarter-over-quarter change in tangible common equity is largely attributed to net income of $16.7 million, activity related to stock-based compensation and the amortization of core deposit intangibles, together totaling $1.5 million, partially offset by an increase in accumulated other comprehensive loss of $10.5 million due to higher unrealized losses on AFS investment securities during the quarter, and dividends declared of
9

$2.6 million. Tangible book value per share, a non-GAAP measure, was $32.46 at September 30, 2026, compared to $32.01 at June 30, 2026. Please see "Non-GAAP Financial Measures" below.

ABOUT WEST COAST COMMUNITY BANCORP AND WEST COAST COMMUNITY BANK
West Coast Community Bancorp is the bank holding company for West Coast Community Bank. Founded in 2004, the Bank is a top-rated, locally operated and full-service community bank headquartered in Santa Cruz, Calif. with branches in Aptos, Capitola, King City, Monterey, Salinas, San Jose, San Luis Obispo, San Mateo, Santa Cruz, Scotts Valley and Watsonville. West Coast Community Bank is distinguished from "big banks" by its relationship-based service, problem-solving focus and direct access to decision makers. The Bank also is an SBA Preferred Lending Partner. As a full-service bank, West Coast Community Bank offers competitive deposit and lending solutions for businesses and individuals; including business loans, lines of credit, commercial real estate financing, construction lending, asset-based lending, agricultural loans, SBA and USDA government guaranteed loans, credit cards, merchant services, remote deposit capture, mobile and online banking, bill payment and treasury management. Additional information regarding the Company’s recent industry recognition, community engagement, and financial performance is included in the accompanying investor presentation and at investors.wccb.com.

Forward-Looking Statements

This release may contain statements that we believe are, or may be considered to be, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on our current beliefs, expectations or assumptions regarding the future of the business, future plans and strategies, operational results and other future conditions of the Company. All statements other than statements of historical fact included in this release may constitute forward-looking statements, including statements regarding the prospects of our industry or our prospects, plans, expected operating results, financial position or business strategy. In addition, forward-looking statements generally can be identified by the use of forward-looking words such as “plan,” “expect,” “look forward to,” “budget,” “scheduled,” “estimate,” “forecast,” “continue,” “intend,” “potential,” “anticipate,” “believe,” “should,” “may,” “could,” “would,” “might,” “seek,” “will,” “be taken,” “occur,” “be achieved” or the negative of these terms or variations of them or similar terms. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will prove to be correct. These forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates (including but not limited to changes in depositor behavior and/or impacts on our core deposit intangible in relation thereto), inflation, government regulations and general economic conditions and competition within the business areas in which the Company and the Company’s clients are conducting their operations, including the impact of proposed or imposed tariffs or other trade restrictions, labor or supply chain issues, health of the real estate market in California, the Company’s ability to effectively execute its business plans, other factors beyond the Company’s control and those risks and uncertainties described in our filings with the Securities and Exchange Commission (“SEC”), which are available on the Investor Relations page of our website at investors.wccb.com and on the SEC’s website at www.sec.gov. Therefore, we caution you not to place undue reliance on any forward-looking statements contained herein, which reflect management’s opinions only as of the date hereof. Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements.

Concurrent with this earnings release, the Company issued presentation slides providing supplemental information intended to be reviewed together with this release. Slides may be viewed online at: investors.wccb.com.

MEDIA CONTACTS
Krista Snelling, Chairman and Chief Executive Officer
Cecilia Situ, Executive Vice President and Chief Financial Officer
investorrelations@wccb.com
10

Consolidated Balance Sheets (Unaudited)
As of
September 30,June 30,September 30,
202620262025
(Dollars in thousands)
ASSETS
Cash and cash equivalents$116,929 $146,873 $143,504 
Interest-earning deposits in other financial institutions100 100 249 
Investment securities available for sale, net of allowance of credit losses of $0371,517 381,745 428,007 
Investment securities held to maturity, net of allowance for credit losses of $0 6,365 6,383 6,570 
Loans held for investment2,336,998 2,271,406 2,127,178 
Less: Allowance for credit losses on loans(36,608)(35,119)(37,091)
Loans, net of allowance2,300,390 2,236,287 2,090,087 
Non-marketable equity investments, at cost15,370 15,370 15,355 
Premises and equipment, net10,677 10,814 10,206 
Goodwill40,054 40,054 40,054 
Core deposit intangible asset, net20,899 21,885 24,849 
Bank-owned life insurance30,105 29,897 28,097 
Accrued interest receivable and other assets71,178 55,797 51,193 
Total assets$2,983,584 $2,945,205 $2,838,171 
LIABILITIES
Deposits
Noninterest-bearing$996,593 $1,002,579 $1,058,787 
Interest-bearing1,558,592 1,520,114 1,377,310 
Total deposits2,555,185 2,522,693 2,436,097 
Subordinated debentures— — 11,092 
Accrued interest payable and other liabilities25,809 24,024 22,486 
Total liabilities2,580,994 2,546,717 2,469,675 
SHAREHOLDERS' EQUITY
Preferred stock, no par value; 10,000,000 shares authorized; no shares issued or outstanding— — — 
Common stock, no par value; 30,000,000 shares authorized; 10,524,552, 10,513,743, and 10,537,167 outstanding as of September 30, 2026, June 30, 2026, and September 30, 2025, respectively
200,013 199,528 203,493 
Retained earnings218,780 204,667 170,992 
Accumulated other comprehensive loss, net of taxes(16,203)(5,707)(5,989)
Total shareholders' equity402,590 398,488 368,496 
Total liabilities and shareholders' equity$2,983,584 $2,945,205 $2,838,171 
11

Consolidated Statements of Income (Unaudited)
For the Three Months EndedFor the Nine Months Ended
September 30,June 30,September 30,September 30,September 30,
20262026202520262025
(Dollars in thousands, except per share data)
Interest Income
Loans, including fees$40,568 $38,562 $38,334 $116,235 $112,288 
Interest-earning deposits in other financial institutions1,386 893 1,284 3,646 1,734 
Taxable securities3,252 2,975 2,693 9,063 7,725 
Tax-exempt securities456 463 570 1,447 1,748 
Total interest income45,662 42,893 42,881 130,391 123,495 
Interest Expense
Deposits8,552 7,764 8,018 23,906 22,437 
Subordinated debentures— 1,991 229 2,155 860 
FHLB advances and other borrowings— — — — 412 
Total interest expense8,552 9,755 8,247 26,061 23,709 
Net interest income before provision for credit losses37,110 33,138 34,634 104,330 99,786 
Provision for credit losses on loans275 1,386 3,540 1,533 5,442 
(Reversal of) provision for credit losses on unfunded loan commitments(268)128 (50)(371)50 
Net interest income after provision for credit losses37,10331,62431,144103,16894,294
Noninterest Income
Service charges on deposits282 246 177 778 515 
Loan servicing fees81 101 126 289 394 
ATM fee income269 268 280 794 835 
Earnings on bank-owned life insurance208 205 185 613 547 
Dividends on non-marketable equity securities309 174 281 1,139 856 
Loss on sale of securities(34)(65)(2)(2)(281)
Gain on sale of loans— — — 912 — 
Loss on sale of other assets(29)— — (26)— 
Other217247238692817
Total noninterest income1,303 1,176 1,285 5,189 3,683 
Noninterest Expense
Salaries and employee benefits8,660 9,114 8,300 26,312 25,538 
Occupancy910 944 797 2,711 2,517 
Furniture and equipment1,063 1,108 888 3,192 2,705 
Marketing, business development and shareholder-related expense431 352 519 1,066 1,440 
Data and item processing816 438 698 1,736 2,069 
Regulatory assessments, including federal deposit insurance394 403 369 1,188 1,160 
Amortization of core deposit intangibles986 987 1,068 2,959 3,202 
Professional fees779 439 629 2,475 1,358 
Acquisition-related expense— — 150— 497
Other2,215 2,083 2,073 6,519 5,950 
Total noninterest expense16,254 15,868 15,491 48,158 46,436 
Income before income taxes22,152 16,932 16,938 60,199 51,541 
Income tax expense5,412 4,771 4,877 16,311 14,884 
Net income$16,740 $12,161 $12,061 $43,888 $36,657 
Weighted Average Common Shares Outstanding
Basic 10,380,906 10,369,791 10,489,496 10,369,257 10,505,896 
Diluted10,542,098 10,507,662 10,601,694 10,513,013 10,617,773 
Earnings per share
Basic$1.61 $1.17 $1.15 $4.23 $3.49 
Diluted$1.59 $1.16 $1.14 $4.17 $3.45 
12

Non-GAAP Financial Measures
In addition to presenting the Company’s results of operations in accordance with generally accepted accounting principles (“GAAP”) in the United States of America, certain financial measures discussed herein are non-GAAP financial measures, examples of which include taxable equivalent net interest income, efficiency ratio, tangible common equity ratio and return on average tangible equity. Generally, a non-GAAP measure is a numerical measure of a company’s financial performance, financial position or cash flows that exclude (or include) amounts that are included in (or excluded from) the most directly comparable measure calculated and presented in accordance with GAAP. We believe that the non-GAAP financial measures used herein provide helpful additional information about our operating results, performance trends and financial condition. Non-GAAP measures should not be considered a substitute for GAAP results and may not be comparable to similar measures used by other banking companies, among other limitations. Other companies may use the same or similar names for non-GAAP measures but may calculate them differently. As a result, caution should be used when comparing the Company's non-GAAP measures with those of other companies.

Investors are encouraged to review the reconciliation of non-GAAP financial measures used herein to their most directly comparable GAAP financial measures, which are presented in the tables below.

13

The following tables present non-GAAP financial measures management believes provide useful information for understanding the operating results of our core business and a better comparison of financial performance. Such measures include taxable equivalent adjustments, adjustments related to the sub debt redemption in the second quarter of 2026, adjustments related to the income tax benefit from the investment in renewable energy tax credits in the third quarter of 2026, tangible common equity and the associated financial measures.

Non-GAAP Financial MeasuresFor the Three Months EndedFor the Nine Months Ended
September 30,June 30,September 30,September 30,
20262026202520262025
(Dollars in thousands, except per share data)
Total Interest Income (taxable equivalent):
Total interest income on loans$40,568 $38,562 $38,334 $116,235 $112,288 
Add: taxable equivalent adjustment for loans91 69 22 188 66 
Total interest income on loans (taxable equivalent)$40,659 $38,631 $38,356 $116,423 $112,354 
Total interest income on investment securities$3,708 $3,438 $3,263 $10,510 $9,473 
Add: taxable equivalent adjustment for investment securities89 92 111 292 346 
Total interest income on investment securities (taxable equivalent)$3,797 $3,530 $3,374 $10,802 $9,819 
Total interest income on interest-earning cash1,386 893 1,284 3,646 1,734 
Total interest income (taxable equivalent)$45,842 $43,054 $43,014 $130,871 $123,907 
Adjusted Interest Expense:
Interest expense$8,552 $9,755 $8,247 $26,061 $23,709 
Less: accelerated accretion on sub debt redemption— (1,824)— (1,824)(160)
Adjusted interest expense$8,552 $7,931 $8,247 $24,237 $23,549 
Net Interest Income (taxable equivalent):
Net interest income$37,110 $33,138 $34,634 $104,330 $99,786 
Add: total taxable equivalent adjustment180 161 133 480 412 
Net interest income (taxable equivalent)$37,290 $33,299 $34,767 $104,810 $100,198 
Adjusted Net Interest Income:
Net interest income$37,110 $33,138 $34,634 $104,330 $99,786 
Add: accelerated accretion on sub debt redemption— 1,824 — 1,824 160 
Adjusted net interest income$37,110 $34,962 $34,634 $106,154 $99,946 
Adjusted Net Interest Income (taxable equivalent):
Net interest income$37,110 $33,138 $34,634 $104,330 $99,786 
Add: taxable equivalent adjustment180 161 133 480 412 
Add: accelerated accretion on sub debt redemption— 1,824 — 1,824 160 
Adjusted net interest income (taxable equivalent)$37,290 $35,123 $34,767 $106,634 $100,358 
Average loans$2,300,973 $2,233,133 $2,109,593 $2,237,480 $2,096,800 
Average investment securities$394,507 $382,863 $385,235 $388,635 $381,978 
Average interest-earning assets$2,844,497 $2,714,207 $2,610,884 $2,758,966 $2,531,698 
Average deposits and borrowed funds$2,580,596 $2,459,749 $2,388,059 $2,501,857 $2,318,172 

(Continued on next page)




14

Non-GAAP Financial Measures (Continued)
For the Three Months EndedFor the Nine Months Ended
September 30,June 30,September 30,September 30,
20262026202520262025
(Dollars in thousands, except per share data)
Yield on loans6.99 %6.93 %7.21 %6.95 %7.16 %
Yield on loans (taxable equivalent)7.01 %6.94 %7.21 %6.96 %7.16 %
Yield on investments3.73 %3.60 %3.36 %3.62 %3.32 %
Yield on investments (taxable equivalent)3.82 %3.70 %3.47 %3.72 %3.44 %
Yield on interest-earning assets6.37 %6.34 %6.52 %6.32 %6.52 %
Yield on interest-earning assets (taxable equivalent)6.39 %6.36 %6.54 %6.34 %6.54 %
Net interest margin5.18 %4.90 %5.26 %5.06 %5.27 %
Net interest margin (taxable equivalent)5.20 %4.92 %5.28 %5.08 %5.29 %
Adjusted Net interest margin (taxable equivalent)5.20 %5.19 %5.28 %5.17 %5.30 %
Cost of funds1.31 %1.59 %1.37 %1.39 %1.37 %
Adjusted cost of funds1.31 %1.29 %1.37 %1.30 %1.36 %
Adjusted Efficiency Ratio:
Noninterest expense$16,254$15,868$15,491$48,158$46,436
Noninterest income$1,303$1,176$1,285$5,189$3,683
Net interest income$37,110$33,138$34,634$104,330$99,786
Add: accelerated accretion on sub debt redemption—1,824—1,824160
Adjusted net interest income$37,110$34,962$34,634$106,154$99,946
Efficiency ratio42.31 %46.24 %43.13 %43.97 %44.88 %
Adjusted efficiency ratio42.31 %43.91 %43.13 %43.25 %44.81 %
Adjusted Net Income and EPS:
Net income$16,740$12,161$12,061$43,888$36,657
Add: accelerated accretion on sub debt redemption—1,824—1,824160
Less: tax adjustment for accelerated accretion on sub debt redemption (1)
—(539)—(539)(47)
Less: renewable energy investment tax credit benefit(920)——(920)—
Adjusted net income$15,820$13,446$12,061$44,253$36,770
Basic weighted average common shares outstanding10,380,90610,369,79110,489,49610,369,25710,505,896
Diluted weighted average common shares outstanding10,542,09810,507,66210,601,69410,513,01310,617,773
Basic EPS$1.61$1.17$1.15$4.23$3.49
Diluted EPS$1.59$1.16$1.14$4.17$3.45
Adjusted basic EPS$1.52$1.29$1.15$4.27$3.50
Adjusted diluted EPS$1.50$1.28$1.14$4.21$3.46
(Continued on next page)


15

Non-GAAP Financial Measures (Continued)
For the Three Months EndedFor the Nine Months Ended
September 30,June 30,September 30,September 30,
20262026202520262025
(Dollars in thousands, except per share data)
Return on Average Tangible Equity:
Net income$16,740$12,161$12,061$43,888$36,657
Add: amortization of intangible assets9869871,0682,9593,202
Less: tax adjustment (1)
(291)(292)(316)(875)(947)
Net income, adjusted for amortization of intangibles$17,435$12,856$12,813$45,972$38,912
Net income$16,740$12,161$12,061$43,888$36,657
Add: accelerated accretion on sub debt redemption—1,824—1,824160
Less: tax adjustment for accelerated accretion on sub debt redemption (1)
—(539)—(539)(47)
Less: renewable energy investment tax credit benefit(920)——(920)—
Net income, adjusted for accelerated accretion on sub debt redemption and renewable energy tax credit investment benefit$15,820$13,446$12,061$44,253$36,770
Net income, adjusted for amortization of intangibles$17,435$12,856$12,813$45,972$38,912
Add: accelerated accretion on sub debt redemption—1,824—1,824160
Less: tax adjustment for accelerated accretion on sub debt redemption(1)
—(539)—(539)(47)
Less: renewable energy investment tax credit benefit(920)——(920)—
Net income, adjusted for amortization of intangibles, accelerated accretion on sub debt redemption, and renewable energy investment tax credit benefit$16,515$14,141$12,813$46,337$39,025
Average equity$404,098$395,954$363,685$395,289$352,907
Less: average intangible assets(61,585)(62,579)(65,592)(62,568)(66,651)
Average tangible equity$342,513$333,375$298,093$332,721$286,256
Return on average equity16.44 %12.32 %13.16 %14.84 %13.89 %
Return on average equity, adjusted for accelerated accretion on sub debt redemption and renewable energy investment tax credit benefit15.53 %13.62 %13.16 %14.97 %13.93 %
Return on average tangible equity20.20 %15.47 %17.05 %18.47 %18.17 %
Return on average tangible equity, adjusted for accelerated accretion on sub debt redemption and renewable energy investment tax credit benefit19.13 %17.01 %17.05 %18.62 %18.23 %
Adjusted Return on Average Assets:
Net income$16,740$12,161$12,061$43,888$36,657
Add: accelerated accretion on sub debt redemption—1,824—1,824160
Less: tax adjustment for accelerated accretion on sub debt redemption (1)
—(539)—(539)(47)
Less: renewable energy investment tax credit benefit(920)——(920)—
Net income, adjusted for accelerated accretion on sub debt redemption and renewable energy investment tax credit benefit$15,820$13,446$12,061$44,253$36,770
Average assets$3,011,804$2,879,579$2,772,657$2,921,726$2,693,855
Return on average assets2.21 %1.69 %1.73 %2.01 %1.82 %
Adjusted return on average assets2.08 %1.87 %1.73 %2.03 %1.82 %
(1) Adjusted by combined statutory federal income tax rate of 21 percent and statutory state income tax rate of 10.84 percent.
(Continued on next page)
16


Non-GAAP Financial Measures (Continued)
As of or for the Three Months Ended
September 30,June 30,September 30,
202620262025
(Dollars in thousands, except per share data)
Tangible Common Equity:
Total shareholders' equity$402,590$398,488$368,496
Less: goodwill and other intangibles(60,953)(61,939)(64,903)
Tangible common equity$341,637$336,549$303,593
Add: accelerated accretion on sub debt redemption—1,824—
Less: tax adjustment (1)
—(539)—
Adjusted tangible common equity (2)
$341,637$337,834$303,593
Tangible book value per share$32.46$32.01$28.81
Adjusted tangible book value per share (2)
$32.46$32.13$28.81
Tangible Assets:
Total assets$2,983,584$2,945,205$2,838,171
Less: goodwill and other intangibles(60,953)(61,939)(64,903)
Tangible assets$2,922,631$2,883,266$2,773,268
Total shareholders' equity to total assets13.49%13.53%12.98%
Tangible common equity ratio11.69%11.67%10.95%
(1) Adjusted by combined statutory federal income tax rate of 21 percent and statutory state income tax rate of 10.84 percent.
(2) Adjusted tangible common equity and adjusted tangible book value per share are presented to illustrate the effect of excluding the after-tax accelerated accretion associated with the completed subordinated-debt redemption. These measures do not represent Bancorp’s actual period-end equity or book value.














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West Coast Community Bancorp Q3 2026 Investor Presentation | 1 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 INSTRUCTIONS Footnote Formatting: *Font: HelveticaNeueLT Pro 45 LtCn *Italics *Font Size: 9 *Color is dark grey #494949 Investor Presentation October 2026

 

West Coast Community Bancorp October 2026 Investor Presentation | 2 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 This investor presentation has been prepared by West Coast Community Bancorp (traded as “WCCB" on the Nasdaq Stock Market LLC, the "Company"), and its wholly owned subsidiary, West Coast Community Bank (formerly known as Santa Cruz County Bank) (the “Bank”), solely for informational purposes based on its own information as well as information from public sources. Certain information contained herein may be derived from information provided by industry sources. The Company believes such information is accurate and that the sources from which it has been obtained are reliable. However, the Company has not independently verified such information and cannot guarantee the accuracy of such information.   Statement Regarding Forward-Looking Information This presentation contains statements that we believe are, or may be considered to be, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on our current beliefs, expectations or assumptions regarding the future of the business, future plans and strategies, operational results and other future conditions of the Company. All statements other than statements of historical fact included in this presentation may constitute forward-looking statements, including statements regarding the prospects of our industry or our prospects, plans, expected operating results, financial position or business strategy. In addition, forward-looking statements generally can be identified by the use of forward-looking words such as “plan,” “expect,” “look forward to,” “budget,” “scheduled,” “estimate,” “forecast,” “continue,” “intend,” “potential,” “anticipate,” “believe,” “should,” “may,” “could,” “would,” “might,” “seek,” “will,” “be taken,” “occur,” “be achieved,” or the negative of these terms or variations of them or similar terms. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will prove to be correct. These forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from those reflected in these forward- looking statements. Non-GAAP Financial Measures This presentation includes references to non-GAAP financial measures, including: tangible common equity, tangible common equity ratio, tangible book value per share, gross loans excluding PPP loans and/or purchase discounts, adjusted non-GAAP net income, adjusted non-GAAP ROAA, adjusted non-GAAP ROATCE, adjusted diluted earnings per share, net interest income (taxable equivalent), adjusted non-GAAP efficiency ratio, adjusted non-GAAP cost of funds. We believe that these non-GAAP measures provide information that is important to investors and that is useful in understanding our capital position and ratios. However, these non-GAAP financial measures are supplemental and are not a substitute for an analysis based on U.S. GAAP measures. As other companies may use different calculations for these measures, this presentation may not be comparable to other similarly titled measures reported by other companies. See the Appendices to this presentation for a reconciliation of non-GAAP measures to the most directly comparable GAAP financial measures. Unaudited Financial Data Numbers contained in this presentation for the quarter ended September 30, 2026, and for other quarterly periods are unaudited. As a result, subsequent information may cause a change in certain accounting estimates and other financial information. Disclaimer

 

West Coast Community Bancorp October 2026 Investor Presentation | 3 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 About West Coast Community Bank 220 full-time equivalent employees as of September 30, 2026 $2.98 billion in assets as of September 30, 2026 Community bank headquartered in California’s Central Coast region; founded in Santa Cruz in 2004 Eleven branches across five counties: Monterey, San Luis Obispo, San Mateo, Santa Clara and Santa Cruz Regional Footprint

 

West Coast Community Bancorp October 2026 Investor Presentation | 4 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Attractive Markets Monterey County County # of Branches* Deposit Market Share** Median Household Income****Population*** 5 16.33% 3 7.89% 1 0.63% 1 0.13% 271K 439K 282K 1.9MM $108K $93K $101K $168K Santa Cruz County San Luis Obispo County Santa Clara County **Per FDIC data as of June 30, 2026 ***Per 2020 U.S. Census ****Per 2024 U.S. Census Bureau Data *Our 11th branch, located in San Mateo County, opened in October 2026.

 

West Coast Community Bancorp October 2026 Investor Presentation | 5 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Leadership Team Krista Snelling Chairman & Chief Executive Officer Angelo DeBernardo, Jr. EVP Chief Lending Officer Jon P. Sisk EVP Chief Banking Officer Shawn Lipman EVP Chief Credit Officer Maxwell Sinclair EVP Chief Risk Officer Mark Gouvion EVP Chief Operations Officer Cecilia Situ EVP Chief Financial Officer Matthew March EVP Chief Information Officer

 

R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Financial Highlights

 

West Coast Community Bancorp October 2026 Investor Presentation | 7 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Q3 2026 Consolidated Financial Results Balance Sheet Strength Consistent Profitability Strong Earnings Metrics Healthy Credit Quality $2.984 Billion Total Assets $37.1 Million Q3 Net Interest Income 2.21% / 2.08%(1) Q3 ROAA / Q3 Non-GAAP Adjusted ROAA 0.63%(2) Nonperforming Assets/Assets $2.337 Billion Total Loans $16.7 Million Q3 Net Income 20.20% / 19.13%(1) Q3 Non-GAAP ROATCE / Q3 Non- GAAP Adjusted ROATCE 0.51% Nonaccrual Loans/Total Loans $2.555 Billion Total Deposits $15.8 Million(1) Q3 Non-GAAP Adjusted Net Income 5.20%(1) Q3 Net Interest Margin, Taxable Equivalent (Non-GAAP) 1.57% ACL/Total Loans $341.6 Million(1) Tangible Common Equity, a Non- GAAP measure $1.59 / $1.50(1) Q3 Diluted Earnings Per Share / Q3 Non-GAAP Adjusted Diluted Earnings Per Share 42.31%(1) Q3 Non-GAAP Efficiency Ratio 0.18% Annualized Year-to-Date Net Charge-offs (Recoveries)/ Avg. Loans (1) See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices. (2) Nonperforming assets includes nonaccrual loans and other real estate owned.

 

West Coast Community Bancorp October 2026 Investor Presentation | 8 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Consistent Balance Sheet Growth ($ in millions) Total Assets Total Loans (Excl. Purchase Discounts)* Total Deposits Tangible Common Equity* *Also excludes Paycheck Protection Program (PPP) loan balances. See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices. Denotes acquisition through bank merger $1,701 $1,744 $1,794 $2,680 $2,884 $2,895 $2,945 $2,984 $994 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 $1,109 $1,265 $1,411 $2,076 $2,193 $2,237 $2,287 $2,351 $639 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 $1,496 $1,531 $1,515 $2,310 $2,477 $2,474 $2,523 $2,555 $808 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 $158 $170 $203 $265 $313 $325 $337 $342 $39 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 CAGR = 12.6% CAGR = 17.1% CAGR = 11.9% CAGR = 17.7%

 

West Coast Community Bancorp October 2026 Investor Presentation | 9 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Strong Profitability ($ in millions) *See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices. **Reflects adjusted net income for the periods presented. Net Income $8.2 $3.8 $11.7 $12.9 $12.1 $13.8 $15.0 $12.2 1.78% 1.95% 1.73% 1.88% 2.12% 2.21% 1.87% 2.08% 1.97% 1.96% 1.87% 2.08% Net Income Non-GAAP Adjustment (+)* Non-GAAP Adjustment (-)* ROAA Adjusted ROAA* 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 2026Q3 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% $13.4** 0.57% $16.7 $15.8** $14.4** $14.1** $13.0** 1.69%

 

West Coast Community Bancorp October 2026 Investor Presentation | 10 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Attractive Adjusted Return On Average Tangible Common Equity 14.63% 22.07% 18.34% 19.35% 17.05% 19.23% 19.75% 17.01% 19.13% 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 2026Q3 —% 5% 10% 15% 20% 25% Adjusted Return on Average Tangible Common Equity* *See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices.

 

West Coast Community Bancorp October 2026 Investor Presentation | 11 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 *See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices. **Reflects adjusted diluted EPS for the periods presented High Margin Drives Profitability ($ in millions, except per share data) Net Interest Income/ Taxable Equivalent Net Interest Margin* Diluted Earnings per Share ("EPS") $20.5 $34.1 $32.3 $32.8 $34.6 $34.4 $34.1 $33.1 $37.1 4.93% 5.38% 5.29% 5.30% 5.28% 4.99% 5.11% 4.92% 5.20% Net Interest Income Taxable Equivalent NIM* 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 2026Q3 $0.36 $1.22 $1.31 $1.16 Diluted EPS Non-GAAP Adjustment (+)* Non-GAAP Adjustment (-)* 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 2026Q3 $1.50** $0.96 $1.32** $1.10 $1.23** $1.14 $1.36** $1.43 $1.28** $1.59

 

West Coast Community Bancorp October 2026 Investor Presentation | 12 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Attractive Deposit Mix As of September 30, 2026 The 10 largest deposit relationships, excluding fully collateralized government agency deposits, represent approximately 15.0% of total deposits. Growth opportunities include: ▪ Expanded Central Coast presence ▪ Silicon Valley/Bay Area ▪ Local municipalities Money market 2.60% Interest-bearing demand 0.99% Savings 0.85% CDs 2.37% Total deposits 1.31% Q3 2026 Average Cost of DepositsNoninterest-bearing demand 39% Interest-bearing demand 9% Money market 40% Savings 7% CDs 5% Business: 31% Personal: 8%

 

West Coast Community Bancorp October 2026 Investor Presentation | 13 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Disciplined Credit Culture ($ in thousands) Nonperforming Loans (net of Deferred Loan Fees and Costs) Nonperforming loans to total loans of 0.51%. The balance reflects: ▪ A $5.8 million hotel relationship, consisting of a $878 thousand conventional CRE loan and a $4.9 million SBA CRE loan. Other non-accrual loans include 2 CRE loans totaling $1.4 million, as well as $4.7 million of other SBA-related credits. As of September 30, 2026 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 Nonaccrual Loans * Commercial & Industrial $ 163 $ 1,243 $ — $ — $ — $ — $ — $ — Land & Construction — 990 — — 10,000 — — — Commercial Real Estate — — 6,526 504 — 1,112 1,096 2,320 SBA, B&I, and FSA 157 120 — 114 4,101 9,824 10,346 9,561 Consumer 61 808 — — — — — — Total Nonaccrual $ 381 $ 3,161 $ 6,526 $ 618 $ 14,101 $ 10,936 $ 11,442 $ 11,881 Allowance for Credit Losses $ 19,978 $ 21,444 $ 23,943 $ 31,622 $ 38,173 $ 34,677 $ 35,119 $ 36,608 ACL as a % of Gross Loans excluding PPP* 1.80 % 1.70 % 1.70 % 1.55 % 1.76 % 1.56 % 1.55 % 1.57 % *See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices.

 

West Coast Community Bancorp October 2026 Investor Presentation | 14 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Loans By Type ($ in millions, except as noted) Commercial Real Estate $1,352 62% Commercial & Industrial $366 17% Construction $254 12% Guaranteed Portion of SBA, B&I and FSA; $116.4 million, or 71%, of this segment Chart presented gross of deferred expenses, fees and purchase discounts as of September 30, 2026. *See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices. $2.337 Billion in Total Outstanding Loans as of September 30, 2026* Q3 2026 tax equivalent loan yield of 7.01%, up 7 bps from 6.94% in Q2 2026. The increase in the loan yield over prior quarter was primarily attributed to the recovery of interest on the collection of a formerly charged-off loan in addition to upward repricing in response to increases in market interest rates. Commercial Real Estate $1,420 60% Construction $255 11% Co ercial & In i l 4 7 20 Consumer and Other $43 2% SBA 7a, B&I and FSA $163 7%

 

West Coast Community Bancorp October 2026 Investor Presentation | 15 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Real Estate Loan Detail ($ in millions, except as noted) $1.420 Billion in Total Commercial Real Estate Loans as of September 30, 2026* **Alameda, San Francisco, San Mateo, Contra Costa, Sonoma, Solano, Napa and Marin counties *Figures gross of deferred expenses, fees and purchase discounts. Retail $157 12% Other CRE, OO $233 17% Office $128 9% Hotel $238 18% Multifamily $240 18% Monterey County $416 31% Santa Cruz County $496 36% Santa Clara County $129 10% Hotel $237 18% 1-4 SFR $45 3% Farmland $97 7% Hotel $254 18% Multifamily $218 15% Office $122 9% Other CRE, NOO $244 17% Other CRE, OO $234 16% Retail $206 15% Bay Area** $52 4% Santa Cruz County $499 35% Monterey County $388 28% San Luis Obispo County $116 8% Other CA $159 11% Out of State $89 6% Santa Clara County $117 8%

 

West Coast Community Bancorp October 2026 Investor Presentation | 16 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Organic Loan Growth and Pricing ($ in millions) Originations & advances, paydowns and payoffs gross of deferred expenses, fees and purchase discounts. Loan rates are weighted by loan balances adjusted for deferred expenses, fees and purchase discounts. Q4-2024 loan growth data excludes $603 million in loans acquired via the merger with 1st Capital Bancorp; the overall portfolio interest rate calculation includes the acquired loans. 8.56% 8.13% 8.24% 7.49% 7.14% 6.96% 6.77% 6.58%6.55% 6.63% 6.69% 6.73% 6.70% 6.67% 6.67% 6.77% Originations & Advances Paydowns Payoffs Wtd Avg Origination Rate Overall Wtd Avg Rate 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 2026Q3 $(100) $— $100 $200 2.00% 4.00% 6.00% 8.00% 10.00%

 

West Coast Community Bancorp October 2026 Investor Presentation | 17 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Fixed vs. Variable Rate Loans and Repricing Timeline ($ in millions) Figures gross of deferred expenses, fees and purchase discounts. (1) Of the loans at their floor rate, 75% will remain at the floor for more than 12 months. (2) Floating/Instant: WSJ Prime and SOFR based loans that reprice instantly or monthly based on their respective index. (3) 93% of fixed rate loans have maturities beyond 12 months. Interest Rate Structure as of September 30, 2026 $643 27% $850 36% $374 16% $481 21% At Floor (1) Floating/Instant (2) Fixed Rate (3) Adjustable Rate $149 $88 $242 $2 CRE Other Loans SBA RE $— $50 $100 $150 $200 $250 < 1 year 1-3 years 3-5 years 5-15 years

 

West Coast Community Bancorp October 2026 Investor Presentation | 18 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Fixed vs. Variable Rate Loans and Loan Floor Rates ($ in millions) Interest Rate Structure as of September 30, 2026 $643 27% $850 36% $374 16% $481 21% At Floor Floating/Instant Fixed Rate Adjustable Rate $50 $53 $58 $329 $140 $— $50 $100 $150 $200 $250 $300 $350 3% - 4% 4.01% - 4.5% 4.51% - 5% 5.01% - 6% 6.01% - 7% 7%+ Figures gross of deferred expenses, fees and purchase discounts. $13

 

West Coast Community Bancorp October 2026 Investor Presentation | 19 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Changes in Allowance for Credit Losses on Loans ("ACL") in Q3 2026 ($ in thousands) Total Period End ACL Decrease in the ACL Increase in the ACL $35,119 $1,214 $(1,214) $1,535 $1,175 $(1,049) $(172) $36,608 6/30/2026 ACL 1.55% of Amortized Cost of Loans Recoveries, Net of Charge- offs Reserve Release due to Recovery Increase in Loan Volume / Change in Mix Change in Individually Analyzed Loan Reserves Net Change in Pooled Reserve Rate Other 9/30/2026 ACL 1.57% of Amortized Cost of Loans $33,000 $34,000 $35,000 $36,000 $37,000 $38,000 $39,000

 

West Coast Community Bancorp October 2026 Investor Presentation | 20 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Investment Portfolio Composition As of September 30, 2026 ▪ Chart includes available-for-sale ("AFS") securities at market value and held-to- maturity ("HTM") securities at amortized cost. ▪ Effective duration of the investment portfolio is 3.8 years. ▪ 98% of the carrying value of investment securities classified as AFS. ▪ Total portfolio book yield of 3.71%. ▪ HTM securities totaled $6.4 million. *The municipal bond that is not rated was underwritten by the Bank and is fully secured by a 1st lien position on a real estate property. Municipal Bond Ratings 22% 65% 5% 8% AAA AA A NR* US Treasury bonds Effective Duration: 1 Book yield: 1.93% Securities issued by US Government agencies (including MBS/CMOs) Effective Duration: 4.3 Book yield: 4.27% SBA-backed Effective Duration: 1.3 Book yield: 4.32% Municipal bonds Effective Duration: 6.8 Book yield: 4.38% Asset-backed Effective Duration: 0 Book yield: 4.65% Privately labeled CMO Effective Duration: 5.7 Book yield: 4.65% Corporate bonds Effective Duration: 0.9 Book yield: 4.04% Book yields presented are the weighted average yields as of September 30, 2026.

 

West Coast Community Bancorp October 2026 Investor Presentation | 21 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 $9.9 $21.6 $15.5 $15.4 $15.5 $15.8 $16.0 $15.9 $16.3 45.76% 61.62% 45.16% 43.13% 44.12% 43.59% 46.24% 42.31%43.05% 46.48% 43.08% 43.91% Noninterest Expense Efficiency Ratio Adjusted Efficiency Ratio* 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 2026Q3 Disciplined Expense Management ($ in millions) Noninterest Expense *See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices. 44.95%

 

West Coast Community Bancorp October 2026 Investor Presentation | 22 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Robust Capital Position Post 2024 Merger & Post Stock Repurchase in 2025 TCE Ratio* Tier 1 Ratio Total Capital Ratio Leverage Ratio 9.44% 9.90% 11.47% 10.14% 11.10% 11.49% 11.67% 11.69% 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 13.62% 13.69%13.72% 12.24% 12.82%13.08%13.22% 13.33% 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 14.88% 14.94% 14.98% 14.00% 14.39% 14.65% 14.47% 14.59% 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 9.50% 10.39% 12.09% 10.51% 11.12%11.75% 12.11%12.07% 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 *Non-GAAP measure. See the Appendices for reconciliations to the most comparable GAAP measures.

 

West Coast Community Bancorp October 2026 Investor Presentation | 23 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Tangible Book Value Per Share Continues Upward Trend Tangible Book Value per Share* = (Shareholders' Equity - Goodwill & Intangibles) / Outstanding Shares Adjusted for stock dividends and splits CAGR = 12.6% $18.50 $20.04 $24.10 $25.09 $29.85 $30.98 $32.01 $32.46 Tangible Book Value Per Share* 2021YE 2022YE 2023YE 2024YE 2025YE 2026Q1 2026Q2 2026Q3 *Non-GAAP measure. See the Appendices for reconciliations to the most comparable GAAP measures.

 

West Coast Community Bancorp October 2026 Investor Presentation | 24 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Shareholder-Focused Superior Price Performance Quarterly Cash Dividend Paid Relative Price Performance % through October 16, 2026. WCCB NASDAQ Bank Ja n 2 1 Ju n 2 1 Dec 21 May 22 Nov 22 Apr 23 Oct 23 Mar 24 Sep 24 Fe b 2 5 Aug 25 Ja n 2 6 Ju n 2 6 Oct 26 —% 40.0% 80.0% 120.0% 160.0% 200.0% 240.0% $0.17 $0.18 $0.19 $0.20 $0.21 $0.22 $0.23 $0.24 $0.25 $0.29 20 24 Q3 20 24 Q4 20 25 Q1 20 25 Q2 20 25 Q3 20 25 Q4 20 26 Q1 20 26 Q2 20 26 Q3 20 26 Q4* *Indicates declared

 

West Coast Community Bancorp October 2026 Investor Presentation | 25 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Highlights Featured Business Lines ▪ SBA lending expertise ▪ Focus on local commercial lending relationships ▪ Core low-cost deposit franchise Strong Balance Sheet ▪ Attractive loan yields ▪ Long history of low credit losses ▪ Low cost of funds compared to peers Community Impact ▪ More than 4,400 volunteer hours in 2025 ▪ $690K of support to nonprofit organizations in 2025  Clear Vision ▪ New product development ▪ Efficiency strategies ▪ Growth beyond Santa Cruz serving Monterey, San Luis Obispo, San Mateo, Santa Clara and Santa Cruz counties Profitability ▪ Profitability metrics are best-in- class amongst peers ▪ Disciplined expense management Capacity to Grow ▪ Consistent growth via organic expansion and strategic mergers ▪ Robust capital levels ▪ Attractive markets

 

West Coast Community Bancorp October 2026 Investor Presentation | 26 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Community Reinvestment More than 900 Hours of Community Service in Q3 2026 Through volunteerism and service on boards and committees, we reinvest our time and financials into the communities we serve by supporting local nonprofits, service clubs, chambers and charitable organizations. Our directors, management team and employees are involved in hundreds of activities and generously give their time, energy and talent. We offer our employees participation in a Community Service Program that supports activities to enhance the communities in which we live and work. This program allows full-time employees up to 40 paid hours per calendar year to volunteer with 501(c)(3) charitable organization(s) of their choice. Rancho Cielo Food box packing Hunger at Home Food preparation Santa Cruz County Fairgrounds Foundation Junior Livestock Auction Buyer's Dinner support United Way San Luis Obispo Stuff the Bus school supply collection

 

West Coast Community Bancorp October 2026 Investor Presentation | 27 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Rankings and Recognition | National NEWSWEEK MAGAZINE Named one of the 2026 Top 500 Regional Banks & Credit Unions in the U.S. TIME MAGAZINE AMERICA'S GROWTH LEADERS FOR 2026 Ranked #330 of 501 in inaugural list of top performing publicly listed companies in the U.S. BANK DIRECTOR MAGAZINE 2026 RANKINGBANKING REPORT Ranked #12 among Top 25 U.S. publicly traded banks and #7 for banks with assets less than $5B for full-year 2025 performance. S&P GLOBAL MARKET INTELLIGENCE Best-performing Banks of 2025 Rankings: #8 among top U.S. community banks under $3B; #2 among community banks in the West under $10B; and #1 among California community banks under $10B for full-year 2025 financial performance. BAUERFINANCIAL, INC Rated 5-Star "Superior" for 42 consecutive quarters as of June 30, 2026. AMERICAN BANKER MAGAZINE Ranked #68 among top U.S. community banks with assets of $2B to $10B for full-year 2025 financial performance. BANK PERFORMANCE REPORT The Bank ranked #18 for overall performance among California Banks for the second quarter of 2026.

 

West Coast Community Bancorp October 2026 Investor Presentation | 28 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Rankings and Recognition | Regional SILICON VALLEY BUSINESS JOURNAL Ranked #43 in the Top Corporate Philanthropist in the Bay Area for 2025 giving. Ranked #34 in Silicon Valley's Fastest Growing Banks for Commercial & Industrial Lending as of March 31, 2026. Ranked #14 among Silicon Valley’s 25 largest SBA Lenders by 2025 loan value. Ranked #14 for Silicon Valley Banks with Fastest-growing Deposits as of December 31, 2025. Ranked #11 among Top 20 largest Silicon Valley banks by deposits as of June 30, 2025. Ranked #17 among fastest-growing banks by real estate lending as of September 30, 2025. SANTA CRUZ AREA CHAMBER OF COMMERCE Named Business of the Year: 2025, 2022 and 2018. MONTEREY PENINSULA CHAMBER OF COMMERCE Business Excellence Award Winner for Financial & Insurance Services. GOOD TIMES 2026 READERS' POLL "BEST OF SANTA CRUZ COUNTY" Voted Best Local Bank for the 14th consecutive year. SANTA CRUZ SENTINEL 2025 READERS' CHOICE AWARD Voted #1 Bank in Santa Cruz County for 11 years. THE PRESS BANNER “2026 THE BEST OF SCOTTS VALLEY“ READERS' POLL Silver Award for Best Local Bank. THE PAJARONIAN “2026 BEST OF THE PAJARO VALLEY" READERS' POLL Silver Award for Best Bank. THE LOOKOUT LIST 2025 Santa Cruz County Favorites, Inaugural Lookout List.

 

R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Appendices

 

West Coast Community Bancorp October 2026 Investor Presentation | 30 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Non-GAAP Reconciliation Dollars in thousands, except per share amounts December 31, 2021   December 31, 2022 December 31, 2023 December 31, 2024 December 31, 2025 March 31, 2026 June 30, 2026 September 30, 2026 Total shareholders' equity $186,090   $197,676 $230,036 $332,981 $376,827 $388,234 $398,488 $402,590 Less: Intangible assets (28,202)   (27,796) (27,433) (68,105) (63,912) (62,925) (61,939) (60,953) Tangible common equity $157,888   $169,880 $202,603 $264,876 $312,915 $325,309 $336,549 $341,637     Total assets $1,701,249   $1,744,487 $1,794,362 $2,680,428 $2,883,684 $2,895,078 $2,945,205 $2,983,584 Less: Intangible assets (28,202)   (27,796) (27,433) (68,105) (63,912) (62,925) (61,939) (60,953) Tangible assets $1,673,047   $1,716,691 $1,766,929 $2,612,323 $2,819,772 $2,832,153 $2,883,266 $2,922,631     Tangible common equity ratio 9.44 %   9.90 % 11.47 % 10.14 % 11.10 % 11.49 % 11.67 % 11.69 %     Shares outstanding 8,536,000   8,477,272 8,406,680 10,556,467 10,482,767 10,499,854 10,513,743 10,524,552     Book value per share $21.80   $23.32 $27.36 $31.54 $35.95 $36.98 $37.90 $38.25 Less: Intangible book value per share (3.30)   (3.28) (3.26) (6.45) (6.10) (5.99) (5.89) (5.79) Tangible book value per share $18.50   $20.04 $24.10 $25.09 $29.85 $30.98 $32.01 $32.46

 

West Coast Community Bancorp October 2026 Investor Presentation | 31 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Non-GAAP Reconciliation (continued) Dollars in thousands, except per share amounts December 31, 2021 December 31, 2022 December 31, 2023 December 31, 2024 December 31, 2025 March 31, 2026 June 30, 2026 September 30, 2026 Gross loans (net of deferred fees and costs and purchase discounts) $1,201,805 $1,267,739 $1,411,293 $2,045,215 $2,172,464 $2,219,275 $2,271,406 $2,336,998 Less: Purchase discounts — — — (30,622) (20,841) (17,528) (15,722) (14,059) Less: PPP loans 93,278 3,202 314 158 8 — — — Gross loans excluding purchase discounts and PPP loans $1,108,527 $1,264,537 $1,410,979 $2,075,679 $2,193,297 $2,236,803 $2,287,128 $2,351,057 Allowance for credit losses $19,978 $21,444 $23,943 $31,622 $38,173 $34,677 $35,119 $36,608 Gross loans (net of deferred fees and costs and purchase discounts) $1,201,805 $1,267,739 $1,411,293 $2,045,215 $2,172,464 $2,219,275 $2,271,406 $2,336,998 Less: PPP loans 93,278 3,202 314 158 8 — — — Gross loans excluding PPP loans $1,108,527 $1,264,537 $1,410,979 $2,045,057 $2,172,456 $2,219,275 $2,271,406 $2,336,998 Allowance for credit losses as a percentage of gross loans excluding PPP loans 1.80 % 1.70 % 1.70 % 1.55 % 1.76 % 1.56 % 1.55 % 1.57 % Gross loans (net of deferred fees and costs and purchase discounts) $1,201,805 $1,267,739 $1,411,293 $2,045,215 $2,172,464 $2,219,275 $2,271,406 $2,336,998 Less: Purchase discounts — — — (30,622) (20,841) (17,528) (15,722) (14,059) Gross loans excluding purchase discounts $1,201,805 $1,267,739 $1,411,293 $2,075,837 $2,193,305 $2,236,803 $2,287,128 $2,351,057 Less: Deferred fees and expenses 1,276 2,971 2,159 2,133 1,904 2,080 2,281 2,609 Gross loans excluding purchase discounts, deferred fees and expenses $1,200,529 $1,264,768 $1,409,134 $2,073,704 $2,191,401 $2,234,723 $2,284,847 $2,348,448

 

West Coast Community Bancorp October 2026 Investor Presentation | 32 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Non-GAAP Reconciliation (continued) Dollars in thousands, except per share amounts Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Net income $ 8,199 $ 3,840 $ 11,678 $ 12,918 $ 12,061 $ 13,772 $ 14,987 $ 12,161 $ 16,740 Add: Accelerated accretion on redemption of subordinated debentures — — — 160 — 864 — 1,824 — Add: Day 1 provision for credit losses on acquired non-PCD loans — 7,667 — — — — — — — Add: Net loss on sale of branch building — 509 — — — — — — — Add: Merger expense — 6,278 — — — — — — — Less: Renewable energy tax credit (920) Adjusted non-core items — 14,454 — 160 — 864 — 1,824 (920) Tax effected non-core items — 10,210 — 113 — 609 — 1,285 (920) Adjusted non-GAAP net income $ 8,199 $ 14,050 $ 11,678 $ 13,031 $ 12,061 $ 14,381 $ 14,987 $ 13,446 $ 15,820 Add: Core deposit intangibles (CDI) amort. $ 83 $ 1,071 $ 1,067 $ 1,067 $ 1,068 $ 991 $ 986 $ 987 $ 986 Tax effected CDI amort. 58 754 752 752 752 698 695 695 695 Adjusted non-GAAP income excl. CDI amort. $ 8,257 $ 14,804 $ 12,430 $ 13,783 $ 12,813 $ 15,079 $ 15,682 $ 14,141 $ 16,515 Average assets $ 1,739,924 $ 2,693,214 $ 2,654,772 $ 2,652,882 $ 2,772,657 $ 2,906,010 $ 2,872,259 $ 2,879,579 $ 3,011,804 Average equity $ 251,848 $ 335,707 $ 342,549 $ 352,301 $ 363,685 $ 375,569 $ 385,612 $ 395,954 $ 404,098 Less: Average goodwill and other intangibles (27,239) (68,804) (67,737) (66,647) (65,592) (64,548) (63,561) (62,579) (61,585) Average tangible common equity $ 224,609 $ 266,903 $ 274,812 $ 285,654 $ 298,093 $ 311,021 $ 322,051 $ 333,375 $ 342,513 Average diluted shares outstanding 8,524,252 10,614,204 10,625,489 10,626,352 10,601,694 10,546,203 10,487,876 10,507,662 10,542,098 Adjusted non-GAAP ROAA 1.87 % 2.08 % 1.78 % 1.97 % 1.73 % 1.96 % 2.12 % 1.87 % 2.08 % Adjusted non-GAAP ROATCE 14.63 % 22.07 % 18.34 % 19.35 % 17.05 % 19.23 % 19.75 % 17.01 % 19.13 % Adjusted diluted EPS (non-GAAP) $ 0.96 $ 1.32 $ 1.10 $ 1.23 $ 1.14 $ 1.36 $ 1.43 $ 1.28 $ 1.50 Net income $ 8,199 $ 3,840 $ 11,678 $ 12,918 $ 12,061 $ 13,772 $ 14,987 $ 12,161 $ 16,740 Add: Tax effected CDI amort. 58 754 752 752 752 698 695 695 695 Net income excl. CDI amort. $ 8,257 $ 4,594 $ 12,430 $ 13,670 $ 12,813 $ 14,470 $ 15,682 $ 12,856 $ 17,435 Non-GAAP ROATCE 14.62 % 6.85 % 18.34 % 19.19 % 17.05 % 18.46 % 19.75 % 15.47 % 20.20 %

 

West Coast Community Bancorp October 2026 Investor Presentation | 33 R:219 G:109 B:29 R:0 G:40 B:93 R:155 G:154 B:163 Dollars in thousands Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Net interest income $ 20,517 $ 34,076 $ 32,345 $ 32,807 $ 34,634 $ 34,444 $ 34,082 $ 33,138 $ 37,110 Add: Accelerated accretion of discount on redeemed subordinated debentures — — — 160 — 864 — 1,824 — Adjusted net interest income (non-GAAP) $ 20,517 $ 34,076 $ 32,345 $ 32,967 $ 34,634 $ 35,308 $ 34,082 $ 34,962 $ 37,110 Noninterest income $ 1,065 $ 911 $ 999 $ 1,399 $ 1,285 $ 1,339 $ 2,710 $ 1,176 $ 1,303 Add: Net loss on sale of branch building — 509 — — — — — — — Adjusted noninterest income (non-GAAP) $ 1,065 $ 1,420 $ 999 $ 1,399 $ 1,285 $ 1,339 $ 2,710 $ 1,176 $ 1,303 Noninterest expense $ 9,876 $ 21,559 $ 15,497 $ 15,448 $ 15,491 $ 15,789 $ 16,036 $ 15,868 $ 16,254 Less: Merger expense — 6,278 — — — — — — — Adjusted noninterest expense (non-GAAP) $ 9,876 $ 15,281 $ 15,497 $ 15,448 $ 15,491 $ 15,789 $ 16,036 $ 15,868 $ 16,254 Adjusted non-GAAP efficiency ratio 45.76 % 43.05 % 46.48 % 44.95 % 43.13 % 43.08 % 43.59 % 43.91 % 42.31 % Net interest income $ 20,517 $ 34,076 $ 32,345 $ 32,807 $ 34,634 $ 34,444 $ 34,082 $ 33,138 $ 37,110 Add: Taxable equivalent adjustment 41 153 145 134 133 133 128 161 180 Net interest income (taxable equivalent) $ 20,558 $ 34,229 $ 32,490 $ 32,941 $ 34,767 $ 34,577 $ 34,210 $ 33,299 $ 37,290 Total interest expense $ 5,547 $ 8,063 $ 7,467 $ 7,995 $ 8,247 $ 9,202 $ 7,754 $ 9,755 $ 8,552 Less: Accelerated accretion on discount of partially redeemed subordinated debentures — — — 160 — 864 — 1,824 — Adjusted interest expense (non-GAAP) $ 5,547 $ 8,063 $ 7,467 $ 7,835 $ 8,247 $ 8,338 $ 7,754 $ 7,931 $ 8,552 Average balance of total interest-bearing liabilities and noninterest-bearing deposits $ 1,471,497 $ 2,334,680 $ 2,287,981 $ 2,277,373 $ 2,388,059 $ 2,508,055 $ 2,463,942 $2,459,749 $2,580,596 Adjusted non-GAAP cost of funds 1.50 % 1.37 % 1.32 % 1.38 % 1.37 % 1.32 % 1.28 % 1.29 % 1.31 % Non-GAAP Reconciliation (continued)

 

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