FRESNO, CALIFORNIA...October 16, 2025...The Board of Directors of Community West Bancshares (“Company”) (NASDAQ: CWBC), the parent company of Community West Bank (“Bank”), reported today unaudited consolidated net income of $10,873,000, and diluted earnings per share of $0.57 for the three months ended September 30, 2025, compared to net income of $3,385,000 and $0.18 per diluted common share for the three months ended September 30, 2024. The Company declared a $0.12 per common share cash dividend, payable on November 14, 2025 to shareholders of record as of October 31, 2025.

“The Company’s solid third-quarter results reflect the strength of our team and the trust of the clients and communities we serve across Central California,” said James J. Kim, CEO of the Company. “Our mission-driven approach as a committed community bank partner has defined us for more than 45 years. Even as the broader economy evolves – with slower growth and ongoing policy uncertainty – our focus remains steadfast. We continue to lead with discipline, maintaining credit quality, deposit stability and prudent liquidity management, and we remain optimistic about what lies ahead.”

•Net income during the third quarter ended September 30, 2025 increased to $10.87 million, or $0.57 per diluted common share, compared to net income of $7.83 million and $0.41, respectively, in the second quarter of 2025.

•The Company recorded a provision for credit losses of $667,000 during the quarter ended September 30, 2025, as compared to a provision for credit losses of $2.61 million during the trailing quarter. The current quarter provision is attributed to a provision for loan losses totaling $793,000, partially offset by a credit to the reserve for unfunded commitments of $64,000 and a credit to the reserve for held-to-maturity securities of $62,000.

•Gross loans increased by $51.8 million or 2.16% for the quarter ended September 30, 2025 compared to the quarter ended June 30, 2025 and increased $116.9 million or 5.01% year-to-date.

•Total deposits increased by $81.0 million or 2.70% compared to the quarter ended June 30, 2025 and $165.2 million or 5.67% year-to-date.

•Total cost of deposits decreased to 1.39% for the quarter ended September 30, 2025 compared to 1.43% and 1.49% for the quarters ended June 30, 2025 and December 31, 2024, respectively.

•Average non-interest bearing demand deposit accounts as a percentage of total average deposits totaled 35.79% and 34.48% for the quarters ended September 30, 2025 and June 30, 2025, respectively.

•Net interest margin increased to 4.20% for the quarter ended September 30, 2025, from 4.10% and 3.95% for the quarters ended June 30, 2025 and December 31, 2024, respectively.

•Capital positions remained strong at September 30, 2025 with a 9.53% Tier 1 Leverage Ratio; a 11.60% Common Equity Tier 1 Ratio; a 11.78% Tier 1 Risk-Based Capital Ratio; and a 14.07% Total Risk-Based Capital Ratio.

“We are excited to report one of the strongest quarters in recent years, highlighted by six consecutive quarters of increasing net interest margin and record income growth for the Company,” said Shannon Livingston, Executive Vice President and Chief Financial Officer. “These results reflect the synergies, discipline and exceptional service culture that define the Company. Our strong balance sheet and financial performance position the Company to deliver meaningful, long-term value for our shareholders.”

In this press release, Community West Bancshares’ financial results are presented in accordance with GAAP and refer to certain non-GAAP financial measures. Management believes that presentation of operating results using non-GAAP financial measures provides useful supplemental information to investors and facilitates the analysis of the Company’s core operating results and comparison of operating results across reporting periods. Management also uses non-GAAP financial measures to establish budgets and manage the Company’s business. A reconciliation of the GAAP financial measures to comparable non-GAAP financial measures is presented below.

For the quarter ended September 30, 2025, the Company reported unaudited consolidated net income of $10,873,000 and diluted earnings per common share of $0.57, compared to consolidated net income of $7,832,000 and $0.41 per fully diluted share for the trailing quarter, and consolidated net income of $3,385,000 and $0.18 per diluted share for the same period in 2024. The Company's earnings during the quarter benefited from an increase in net interest income before provision for credit losses, a lower provision for credit losses and an increase in non-interest income, as compared to the prior quarter.

Annualized return on average equity (ROAE) for the quarter ended September 30, 2025 was 11.25%, compared to 3.84% for the same period of 2024. Annualized return on average assets (ROAA) was 1.21% for the quarter ended September 30, 2025 compared to 0.38% for the same period in 2024.

The effective yield on average investment securities, including interest earning deposits in other banks and Federal funds sold, was 2.96% for the quarter ended September 30, 2025, compared to 3.24% for the quarter ended September 30, 2024 and 2.95% for the quarter ended June 30, 2025.

Total average loans increased by $137,110,000 to $2,417,155,000 for the quarter ended September 30, 2025, from $2,280,045,000 for the quarter ended September 30, 2024 and increased by $46,830,000 from $2,370,325,000 for the quarter ended June 30, 2025. The year over year increase was due to organic loan growth throughout the Company’s expanded footprint. The effective yield on average loans was 6.65% for the quarter ended September 30, 2025, compared to 6.53% and 6.71% for the quarters ended September 30, 2024 and June 30, 2025, respectively.

The Company’s net interest margin (fully tax equivalent basis) was 4.20% for the quarter ended September 30, 2025, compared to 3.69% for the quarter ended September 30, 2024 and 4.10% for the quarter ended June 30, 2025. Net interest income, before provision for credit losses, increased by $4,730,000 or 15.65%, to $34,944,000 for the third quarter of 2025, compared to $30,214,000 for the same period in 2024. In addition to the increase in average loans due to organic loan growth, the Company's yield on interest earning assets has increased from 5.52% for the quarter ended September 30, 2024 to 5.62% for the quarter ended September 30, 2025. Additionally, the Company benefited from a decrease in the costs on interest-bearing liabilities, in which the cost of total deposits decreased to 1.39% from 1.69% when comparing the quarters ended September 30, 2025 and 2024. The decrease in the cost of deposits is primarily attributed to rate decreases in the money market and time deposit portfolios from both acquired deposits from the April 2024 merger with Community West Bancshares and the Company’s existing base. Net interest margin during the three months ended September 30, 2025 and 2024 and June 30, 2025 benefited by approximately 28 basis points ($2,327,772), 18 basis points ($1,490,744), and 25 basis points ($2,090,467), respectively, from the net accretion of fair value marks.

The increase in total non-interest income for the quarter ended September 30, 2025 as compared to the trailing quarter was primarily driven by a net gain on proceeds from death benefits of $198,000 and income from CRA investments of $273,000, as compared to $0 and $41,000 in the prior quarter, respectively.

Increases in non-interest income as compared to the prior year-to-date period are attributed to the reduction in realized losses on sales and calls of investment securities. Realized losses on sales and calls of investment securities decreased to $41,000 for the nine months ended September 30, 2025 compared to a loss of $4,199,000 for the nine months ended September 30, 2024. The increase in non interest income was partially offset by lower interchange fees, loan placement fees, and other income year-to-date through September 30, 2025.

During the third quarter of 2025, total non-interest expense decreased $129,000 as compared to the trailing quarter. The decrease was driven primarily by decreases in professional services, data processing expense, and information technology. The increase in salary and employee benefits was due to increased accruals for incentive compensation based on year-to-date Company performance. Professional services decreased due to lower legal fees and lower estimates for audit fees.

The decrease in non-interest expenses as compared to the prior year-to-date period was due to the reduction in non-recurring merger expenses, data processing expense, and professional services, partially offset by an increase in salary and employee benefits, occupancy and equipment, and information technology.

Total assets for the period ended September 30, 2025 increased $90,493,000 or 2.57%, compared to the period ended December 31, 2024. Total average assets for the quarter ended September 30, 2025 were $3,595,359,000 compared to $3,541,444,000 for the quarter ended September 30, 2024 and $3,553,327,000 for the quarter ended June 30, 2025, an increase of $53,915,000 or 1.52% and an increase of $42,032,000 or 1.18%, respectively.

For the quarter ended September 30, 2025, the Company’s average gross investment securities decreased by $76,608,000, or 8.56%, compared to the quarter ended September 30, 2024, and decreased by $11,172,000, or 1.35%, compared to the quarter ended June 30, 2025. This decrease compared to the prior year was the result of sales, calls and maturities of available-for-sale (AFS) securities and held-to-maturity (HTM) securities.

In comparing the quarter ended September 30, 2025 to the quarters ended September 30, 2024 and June 30, 2025, total average gross loans increased $137,110,000 or 6.01%, and increased by $46,830,000 or 1.98%, respectively.

Total average deposits increased $135,348,000 or 4.61%, to $3,070,299,000 for the quarter ended September 30, 2025, compared to $2,934,951,000 for the quarter ended September 30, 2024, and increased $107,467,000, or 3.63%, compared to $2,962,832,000 for the quarter ended June 30, 2025. The Company’s ratio of average non-interest bearing deposits to total deposits was 35.79% for the quarter ended September 30, 2025, compared to 37.16% and 34.48% for the quarters ended September 30, 2024 and June 30, 2025, respectively.

The Company has significant liquidity, both on and off-balance sheet, to meet customer demand. During the year-to-date period, the Company’s cash and cash equivalents increased $1,160,000 to $121,558,000 compared to $120,398,000 at December 31, 2024. The Company had $20,000,000 in short-term borrowings at September 30, 2025 compared to $133,442,000 at December 31, 2024.

During the third quarter of 2025, the Company recorded net loan recoveries of $75,000 compared to $162,000 for the same period in 2024. The net recovery ratio reflects annualized net recoveries to average loans of 0.01% for the quarter ended September 30, 2025, compared to annualized net recoveries of 0.03% for the quarter ended September 30, 2024. During the quarter ended September 30, 2025, the Company recorded a $793,000 provision for loan losses, compared to a $212,000 credit for loan losses for the quarter ended September 30, 2024. In addition to the provision for credit losses on loans for the quarter ended September 30, 2025, the Company recorded a credit to the provision for credit losses on held-to-maturity securities of $62,000 as compared to a credit to the provision of $219,000 in the prior year quarter. The Company recorded a credit to the provision for unfunded loan commitments totaling $64,000 for the quarter ended September 30, 2025 compared to a credit to the provision of $87,000 in the prior year quarter.

Loan Risk Rating (In thousands)						September 30, 2025						% of Total						June 30, 2025						% of Total						September 30, 2024						% of Total
Pass						$	2,359,148					96.3		%				$	2,320,608					96.7		%				$	2,228,707					97.0		%
Special mention						24,925						1.0		%				19,706						0.8		%				28,799						1.3		%
Substandard						67,069						2.7		%				59,073						2.5		%				39,637						1.7		%
Doubtful						—												—												—
Total						$	2,451,142					100.0		%				$	2,399,387					100.0		%				$	2,297,143					100.0		%

At September 30, 2025, the allowance for credit losses for loans was $29,590,000, compared to $25,803,000 at December 31, 2024, a net increase of $3,787,000 reflecting a provision for loan losses of $3,601,000 and net recoveries during the period. The allowance for credit losses as a percentage of total loans was 1.21% as of September 30, 2025 compared to 1.11% at December 31, 2024. The Company believes the allowance for credit losses is adequate to provide for expected credit losses within the loan portfolio at September 30, 2025.

On October 15, 2025, the Board of Directors of the Company declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on November 14, 2025 to shareholders of record as of October 31, 2025. The Company continues to be well capitalized and expects to maintain adequate capital levels.

Community West Bancshares (“Company”) (NASDAQ: CWBC) and its wholly owned subsidiary, Community West Bank (“Bank”), are headquartered in Fresno, California. The Company was established in 1979 with the vision to help businesses and communities by exceeding expectations at every opportunity, and opened its first Banking Center on January 10, 1980. Today, the Bank operates full-service Banking Centers throughout Central California and maintains a variety of departments supporting Commercial Lending, Agribusiness, SBA, Residential Construction and Mortgage, Manufactured Housing, Private Banking and Cash Management.

Members of the Company and Bank Board of Directors are: Daniel J. Doyle (Chairman), Robert H. Bartlein (Vice Chairman), James J. Kim (CEO of the Company and President and CEO of the Bank), Martin E. Plourd (President of the Company), Suzanne M. Chadwick, Daniel N. Cunningham, Tom L. Dobyns, F.T. “Tommy” Elliott IV, Robert J. Flautt, James W. Lokey, Andriana D. Majarian, Steven D. McDonald, Dorothea D. Silva, William S. Smittcamp and Kirk B. Stovesand. Louis C. McMurray is Director Emeritus.

More information about Community West Bancshares and Community West Bank can be found at www.communitywestbank.com. Also, follow the Company on LinkedIn, X and Facebook.

###

Forward-looking Statements- Certain matters set forth herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including forward-looking statements relating to the Company’s current business plans and expectations regarding future operating results. Forward-looking statements may include, but are not limited to, the use of forward-looking language, such as “likely result in,” “expects,” “anticipates,” “estimates,” “forecasts,” “projects,” “intends to,” or may include other similar words or phrases, such as “believes,” “plans,” “trend,” “objective,” “continues,” “remains,” or similar expressions, or future or conditional verbs, such as “will,” “would,” “should,” “could,” “may,” “might,” “can,” or similar verbs. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from those projected. These risks and uncertainties, some of which are beyond our control, include, but are not limited to: current and future business, economic and market conditions in the United States generally or in the communities we serve, including the effects of declines in property values and overall slowdowns in economic growth should these events occur; inflationary pressures and changes in the interest rate environment that reduce our margins and yields, the fair value of financial instruments or our level of loan originations, or increase the level of defaults, losses and prepayments on loans we have made and make, whether held in the portfolio or in the secondary market; effects of and changes in trade, monetary and fiscal policies and laws, including the interest rate policies of the Federal Open Market Committee of the Federal Reserve Board; geopolitical and domestic political developments including the imposition of tariffs, that can increase levels of political and economic unpredictability, contribute to rising energy and commodity prices, and increase the volatility of financial markets; changes in the level of nonperforming assets and charge offs and other credit quality measures, and their impact on the adequacy of our allowance for credit losses and our provision for credit losses; factors that can impact the performance of our loan portfolio, including real estate values and liquidity in our primary market areas, the financial health of our commercial borrowers, and the success of construction projects that we finance; our ability to achieve loan growth and attract deposits in our market area, the impact of the cost of deposits and our ability to retain deposits; liquidity issues, including fluctuations in the fair value and liquidity of the securities we hold for sale and our ability to raise additional capital, if necessary; continued or increasing competition from other financial institutions, credit unions, and non-bank financial services companies; challenges arising from attempts to expand into new geographic markets, products, or services; restraints on the ability of Community West Bank to pay dividends to us, which could limit our liquidity; increased capital requirements imposed by banking regulators, which may require us to raise capital at a time when capital is not available on favorable terms or at all; inaccuracies in our assumptions about future events, which could result in material differences between our financial projections and actual financial performance; changes in our management personnel or our inability to retain, motivate and hire qualified management personnel; disruptions, security breaches, or other adverse events, failures or interruptions in, or attacks on, our information technology systems; disruptions, security breaches, or other adverse events affecting the third-party vendors who perform critical processing functions; an inability to keep pace with the rate of technological advances due to a lack of resources to invest in new technologies; natural disasters, such as earthquakes, wildfires, drought, pandemic diseases (such as the coronavirus) or extreme weather events, any of which may affect services we use or affect our customers, employees or third parties with which we conduct business; compliance with governmental and regulatory requirements, relating to banking, consumer protection, securities and tax matters; and our ability to the manage the foregoing.

The foregoing factors should not be construed as exhaustive and should be read together with the other cautionary statements included in this report. Because of these risks and other uncertainties, our actual future results, performance or achievement, or industry results, may be materially different from the results indicated by the forward looking statements in this report. In addition, our past results of operations are not necessarily indicative of our future results. You should not rely on any forward looking statements, which represent our beliefs, assumptions and estimates only as of the dates on which they were made, as predictions of future events. Any forward-looking statement speaks only as of the date on which it is made, and we do not undertake any obligation to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

(1) Non-GAAP measure. See reconciliation of GAAP and Non-GAAP Financial Measures.

(2) Net Interest Margin is computed by dividing annualized quarterly net interest income by quarterly average interest-bearing assets.

(3) Computed by annualizing quarterly net income.

(1)    Calculated on a fully tax equivalent basis, which includes Federal tax benefits relating to income earned on municipal bonds totaling $338, $347, and $365 at September 30, 2025, June 30, 2025, and September 30, 2024, respectively.

(2)    Loan interest income includes net loan (costs) fees of $(44), $217, and $(294) at September 30, 2025, June 30, 2025, and September 30, 2024, respectively.

(3)    Average loans do not include non-accrual loans but do include interest income recovered from previously charged off loans.

(4)    Net interest margin is computed by dividing net interest income by total average interest-earning assets.

(1)    Calculated on a fully tax equivalent basis, which includes Federal tax benefits relating to income earned on municipal bonds totaling $1,034 and $1,107 at September 30, 2025 and September 30, 2024, respectively.

(2)    Loan interest income includes net loan fees (costs) of $272 and $(505) at September 30, 2025 and September 30, 2024, respectively.

(3)    Average loans do not include non-accrual loans but do include interest income recovered from previously charged off loans.

(4)    Net interest margin is computed by dividing net interest income by total average interest-earning assets.

Shannon Livingston                    Debbie Nalchajian-Cohen