Community West Bancshares · NASDAQ:CWBC
Community West Bancshares — Keefe, Bruyette & Woods Community Bank Investor Conference 2024
18 slides from Community West Bancshares's conference presentation, Jul 29, 2024
Slide 1: Investor Presentation - KBW Community Bank Investor Conference
Investor Presentation Keefe, Bruyette & Woods Community Bank Investor Conference James J. Kim Community West Bancshares, Chief Executive Officer Community West Bank, President & Chief Executive Officer Shannon R. Livingston Community West Bancshares and Bank Executive Vice President, Chief Financial
Slide 2: Forward-Looking Statements
Forward-Looking Statements 2 Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are forward-looking in nature and involve a number of risks and uncertainties. Such risks an
Slide 3: Mission and Values
Mission Inspire and empower our team to enrich and invest in every relationship by exceeding expectations. Values Teamwork Accountability Excellence Integrity Caring Inclusivity
Slide 4: Holding Company Executive Officers
4 Executive Position Years at CWBC Years of Experience James J. Kim Chief Executive Officer 6 23 Martin E. Plourd President <1 42 Shannon R. Livingston Executive Vice President, Chief Financial Officer 1 19 Patrick A. Luis Executive Vice President, Chief Credit Officer 3 38 Holding Company Executive
Slide 5: Bank Executive Officers
5 Executive Position Years at CWBC Years of Experience James J. Kim President & Chief Executive Officer 6 23 Dawn M. Cagle Executive Vice President, Chief Human Resources Officer 6 37 William F. Filippin Executive Vice President, Regional Executive <1 32 Teresa F. Gilio Executive Vice President 14 4
Slide 6: Overview
6 NASDAQ Symbol CWBC Market Capitalization $348.5 Million Institutional Ownership 35% Insider Ownership 9% Total Assets $3.5 Billion Headquarters Fresno, CA # of Banking Centers 26 Year Established 1980 Strategic Footprint Central California As of June 30, 2024 Overview
Slide 7: Financial Highlights
7 2024 YTD 2023 2022 Total Assets $3.5 Billion $2.43 Billion $2.42 Billion Net (Loss) Income ($2.6 Million) $25.54 Million $26.65 Million Diluted EPS ($0.17) $2.17 $2.27 Net Interest Margin 3.55% 3.58% 3.52% ROAA (0.18%) 1.04% 1.09% ROAE (1.91%) 13.81% 14.25% Cash Dividends per share $0.24 $0.48 $0.
Slide 8: Growing Franchise
9 Growing Franchise CAGR = 14.93% 1,574,089 1,832,987 2,267,615 2,439,394 2,460,358 2,944,622 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 2019 2020 2021 2022 2023 2024 YTD T h o u s an d s Average Total Assets
Slide 9: Strong Net Interest Income and NIM
10 Strong Net Interest Income and NIM 64,116 64,946 74,044 81,341 83,918 117,712 4.51 3.87 3.54 3.52 3.58 3.65 0.00 1.00 2.00 3.00 4.00 5.00 6.00 25,000 35,000 45,000 55,000 65,000 75,000 85,000 95,000 105,000 115,000 125,000 2019 2020 2021 2022 2023 2Q 2024 Annualized P e rc e n t T h o u s an d s
Slide 10: Average Loan Totals & Yield
12 Average Loan Totals & Yield CAGR = 15.20% 928,560 1,053,450 1,067,316 1,133,461 1,263,226 1,754,964 5.54 4.94 5.07 4.93 5.53 6.24 0 1 2 3 4 5 6 7 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 2,000,000 2019 2020 2021 2022 2023 2024 YTD P e rc en t T h o u sa
Slide 11: Well Diversified Loan Portfolio
13 Well Diversified Loan Portfolio Commercial & Industrial, 6% Agriculture Production & Land, 7% Owner Occupied Real Estate, 14% Construction & other land loans, 3% Non-Owner Occupied Commerical Real Estate, 39% Multi-family residential, 6% 1-4 family, 7% Manufactured housing, 15% Other consumer, 4%
Slide 12: Average Deposits and Average Cost of Deposits
14 Average Deposits and Average Cost of Deposits CAGR = 15.41% 1,295,780 1,568,194 1,974,576 2,156,092 2,155,241 2,469,504 0.15 0.09 0.05 0.06 0.72 1.41 - 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.60 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 2019 2020 2021 2022 2023 2024 YTD P e rc en t
Slide 13: Deposit Mix
15 Deposit Mix Non-Interest Bearing 37% Now/Savings 17% Money Market 29% TCDs 17% As of June 30, 2024 Total Deposits = $2.9 Billion
Slide 14: Investment Portfolio
16 Investment Portfolio 470,746 710,092 1,109,208 648,825 597,196 531,504 305,107 302,442 302,366 3.11% 2.61% 2.31% 2.51% 3.00% 3.02% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2019 2020 2021 2022 2023 2024 YTD T h o u s an d s AFS Securitie
Slide 15: Non-Performing Assets & Allowance for Loan Losses
17 Non-Performing Assets & Allowance for Loan Losses 1,693 3,278 946 0 0 2,805 0.97 1.17 0.92 0.86 1.14 1.11 0.30 0.40 0.50 0.60 0.70 0.80 0.90 1.00 1.10 1.20 1.30 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 2019 2020 2021 2022 2023 2024 YTD P e rc e n t T h o u s an d s Non Performing Assets
Slide 16: Special Mention Loans
18 Special Mention Loans 28,183 36,406 40,845 31,024 9,000 25,576 2.99 3.30 3.93 2.47 0.70 1.13 - 1.00 2.00 3.00 4.00 5.00 6.00 - 10,000 20,000 30,000 40,000 50,000 2019 2020 2021 2022 2023 2024 YTD P e rc e n t T h o u s an d s Special Mention Loans SM Loans/Gross Loans
Slide 17: Substandard Loans
19 Substandard Loans 33,838 36,136 8,540 27,783 20,301 39,647 3.59 3.28 0.82 2.21 1.57 1.76 - 1.00 2.00 3.00 4.00 5.00 6.00 - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 2019 2020 2021 2022 2023 2024 YTD P e rc e n t T h o u s an d s Substandard Loans Sub Loans/Gross Loans
Slide 18: Bancshares
Bancshares
Community West Bancshares — Keefe, Bruyette & Woods Community Bank Investor Conference 2024 on 6ix