Community West Bancshares
For the period ended Apr 21, 2025. Filed Apr 21, 2025.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Apr 21, 2025 · Filed Apr 21, 2025
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · SELECTED RATIOS
SELECTED RATIOS
| Mar. 31, | Dec. 31, | Sept. 30, | Jun. 30, | Mar. 31, | |
|---|---|---|---|---|---|
| As of and for the three months ended | 2025 | 2024 | 2024 | 2024 | 2024 |
| (Dollars in thousands, except per share amounts) | |||||
| Allowance for credit losses to total loans | 1.11% | 1.11% | 1.08% | 1.11% | 1.14% |
| Non-performing assets to total assets | 0.20% | 0.18% | 0.09% | 0.08% | —% |
| Total non-performing assets | $6,936 | $6,461 | $3,250 | $2,806 | $— |
| Total nonaccrual loans | $6,936 | $6,461 | $3,250 | $2,806 | $— |
| Total substandard loans | $47,605 | $44,294 | $39,637 | $39,647 | $18,968 |
| Total special mention loans | $17,209 | $17,384 | $28,799 | $25,576 | $5,595 |
| Net loan charge-offs (recoveries) | $(125) | $59 | $(162) | $41 | $525 |
| Net charge-offs (recoveries) to average loans (annualized) | (0.02)% | 0.01% | (0.03)% | 0.01% | 0.16% |
| Book value per share | $19.51 | $19.11 | $19.19 | $18.49 | $17.89 |
| Tangible book value per share (1) | $13.96 | $13.52 | $13.60 | $12.89 | $13.35 |
| Total equity | $371,937 | $362,685 | $363,515 | $350,242 | $211,717 |
| Tangible common equity (1) | $266,092 | $256,589 | $257,618 | $244,044 | $157,935 |
| Cost of total deposits | 1.45% | 1.49% | 1.69% | 1.71% | 0.98% |
| Interest and dividends on investment securities exempt from Federal income taxes | $1,307 | $1,319 | $1,372 | $1,396 | $1,396 |
| Net interest margin (calculated on a fully tax equivalent basis) (2) | 4.04% | 3.95% | 3.69% | 3.65% | 3.42% |
| Return on average assets (3) | 0.94% | 0.78% | 0.38% | (0.73)% | 0.61% |
| Return on average equity (3) | 8.97% | 7.55% | 3.84% | (7.39)% | 7.08% |
| Loan to deposit ratio | 80.13% | 80.19% | 78.62% | 78.65% | 63.34% |
| Efficiency ratio | 67.38% | 67.55% | 88.37% | 93.58% | 74.04% |
| Tier 1 leverage - Bancorp | 9.36% | 9.17% | 9.38% | 9.14% | 9.34% |
| Tier 1 leverage - Bank | 11.12% | 10.94% | 11.24% | 11.03% | 11.95% |
| Common equity tier 1 - Bancorp | 11.39% | 11.15% | 11.12% | 11.36% | 12.94% |
| Common equity tier 1 - Bank | 13.75% | 13.54% | 13.55% | 13.94% | 16.94% |
| Tier 1 risk-based capital - Bancorp | 11.57% | 11.33% | 11.30% | 11.55% | 13.24% |
| Tier 1 risk-based capital - Bank | 13.75% | 13.54% | 13.55% | 13.94% | 16.94% |
| Total risk-based capital - Bancorp | 13.82% | 13.58% | 13.55% | 13.87% | 16.25% |
| Total risk based capital - Bank | 14.75% | 14.54% | 14.53% | 14.96% | 17.92% |
(1) Non-GAAP measure. Tangible common equity equals totals shareholder’s equity ($371,937 as of 3/31/2025) minus goodwill and core deposit intangible ($105,845 as of 3/31/2025). Tangible book value per share equals tangible common equity total ($266,092 as of 3/31/2025) divided by shares outstanding (19,061,009 as of 3/31/2025).
(2) Net Interest Margin is computed by dividing annualized quarterly net interest income by quarterly average interest-bearing assets.
(3) Computed by annualizing quarterly net income.
Community West Bancshares -- page 14
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.