SANTA CRUZ, Calif., May 6, 2025 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp"; OTCQX: SCZC), the parent company of West Coast Community Bank, today announced its Board of Directors recently approved a new share repurchase program. Under the share repurchase program, Bancorp is authorized to repurchase up to $10 million of common stock in the open market or through privately negotiated transactions, as market conditions warrant, but does not obligate Bancorp to repurchase any specified number of shares. 

SANTA CRUZ, Calif., April 22, 2025 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp", OTCQX: SCZC), the parent company of West Coast Community Bank, formerly known as Santa Cruz County Bank (the "Bank"), today announced unaudited quarterly earnings of $11.7 million, or $1.10 per dilutive share, for the quarter ended March 31, 2025, compared to $3.8 million, or $0.36 per dilutive share, for the prior quarter and $9.3 million, or $1.10 per dilutive share, for the quarter ended March 31, 2024. Excluding after-tax charges related to the merger with 1st Capital Bancorp of $357 thousand and $10.2 million for the quarters ended March 31, 2025, and December 31, 2024, respectively, adjusted net income (non-GAAP1) would have been $12.0 million and $14.0 million for each of those quarters, respectively.

SANTA CRUZ, Calif., Feb. 13, 2025 /PRNewswire/ -- Santa Cruz County Bank (SCCB), including its division 1st Capital Bank, announces it has been named one of America's Best Regional Banks 2025 by Newsweek and Plant-A Insights Group. SCCB is a top-rated community bank headquartered in Santa Cruz, Calif. with assets of $2.68 billion.

Newsweek and Plant-A Insights Group recognized the top 500 regional banks and credit unions in the United States by conducting a large-scale study based on the analysis of more than 9,000 institutions, more than 70,000 customer surveys and millions of social media reviews. Only banks and credit unions that ranked in the top 50th percentile of scorers within their respective headquarter states were included in the list of ranked institutions. For more on the rankings and methodology, visit America's Best Regional Banks and Credit Unions 2025 - Newsweek Rankings.

SANTA CRUZ, Calif., Jan. 28, 2025 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp", OTCQX: SCZC), the parent company of Santa Cruz County Bank including its 1st Capital Bank division (combined, the "Bank"), announced unaudited earnings for the year ended December 31, 2024, of $29.6 million, compared to $35.2 million in 2023. Excluding after-tax charges related to the merger with 1st Capital Bancorp of $10.9 million, adjusted net income (non-GAAP)1 would have been $40.5 million for the year ended December 31, 2024. Unaudited earnings for the quarter ended December 31, 2024, were $3.8 million, compared to $8.2 million in the prior quarter, and $8.8 million in the quarter ended December 31, 2023. Adjusted net income (non-GAAP)1 for the quarter ended December 31, 2024, excluding merger-related post-tax charges of $10.2 million, would have been $14.0 million.

SANTA CRUZ, Calif., Jan. 23, 2025 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), a top-rated community bank headquartered in Santa Cruz County, is pleased to announce that Emily Ruvalcaba has joined as Senior Vice President and Regional President for the Silicon Valley region. Ms. Ruvalcaba's primary focus will be expanding the Bank's presence throughout the Bay Area and providing personalized financial solutions to businesses of all sizes. She maintains her office at the Bank's 19240 Stevens Creek Boulevard, Cupertino, Ca. location.

SANTA CRUZ, Calif., Nov. 26, 2024 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), a top-rated community bank headquartered in Santa Cruz County, is pleased to announce that Alison Voorhees has joined as Senior Vice President and Director of Marketing. Ms. Voorhees is responsible for all aspects of marketing and maintains her office at the Bank's 75 River St., Santa Cruz, Ca. location.

SANTA CRUZ, Calif., Nov. 14, 2024 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC) today announced the planned retirement of Mary Anne Carson, Executive Vice President and Chief Marketing Officer. Ms. Carson will continue to serve in her current role with the Bank through January 3, 2025, to support a successful transition to her successor and to finalize the current merger systems integration.

Board Declares Increase in Quarterly Cash Dividend

SANTA CRUZ, Calif., Oct. 22, 2024 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp", OTCQX: SCZC), the parent company of Santa Cruz County Bank (the "Bank"), announced unaudited earnings for the third quarter ended September 30, 2024. Net income for the quarter was $8.2 million, compared to $8.2 million in the prior quarter and $9.1 million in the quarter ended September 30, 2023. Year-to-date earnings for the nine-month period ended September 30, 2024 were $25.7 million, compared to $26.3 million for the same period in 2023. The decrease from prior year primarily reflects pre-tax merger related expenses totaling $772 thousand year-to-date in 2024.

Kurt J. Gollnick and Daniel R. Hightower, M.D. Join as Directors

SANTA CRUZ, Calif., Oct. 1, 2024 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp" OTCQX: SCZC), parent company for Santa Cruz County Bank ("Bank"), and 1st Capital Bancorp, parent company for 1st Capital Bank, today announced the successful completion of their previously announced merger. On October 1, 2024, 1st Capital Bancorp merged with and into Bancorp and 1st Capital Bank merged with and into Bank.

SANTA CRUZ, Calif., Sept. 24, 2024 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp", OTCQX: SCZC), the holding company for Santa Cruz County Bank headquartered in Santa Cruz, California, and 1st Capital Bancorp ("1CAP", OTCQX: FISB), parent company of 1st Capital Bank headquartered in Salinas, California jointly announced today that shareholders of both companies overwhelmingly approved the merger of 1st Capital Bancorp with and into West Coast Community Bancorp, with Bancorp as the resulting company and 1st Capital Bank with and into Santa Cruz County Bank, at separate special meetings held on September 18th and September 19th, respectively.