Community West Bancshares · NASDAQ:CWBC

Community West Bancshares — Central Valley Community Bancorp — Piper Sandler Western Financial Services Conference 2022

19 slides from Community West Bancshares's conference presentation, Mar 4, 2022

  1. Slide 1: Investor Presentation - Piper Sandler Western Financial Services Conference

    Investor Presentation Piper Sandler Western Financial Services Conference March 7-8, 2022 James Kim Pres. & CEO Dave Kinross EVP CFO

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements 2 Certain matters discussed in this report constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained herein that are not historical facts, such as statements regarding the Company’s current bu

  3. Slide 3: Experienced Management Team

    Experienced Management Team 3 Executive Position Years at CVCY Years of Experience James J. Kim President & CEO 4 21 David A. Kinross EVP, Chief Financial Officer 15 31 Patrick A. Luis EVP, Chief Credit Officer 1 36 Blaine Lauhon EVP, Chief Banking Officer 4 34 Ken Ramos EVP, Market Executive – Sout

  4. Slide 4: Overview

    Overview 4 NASDAQ Symbol CVCY Market Capitalization $248 Million Institutional Ownership 48% Insider Ownership 13% Total Assets $2.45 Billion Headquarters Fresno, CA Number of Branches 20 Year Established 1980 Strategic Footprint Bakersfield to Sacramento 20 Branches in 9 Contiguous Counties As of D

  5. Slide 5: Financial Highlights

    Financial Highlights 5 2021 2020 2019 Total Assets $2.45 Billion $2.00 Billion $1.60 Billion Net Income $28.40 Million $20.35 Million $21.44 Million Diluted EPS $2.32 $1.62 $1.59 Net Interest Margin 3.54% 3.87% 4.51% ROAA 1.25% 1.11% 1.36% ROAE 11.50% 8.85% 9.39% Cash Dividends per share $0.47 $0.44

  6. Slide 6: Attractive Investment Opportunity

    Attractive Investment Opportunity 6 As of Dec. 31, 2021 Source: NASDAQ Monthly Closing Price Data 0 5 10 15 20 25 1/1/2015 1/1/2016 1/1/2017 1/1/2018 1/1/2019 1/1/2020 1/1/2021 1/1/2022 Pr ic e CVCY Stock Price Dividend Payout Ratio - 21.0% Dividend Yield - 2.09%

  7. Slide 7: Growing Franchise

    Growing Franchise 7 1,321,007 1,491,696 1,577,410 1,574,089 1,832,987 2,267,615 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 2016 2017 2018 2019 2020 2021 Th ou sa nd s Average Total Assets

  8. Slide 8: Strong Net Income and NIM

    Strong Net Income and NIM 8 15,182 14,026 21,289 21,443 20,347 28,401 4.06 4.40 4.44 4.51 3.87 3.54 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00 0 5,000 10,000 15,000 20,000 25,000 30,000 2016 2017 2018 2019 2020 2021 Pe rc en t Th ou sa nd s Net Income Net Interest Margin

  9. Slide 9: Solid Earnings

    Solid Earnings 9 1.15 0.94 1.35 1.36 1.11 1.25 9.84 7.69 10.07 9.39 8.85 11.50 - 2.00 4.00 6.00 8.00 10.00 12.00 14.00 - 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.60 2016 2017 2018 2019 2020 2021 RO AE P er ce nt RO AA P er ce nt ROAA / ROAE ROAA ROAE

  10. Slide 10: Steady Deposit Growth and Lowest Cost of Funds

    Steady Deposit Growth and Lowest Cost of Funds 10 1,144,231 1,284,305 1,333,754 1,295,780 1,568,194 1,984,440 0.09 0.08 0.09 0.15 0.09 0.05 0.00 0.02 0.04 0.06 0.08 0.10 0.12 0.14 0.16 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 2016 2017 2018 2019 2020 2021 Pe rc en t Th ou sa nd s Average To

  11. Slide 11: Attractive Deposit Mix

    Attractive Deposit Mix 11 Non-Interest Bearing 46% Now/Savings 26% Money Market 24% TCDs 4% As of Dec. 31, 2021 Total Deposits = $2.12 Billion

  12. Slide 12: Loan Totals and Yield

    Loan Totals and Yield 12 644,282 790,504 908,419 928,560 1,053,450 1,069,578 5.29 5.51 5.50 5.54 4.94 5.07 4.60 4.70 4.80 4.90 5.00 5.10 5.20 5.30 5.40 5.50 5.60 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2016 2017 2018 2019 2020 2021 Pe rc en t Th ou sa nd s Average Total Loans Total Loa

  13. Slide 13: Well Diversified Loan Portfolio

    Well Diversified Loan Portfolio 13 Commercial & Industrial, 13% Agriculture Production & Land, 13% Owner Occupied Real Estate, 20% R/E Construction & Land, 6% Commercial Real Estate, 36% Other Real Estate, 3% Equity Loans and Lines, 5% Consumer & Installment, 4% As of Dec. 31, 2021 Excludes Deferred

  14. Slide 14: Agricultural Loan Commitments

    Agricultural Loan Commitments 14 Almonds 27% Table Grapes 2% Open Land 10% Walnuts 3% Wine Grapes 2% Other 14% Row Crops 2% Tomatoes 9% Raisins 4% Cherries 2% Cotton 3% Tree Fruit 10% Pistachios 7% Citrus 5% As of Dec. 31, 2021 Total Ag Line Committments $177.0 Million

  15. Slide 15: Non Performing Assets

    Non Performing Assets 15 2,542 2,945 2,740 1,693 3,278 946 1.23 0.97 0.99 0.97 1.17 0.92 - 0.20 0.40 0.60 0.80 1.00 1.20 1.40 0 500 1,000 1,500 2,000 2,500 3,000 3,500 2016 2017 2018 2019 2020 2021 Pe rc en t Th ou sa nd s Non Performing Assets ALLL/Loans

  16. Slide 16: Special Mention Loans

    Special Mention Loans 16 29,911 21,908 26,254 28,183 36,406 40,845 3.95 2.43 2.86 2.99 3.30 3.93 - 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 2016 2017 2018 2019 2020 2021 Pe rc en t Th ou sa nd s Special Mention Loans SM Loans/Gross

  17. Slide 17: Substandard Loans

    Substandard Loans 17 49,464 49,998 28,394 33,838 36,136 8,540 6.54 5.55 3.09 3.59 3.28 0.82 - 1.00 2.00 3.00 4.00 5.00 6.00 7.00 - 10,000 20,000 30,000 40,000 50,000 60,000 2016 2017 2018 2019 2020 2021 Pe rc en t Th ou sa nd s Substandard Loans Sub Loans/Gross Loans

  18. Slide 18: Conservative Investment Portfolio

    Conservative Investment Portfolio 18 US Government Agencies 0%US Treasury Securities 1% Private Label Mortgage & Asset Backed 25% Municipal Securities 42% Agency CMO, MBS & Other Securities 17% Fed Funds Sold 8% Corporate Debt 5% Equity Mutual Funds 1% As of Dec. 31, 2021 Total = $1.12 Billion Yield

  19. Slide 19: Investing in Relationships

    19 Investing in Relationships

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