Revenue during the quarter grew 5.98 percent to $8.25 million from $7.78 million in the previous year period. Net interest income for the quarter rose 13.67 percent over the prior year period to $7.71 million. Non-interest income for the quarter rose 0.90 percent over the last year period to $0.56 million.

Community West Bancshares has made provision of $0.02 million for loan losses during the quarter, compared with a negative provision of $0.44 million in the same period last year.

Net interest margin improved 26 basis points to 4.81 percent in the quarter from 4.55 percent in the last year period. Efficiency ratio for the quarter deteriorated to 70.59 percent from 68.68 percent in the previous year period. A rise in efficiency ratio suggests a fall in profitability.

"Community Wests third quarter results were fueled by robust loan growth, continued improvements in credit quality and a healthy net interest margin," stated Martin E. Plourd, president and chief executive officer. "Our Central Coast markets continue to grow, with commercial real estate projects generating strong demand for business services in our markets. We are taking advantage of this growth by building our relationships with existing clients, as well as developing new client relationships. We will continue to invest in our future, with the new San Luis Obispo branch scheduled to open later this year and the relocated branch in Santa Maria and the new Oxnard branch scheduled to open in early 2017."

Deposits stood at $590.60 million as on Sep. 30, 2016, up 12.11 percent compared with $526.79 million on Sep. 30, 2015.

Noninterest-bearing deposit liabilities were $88.02 million or 14.90 percent of total deposits on Sep. 30, 2016, compared with $73.07 million or 13.87 percent of total deposits on Sep. 30, 2015.

Investments were almost stable over the past one year at $31.20 million on Sep. 30, 2016. Shareholders equity was at $64.21 million as on Sep. 30, 2016.

Return on average assets moved down 14 basis points to 0.91 percent in the quarter from 1.05 percent in the last year period. At the same time, return on average equity decreased 137 basis points to 9.17 percent in the quarter from 10.54 percent in the last year period.

Tier-1 leverage ratio stood at 10.48 percent for the quarter, down from 10.73 percent for the previous year quarter. Book value per share was $7.93 for the quarter, up 7.74 percent or $0.57 compared to $7.36 for the same period last year.