West Coast Community Bancorp · NASDAQ:WCCB
West Coast Community Bancorp — Investor Presentation (April 2026)
40 slides from West Coast Community Bancorp's investor presentation, April 2026
Slide 1: Investor Presentation April 2026
Investor Presentation April 2026 West Coast Community Bancorp Q1 2026 Investor Presentation | 1
Slide 2: Disclaimer
Disclaimer This investor presentation has been prepared by West Coast Community Bancorp (traded as “WCCB" on the OTCQX, 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 o
Slide 3: About West Coast Community Bank
About West Coast Community Bank Largest community bank headquartered in California’s Central Coast region; founded in Santa Cruz in 2004 212 full-time equivalent employees as of March 31, 2026 $2.9 billion in assets as of March 31, 2026 West Coast Community Bancorp was established as West Coast Comm
Slide 4: Leadership Team
Leadership Team Krista Snelling Cecilia Situ Jon P. Sisk Angelo DeBernardo, Jr. Chairman & Chief Executive Officer EVP Chief Financial Officer EVP Chief Banking Officer EVP Chief Lending Officer Mark Gouvion Shawn Lipman Matthew March Maxwell Sinclair EVP Chief Operations Officer EVP Chief Credit Of
Slide 5: Attractive Markets
Attractive Markets # of Deposit Market Median Household County Branches Share* Population** Income** Santa Cruz County 5 16.27% 271K $108K Monterey County 3 6.97% 439K $93K San Luis Obispo County 1 0.49% 282K $101K Santa Clara County 1 0.09% 1.9MM $168K *Per FDIC data as of June 30, 2025 **U.S. Cens
Slide 6: Financial Highlights
Financial Highlights WEST COAST
Slide 7: Q1 2026 Consolidated Financial Results
Q1 2026 Consolidated Financial Results Balance Sheet Consistent Strong Earnings Healthy Credit Strength Profitability Metrics Quality $2.895 Billion $34.1 Million 2.12% 0.62% Total Assets Q1 Net Interest Income Q1 ROAA Nonperforming Assets/Assets $2.219 Billion $15.0 Million 19.75% 0.49% Total Loans
Slide 8: Solid Liquidity Position
Solid Liquidity Position ($ in 000s) As of March 31, December 31, March 31, 2026 2025 2025 Cash and due from banks $ 161,514 $ 190,678 $ 45,000 Interest-earning deposits in other financial institutions 100 104 350 Unencumbered AFS securities 255,170 267,150 268,525 Total on-balance-sheet liquidity 4
Slide 9: Investment Portfolio Composition
Investment Portfolio Composition As of March 31, 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 3.9 years. ▪ 98% of the carrying value of investment securities
Slide 10: Attractive Deposit Mix
Attractive Deposit Mix As of March 31, 2026 The 10 largest deposit relationships, excluding fully collateralized government agency deposits, represent approximately 14.5% of total deposits. Growth opportunities include: ▪ Expanded Central Coast presence ▪ Silicon Valley/Bay Area ▪ Local municipaliti
Slide 11: Deposit Characteristics
Deposit Characteristics ($ in 000s) 50% 51% 50% 48% 47% 48% ▪ Insured deposits include fully collateralized balances. ▪ IntraFi reciprocal deposit network products 52% 53% 52% 50% 49% 50% maximize depositors' FDIC insurance protection. West Coast Community Bancorp Q1 2026 Investor Presentation | 11
Slide 12: Strong Deposit Franchise Granular Deposit
Strong Deposit Franchise Granular Deposit Account Composition ($ in 000s) As of March 31, 2026 Total Personal Deposits $798,094 Number of Accounts 14,718 Average Balance Per Account $54 Total Business Deposits $1,676,192 Number of Accounts 8,934 Average Balance Per Account $188 West Coast Community
Slide 13: Disciplined Credit Culture
Disciplined Credit Culture ($ in 000s) Nonperforming Loans (net of Deferred Loan Fees and Costs) 2021 2022 2023 2024 2025 Q1-2026 Nonaccrual Loans * Commercial & Industrial $ 163 $ 1,243 $ — $ — $ — $ — Land & Construction — 990 — — 10,000 — Commercial Real Estate — — 6,526 504 — 1,112 SBA, B&I, and
Slide 14: Loans By Type
Loans By Type ($ in millions, except as noted) SBA 7a, B&I and FSA $176 8% Consumer and Other $39 2% $2.219 Billion in Total Outstanding Commercial Commercial && Loans as of March 31, 2026 Commercial Real Industrial Industrial Estate $366 $386 Q1 2026 tax equivalent loan yield of 6.92%, Commercial $
Slide 15: Real Estate Loan Detail
Real Estate Loan Detail ($ in millions, except as noted) $1.374 Billion in Total Real Estate Loans 1-4 SFR as of March 31, 2026* $52 Farmland Bay Area** 4% $59 $54 4% 4% Retail Retail $161 $157 12% 12% HotelHotel $238$248 Santa Cruz Other CRE, OO Santa Cruz Monterey Monterey 18% 18% County $230 Coun
Slide 16: Organic Loan Growth and Pricing
Organic Loan Growth and Pricing ($ in 000s) Loan balances are reported gross and exclude deferred expenses and fees, and unaccreted purchase discount. Loan rates are weighted by loan balances and exclude fees/purchase discount accretion. Q4-2024 loan growth data excludes loans acquired via the merge
Slide 17: Fixed Vs. Variable Rate Loans and Repricing Timeline
Fixed Vs. Variable Rate Loans and Repricing Timeline ($ in millions) Interest Rate Structure as of March 31, 2026 Gross of deferred expenses and fees, and purchase discount. (1) Of the loans at their floor rate, 86% will remain at the floor for more than 12 months. (2) Floating/Instant: WSJ Prime an
Slide 18: Fixed Vs. Variable Rate Loans and Loan Floor Rates
Fixed Vs. Variable Rate Loans and Loan Floor Rates ($ in millions) Interest Rate Structure as of March 31, 2026 Gross of deferred expenses and fees, and purchase discount. West Coast Community Bancorp Q1 2026 Investor Presentation | 18
Slide 19: Upcoming CRE Interest Rate Repricing
Upcoming CRE Interest Rate Repricing Scheduled Interest Rate Repricing Through March 2028 Non-Owner-Occupied CRE with a Senior Lien, Non-SBA; Data as of March 31,2026 Total Loans to Reprice $157.74MM Weighted Avg. % of Total NOO CRE DSCR After 14.9% Reprice Avg. Rate Change 1.53 1.89% Current Weight
Slide 20: Non-owner-occupied CRE Loans
Non-owner-occupied CRE Loans ($ in millions) Stress Test: 25% Decline in Real Estate Collateral Value Non-Owner-Occupied CRE, Non Non-SBA SBA as of March 31, 2026 Office Retail Stressed WALTV Stressed WALTV 56.92% 55.82% Hotel Stressed WALTV Stressed LTV *$10.9 million bridge loan secured by a hotel
Slide 21: Non-owner-occupied CRE Loans
Non-owner-occupied CRE Loans ($ in millions) Stress Test: 15% Decline in Net Operating Income Non-Owner-Occupied CRE, Non-SBA Loans as of March 31, 2026 Hotel Retail Stressed DSCR Stressed DSCR 1.76 1.62 Loans that have a stressed Office Stressed DSCR DSCR less than 1:1 have a Stressed DSCR weighted
Slide 22: Changes in the Allowance for Credit Losses on Loans in Q1 2026
Changes in the Allowance for Credit Losses on Loans ("ACL") in Q1 2026 ($ in 000s) Total Period End ACL Decrease in the ACL Increase in the ACL West Coast Community Bancorp Q1 2026 Investor Presentation | 22
Slide 23: Consistent Balance Sheet Growth
Consistent Balance Sheet Growth ($ in millions) Total Assets Gross Loans Excl. PPP & Purchase Discounts* Total Deposits Tangible Common Equity *Gross of purchase discount of $17.5 million, $20.8 $ million and $30.6 million at Denotes acquisition through bank merger March 31, 2026, December 31, 2025,
Slide 24: Strong Profitability
Strong Profitability ($ in millions) Net Income 1.87% 1.78% 0.57% (1) (1)Non-GAAP measure excludes one-time merger expenses, as well as accelerated accretion on discount of partially redeemed subordinated debt. See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendic
Slide 25: High Margin Drives Profitability
High Margin Drives Profitability ($ in millions, except per share data) Net Interest Income/Net Interest Margin* Diluted Earnings per Share ("EPS") (1) *Net interest margin is adjusted for tax equivalent basis. (1)Non-GAAP measure excludes one-time merger expenses, as well as accelerated accretion o
Slide 26: Disciplined Expense Management Enhances Profitability
Disciplined Expense Management Enhances Profitability ($ in millions) Noninterest Expense (1) Non-GAAP measure excludes one-time merger expenses. See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Appendices. (2) The efficiency ratio in Q1 2026 includes a $912 thousand
Slide 27: Relationship-Based Pricing Drives NIM and Loan Yields
Relationship-Based Pricing Drives NIM and Loan Yields 5-Year Yield on Loans and Net Interest Margin* Trend Compared to Peers (1)Includes loan fee income, expenses, and purchase discount accretion from acquired loans. *Effective January 1, 2024, dividends from non-marketable equity investments held b
Slide 28: Disciplined Pricing Drives Low Cost of Funds
Disciplined Pricing Drives Low Cost of Funds 5-Year Cost of Funds Trend Compared to Peers (1)Non-GAAP measure excludes accelerated accretion on discount of Peers include all publicly listed banks headquartered in California partially redeemed subordinated debt. See Non-GAAP Reconciliation with total
Slide 29: Robust Capital Position Even Post-merger & Post Stock Repurchase in 2025
Robust Capital Position Even Post-merger & Post Stock Repurchase in 2025 TCE Ratio Tier 1 Ratio Total Capital Ratio Leverage Ratio West Coast Community Bancorp Q1 2026 Investor Presentation | 29
Slide 30: Tangible Book Value Per Share Continues Upward Trend
Tangible Book Value Per Share Continues Upward Trend $(0.52) $(0.37) $(1.18) $(1.17) $(1.91) $(0.24) Tangible Book Value per Share = (Shareholder’s Equity - Goodwill & Intangibles)/Outstanding Shares Adjusted for stock dividends and splits West Coast Community Bancorp Q1 2026 Investor Presentation |
Slide 31: Diluted Earnings Per Share Continues Upward Trend
Diluted Earnings Per Share Continues Upward Trend Diluted EPS adjusted for merger related expenses Diluted EPS Diluted Earnings per Share = Net Income/(Weighted Average Common Shares + Dilutive Common Shares) 2024 diluted EPS adjusted for merger related expenses but included purchase accounting
Slide 32: Shareholder-focused
Shareholder-focused Superior Price Performance Quarterly Cash Dividend Paid Relative Price Performance % through April 14, 2026. West Coast Community Bancorp Q1 2026 Investor Presentation | 32
Slide 33: Community Reinvestment
Community Reinvestment More than 610 Hours of Community Service in Q1 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, Second Harvest Food Bank United Way of Monterey Count
Slide 34: Rankings and Recognition | National
Rankings and Recognition | National S&P GLOBAL MARKET INTELLIGENCE NEWSWEEK MAGAZINE Best-performing Banks of 2025 Rankings: Named one of the 2026 Top 500 Regional #8 among top U.S. community banks under $3B; Banks & Credit Unions in the U.S. #2 among community banks in West under $10B; and #1 among
Slide 35: Rankings and Recognition | Regional
Rankings and Recognition | Regional SILICON VALLEY BUSINESS JOURNAL SANTA CRUZ SENTINEL 2025 Ranked #11 among Top 20 largest Silicon Valley banks by deposits as of June 30, 2025. READERS' CHOICE AWARD Voted #1 Bank in Santa Cruz County for 11 years. GOOD TIMES READERS' POLL "BEST OF SILICON VALLEY B
Slide 36: Appendices
Appendices
Slide 37: Highlights
Highlights Capacity to Grow ▪ Consistent growth via organic Profitability expansion and strategic ▪ Profitability metrics are best mergers amongst peers ▪ Robust capital levels ▪ Disciplined expense management ▪ Attractive markets Featured Business Lines Clear Vision ▪ SBA lending expertise ▪ New pr
Slide 38: NON-GAAP Reconciliation
NON-GAAP Reconciliation Tangible common equity to tangible assets (the "tangible common equity ratio") and tangible book value per share are non-U.S. GAAP financial measures derived from U.S. stock GAAP-based amounts. We calculate the tangible common equity ratio by excluding the balance of intangib
Slide 39: NON-GAAP Reconciliation (continued)
NON-GAAP Reconciliation (continued) Dollars in thousands, except per share amounts Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 QTD Net Income $ 8,216 $ 8,199 $ 3,840 $ 11,678 $ 12,918 $ 12,061 $ 13,772 $ 14,987 Add: accelerated accretion on discount of partially redeemed subordin
Slide 40: NON-GAAP Reconciliation (continued)
NON-GAAP Reconciliation (continued) Dollars in thousands, except per share amounts Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 QTD Net interest income reported per GAAP $ 20,222 $ 20,517 $ 34,076 $ 32,345 $ 32,807 $ 34,634 $ 34,444 $ 34,082 QTD Non-interest expense reported per G
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