Pacific West Bank Q2 FY26 net income more than doubles to 450,000; deposits rise 5.5% QoQ to 379.7 million

Reuters2026/07/28 20:01

By:Reuters

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Pacific West Bank posted net income of USD 450,000, more than doubled from the prior quarter, despite USD 222,000 of merger-related expenses.
Total assets climbed 4.1% from the prior quarter to USD 420 million; deposits rose 5.5% to USD 379.7 million.
Net interest income before provision for credit losses slipped 4.3% from the prior quarter to USD 2.92 million, while non-interest income jumped 79% to USD 623,000.
Management highlighted ongoing work toward the merger and integration with 1st Security Bank of Washington, calling this likely the bank’s final earnings release.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific West Bank published the original content used to generate this news brief via PR Newswire (Ref. ID: SF14112) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pacific West Bank Q2 FY26 net income more than doubles to 450,000; deposits rise 5.5% QoQ to 379.7 million

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