Community West Bancshares (CWBC) investor relations material

Executive summary

• Net income for Q4 2025 was $11.17 million ($0.58 per diluted share), up from $6.90 million ($0.36 per share) in Q4 2024 and $10.87 million ($0.57 per share) in Q3 2025.

• A definitive merger agreement with United Security Bancshares was announced, expected to close in Q2 2026, creating a combined entity with ~$5 billion in assets.

• A quarterly cash dividend of $0.12 per share was declared, payable February 20, 2026.

Financial highlights

• Net interest income before provision for credit losses rose to $35.75 million in Q4 2025, up 11.6% year-over-year.

• Provision for credit losses was $515,000 in Q4 2025, down from $1.22 million in Q4 2024.

• Total non-interest income for Q4 2025 was $2.55 million, a 14.1% decrease sequentially, but up 10.6% year-over-year.

• Total non-interest expense for Q4 2025 was $22.45 million, up 1.3% sequentially, but down 3.2% year-over-year.

• For the full year 2025, net income was $38.17 million ($2.00 per share), up from $7.67 million ($0.45 per share) in 2024.

Outlook and guidance

• The merger with United Security Bancshares is expected to close in Q2 2026, subject to regulatory and shareholder approvals.

• Management anticipates continued strong capital and operating performance, with a focus on expanding Central California presence.