Community Bancorp of Santa Maria’s earnings report for the period ending Sept. 30, 2025 has been released by Janet Silveria, bank president/CEO. Community Bancorp of Santa Maria is the single bank holding company of Community Bank of Santa Maria.

Net loans increased 13%, from $253.2 million at Sept. 30, 2024 to $286.3 million at Sept. 30, 2025. Total assets were $414.0 million at Sept. 30, 2025, and $400.4 million as of Sept. 30, 2024, an increase of 3.4%. Total deposits increased 2.2% from $359.7 million at Sept. 30, 2024 to $367.7 million at Sept. 30, 2025.

As of Sept. 30, 2025, year-to-date unaudited net income was $2.961 million ($1.37 per share) versus $2.351 million for the same period last year, representing an increase of 25.9%.

Unaudited net income for the third quarter ending Sept. 30, 2025 was $1.095 million, which is an increase from the second quarter ending June 30, 2025 of $1.055 million and the same quarter-ending last year Sept. 30, 2024 of $819,337.

“Our 13% year to date loan growth has been a key driver of our increased earnings,” Silveria said. “We’re very pleased with the strong performance, which reflects the continued trust of our customers and community.”

The book value per share was $17.18, which is an increase from $15.88 as of June 30, 2025.

Due to strong historical earnings, and ongoing strength in the balance sheet, the company recently announced a stock repurchase program and a cash dividend of $0.30 per share payable on July 8, 2025, Silveria said.