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AI brief of an SEC Form 8-K · West Coast Community Bancorp (WCCB)

West Coast Community Bancorp Q3 net income rises 37.7% to $16.7 million

Positive Impact 3 of 5 earnings Written later

West Coast Community Bancorp reported unaudited third-quarter 2026 net income of $16.7 million, up 37.7% from $12.2 million in the second quarter, with diluted EPS of $1.59 versus $1.16. The gain was helped by a $920 thousand tax benefit from renewable energy tax credits and the absence of $1.8 million in accelerated discount accretion recorded in the second quarter. The Board also raised the quarterly dividend to $0.29 per share, a $0.04 increase.

Key points

  • Net income was $16.7 million for Q3 2026, versus $12.2 million in Q2 2026 and $12.1 million in Q3 2025.
  • Diluted EPS was $1.59 for Q3 2026, versus $1.16 in Q2 2026; nine-month diluted EPS was $4.17 versus $3.45 a year earlier.
  • A $920 thousand tax benefit from renewable energy tax credits added about $0.09 to EPS, while the Q2 2026 subordinated debt redemption had reduced EPS by about $0.12.
  • Quarterly dividend of $0.29 per share, up $0.04, payable on or about November 6, 2026, to holders of record as of November 2, 2026.

The filing

CompanyWest Coast Community Bancorp (WCCB)
Form8-K, current report
Filed with the SECOct 27, 2026, 4:06 PM ET
Accession number0002105965-26-000040

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.