West Coast Community Bancorp · NASDAQ:WCCB
West Coast Community Bancorp — Investor Presentation (January 2026)
41 slides from West Coast Community Bancorp's investor presentation, January 2026
Slide 1: Investor Presentation January 2026
I N V E S TO R P R E S E N TAT I O N January 2026
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 (the “Bank”), solely for informational purposes based on its own information as well as information from
Slide 3: West Coast Community Bank
WEST COAST COMMUNITY BANK Largest community bank headquartered in California’s Central Coast region; founded in Santa Cruz in 2004 223 full-time equivalent employees as of December 31, 2025 $2.9 billion in assets as of December 31, 2025 West Coast Community Bancorp was established as the Bank's hold
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
AT T R A C T I V E M A R K E T S # of Deposit Market Population Median Household County ** Branches Share* 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, 2
Slide 6: Financial Highlights
FINANCIAL HIGHLIGHTS WEST COAST COMMUNITY BANCORP
Slide 7: Q4 2025 Consolidated Financial Results
Q4 2025 C O N S O L I D AT E D F I N A N C I A L R E S U LT S Strong Earnings Balance Sheet Strength Consistent Profitability Healthy Credit Quality Metrics $2.884 Billion $34.4 Million 1.88% / 1.98%(1) 0.50% Total Assets Q4 Net Interest Income Q4 ROAA / Q4 Non-GAAP Nonperforming Adjusted ROAA asset
Slide 8: Solid Liquidity Position
SOLID LIQUIDITY POSITION ($ in 000s) As of December 31, September 30, December 31, 2025 2025 2024 Cash and due from banks $ 190,782 $ 143,504 $ 84,758 Unencumbered AFS securities 267,150 326,183 302,386 Total on-balance-sheet liquidity 457,932 469,687 387,144 Line of credit from the Federal Home Loa
Slide 9: Investment Portfolio Composition
I N V E S T M E N T P O RT F O L I O COMPOSITION As of December 31, 2025 ▪ 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 inv
Slide 10: Attractive Deposit Mix
AT T R A C T I V E D E P O S I T M I X As of December 31, 2025 Top 10 deposit relationships (excluding government agency deposits that are fully collateralized) represent approximately 12% of total deposits. Growth opportunities include: ▪ Expanded Central Coast presence ▪ Silicon Valley/Bay Area ▪
Slide 11: 2025 YTD New Deposit Relationship Growth
2025 YTD NEW DEPOSIT R E L AT I O N S H I P G R O W T H 1,018 Accounts Opened $131.6 THOUSAND Average Balance per Account $134.0 MILLION in New Deposits Deposits held by clients who opened their first account with Bank in 2025; balances as of 12/31/2025. 11
Slide 12: Deposit Characteristics
DEPOSIT CHARACTERISTICS ($ in 000s) Insured deposits 48% 47% 48% 50% 51% include fully $1,108,726 $1,062,831 $1,077,508 $1,220,840 $1,258,627 collateralized balances. IntraFi reciprocal 52% 53% 52%$1,182, 50% 49% deposit network $1,201,757 $1,193,418 549 $1,215,257 $1,218,426 products maximize depos
Slide 13: Strong Deposit Franchise
STRONG DEPOSIT FRANCHISE Granular Deposit Account Composition ($ in 000s) As of December 31, 2025 Total Personal Deposits $ 813,138 Number of Accounts 14,785 Average Balance Per Account $ 55 Total Business Deposits $ 1,663,914 Number of Accounts 8,911 Average Balance Per Account $ 187 13
Slide 14: Disciplined Credit Culture
D ISC IP L I N E D C R E D I T C U LT U R E Nonperforming Loans Including Deferred Loan Fees and Costs* ($000) 2021 2022 2023 2024 2025 Nonaccrual Loans Commercial & Industrial $ 163 $ 1,243 $ - $ - Land & Construction - 990 - - 10,000 Commercial Real Estate - - 6,526 504 - SBA, B&I, and FSA 157 120
Slide 15: Loans by Type
LOA N S B Y T Y P E ($ in millions) SBA 7a, B&I and FSA $180 8% Consumer and Other $2.172 Billion in Total $39 2% Outstanding Loans* as of December 31, 2025 Q4 2025 tax equivalent loan yield of 7.04%, down 17 bps from 7.21% in Q3 2025. Commercial & Industrial Lower loan yields are attributed, in par
Slide 16: Real Estate Loan Detail
R E A L E S TAT E LOA N D E TA IL ($ in millions) $1.35 Billion in Total Real Estate Loans* as of December 31, 2025 1-4 SFR $66 Bay Area** Farmland 5% $58 $32 2% 4% Retail $157 12% Hotel $238 Other CRE, OO Santa Cruz Monterey 18% $233 County County 17% $496 $416 36% 31% Multifamily Other CRE, NOO $2
Slide 17: Organic Loan Growth and Pricing
OR G AN IC L O A N G R O W T H A N D P R I C I N G ($ 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 acq
Slide 18: Fixed vs. Variable Rate Loans and Repricing Timeline
F I X E D V S . VA R I A B L E R AT E L O A N S AND REPRICING TIMELINE ($ in millions) Interest Rate Structure as of December 31, 2025 Adjustable Rate Reprice Timeline Gross of deferred expenses and fees, and purchase discount. (1)Of the loans at their floor rate, 86% will remain at the floor for mo
Slide 19: Fixed vs. Variable Rate Loans and Loan Floor Rates
F I X E D V S . VA R I A B L E R AT E L O A N S A N D L O A N F L O O R R AT E S ($ in millions) Interest Rate Structure as of December 31, 2025 Interest Rate of Loans at the Floor Gross of deferred expenses and fees, and purchase discount. 19
Slide 20: Upcoming CRE Interest Rate Repricing
U P C O M I N G C R E I N T E R E S T R AT E R E P R I C I N G ($ in millions) Scheduled Interest Rate Repricing Through December 2027 Non-Owner-Occupied CRE with a Senior Lien, Non-SBA; Data as of December 31,2025 Total Loans to Reprice $190.54M % of Total NOO CRE Weighted Avg. 18.20% DSCR After Re
Slide 21: Non-Owner-Occupied CRE Loans: Collateral Value Stress Test
NON-OWNER-OCCUPIED CRE LOANS ($ in millions) Stress Test: 25% Decline in Real Estate Collateral Value Non-Owner-Occupied CRE, Non-SBA as of December 31,2025 Office Retail Stressed WALTV Stressed WALTV 57.04% 55.09% Hotel Stressed WALTV Stressed LTV *$10.9 million bridge loan secured by a hotel; actu
Slide 22: Non-Owner-Occupied CRE Loans: NOI Stress Test
NON-OWNER-OCCUPIED CRE LOANS ($ in millions) Stress Test: 15% Decline in Net Operating Income Non-Owner-Occupied CRE, Non-SBA Loans as of December 31,2025 Hotel Retail Stressed DSCR Stressed DSCR 1.92 1.69 Loans that have a stressed Office DSCR less than 1:1 have a Stressed DSCR Stressed DSCR weight
Slide 23: Changes in the Credit Reserve
C H A N G E S I N T H E C R E D I T R E S E RV E ($ in 000s) 23
Slide 24: 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 $20.8 million and $30.6 million at December 31, 2025, and December 31, 2024, respectively. Denotes acquisition through bank me
Slide 25: Strong Profitability
S T R O N G P R O F I TA B I L I T Y ($ in millions) Net Income $12.0 $13.1 $12.8 $14.5 1.87% 1.78% 0.57% (1) (1)Non-GAAP measure excludes one-time merger expenses, as well as loss on sale of investment securities and accelerated accretion on discount of partially redeemed subordinated debt. See Non
Slide 26: High Margin Drives Profitability
H I G H M A R G I N D R I V E S P R O F I TA B I L I T Y ($ 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
Slide 27: Disciplined Expense Management Enhances Profitability
DISCIPLINED EXPENSE MANAGEMENT E N H A N C E S P R O F I TA B I L I T Y ($ in millions) Noninterest Expense (1)Non-GAAP measure excludes one-time merger expenses, as well as loss on sale of investment securities. See Non-GAAP Reconciliation for reconciliation to GAAP financial measures in the Append
Slide 28: Relationship-Based Pricing Drives NIM and Loan Yields
R E L AT I O N S H I P - B A S E D P R I C I N G 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 *Effective January 1, 2024, dividends from non-marketable from acquired loans equi
Slide 29: Disciplined Pricing Drives Low Cost of Funds
DISCIPLINED PRICING DRIVES LOW COST OF FUNDS 5-Year Cost of Funds Trend Compared to Peers 1.46% 1.32% (1)Non-GAAP measure excludes accelerated accretion on Peers include all publicly listed banks headquartered in California discount of partially redeemed subordinated debt. See Non-GAAP with total as
Slide 30: Robust Capital Position
R O B U S T C A P I TA L P O S I T I O N E V E N P O S T- M E R G E R & P O S T S TO C K REPURCHASE IN 2025 TCE Ratio Tier 1 Ratio Total Capital Ratio Leverage Ratio 30
Slide 31: Tangible Book Value per Share Continues Upward Trend
TA N G I B L E B O O K VA L U E P E R S H A R E C O N T I N U E S U P WA R D T R E N D $(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 31
Slide 32: Diluted Earnings per Share Continues Upward Trend
DILUTED EARNINGS PER SHARE C O N T I N U E S U P WA R D T R E N D 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 purc
Slide 33: Shareholder-Focused
SHAREHOLDER-FOCUSED Superior Price Performance Quarterly Cash Dividend Paid Relative Price Performance % through January 20, 2026. 33
Slide 34: Community Reinvestment
COMMUNITY REINVESTMENT More than 3,500 Hours of Community Service in 2025 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, CASA of Santa Cruz County Menlo College chambers and c
Slide 35: Rankings and Recognition: National
RANKINGS AND RECOGNITION National NEWSWEEK MAGAZINE S&P GLOBAL MARKET INTELLIGENCE Named one of the 2026 Top 500 Regional Banks & Ranked #62 among top U.S. community banks under Credit Unions in the U.S. $3B in assets for full-year 2024 financial performance. TIME MAGAZINE INDEPENDENT COMMUNITY BANK
Slide 36: Rankings and Recognition: Local
RANKINGS AND RECOGNITION Local GOOD TIMES READERS' POLL "BEST SILICON VALLEY BUSINESS JOURNAL Ranked #11 among Top 20 largest Silicon Valley banks OF SANTA CRUZ COUNTY" Voted Best Local Bank for the 13th consecutive year. by deposits as of June 30, 2025. THE PAJARONIAN “2025 BEST OF SILICON VALLEY B
Slide 37: Rankings and Recognition: Local Continued
RANKINGS AND RECOGNITION Local Continued SANTA CRUZ AREA CHAMBER SANTA CRUZ SENTINEL 2025 READERS' OF COMMERCE CHOICE AWARD 2025 Business of the Year. Voted #1 Bank in Santa Cruz County for 11 years. California THE FINDLEY REPORTS INC. Super Premier Performing Bank for 16 consecutive years. 37
Slide 38: Appendices
APPENDICES WEST COAST COMMUNITY BANCORP
Slide 39: Highlights
HIGHLIGHTS Capacity to Grow Profitability ▪ Consistent growth via organic expansion and strategic ▪ Profitability metrics are best mergers amongst peers ▪ Robust capital levels ▪ Disciplined expense ▪ Attractive markets management Featured Business Lines Clear Vision ▪ SBA lending expertise ▪ New pr
Slide 40: Non-GAAP Reconciliation
N O N - G A A P R E C O N C I L I AT I O N 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
Slide 41: Non-GAAP Reconciliation (continued)
N O N - G A A P R E C O N C I L I AT I O N (continued) Dollars in thousands, except per share amounts Q4 2025 Dollars in thousands, except per share amounts Q4 2025 QTD Net Income $ 13,772 QTD Net interest income reported per GAAP $ 34,444 Add: net loss on sale of investments — Add: accelerated accr
West Coast Community Bancorp — Investor Presentation (January 2026) on 6ix