The bank’s performance was driven by a 10% growth in net interest income, which reached $11.06 million for the quarter ending June 30, 2026. CEO Ivo Tjan attributed these results to a resilient, relationship-focused business model and disciplined management of assets and liabilities. The firm successfully grew non-interest-bearing deposits by 17% year-over-year, bolstering its funding base while maintaining a clean balance sheet free of Federal Reserve or Federal Home Loan Bank borrowings.
In section Releases
CW Bancorp Extends Profitability Streak to 66 Quarters
Irvine-based CW Bancorp reported a second-quarter net income of $3.13 million, marking the company’s 66th consecutive quarter of profitability. The parent company of CommerceWest Bank saw its diluted earnings per share climb to $1.06, a 4% increase over the same period last year, despite a shifting economic landscape.
While the bank maintains a conservative stance on credit quality, total assets saw a modest 1% rise to $1.19 billion. The institution’s capital ratios remain robust, with a total risk-based capital ratio of 17.71%, keeping it well above regulatory requirements for a well-capitalized bank. Looking ahead, management intends to continue its focus on operational excellence and prudent capital allocation to navigate ongoing economic volatility.
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