Janet Silveria, president/CEO of Community Bancorp of Santa Maria, parent company of Community Bank of Santa Maria, has released the company’s earnings report for the period ending Dec. 31, 2025.
Year-to-date unaudited net income increased 22.9% from $3.323 million at Dec. 31, 2024, to $4.083 million at Dec. 31, 2025.
Unaudited net Income for the quarter ended Dec. 31, 2025 totaled $1.122 million compared to $972,000 for the quarter ended Dec. 31, 2024 and $1.095 million for the quarter ended Sept. 30, 2025.
Basic earnings per share rose from $1.51 in 2024 to $1.88 in 2025. Book value per share climbed from $14.85 at Dec. 31, 2024 to $18.02 on Dec. 31, 2025.
Net loans were higher by 12.7%, from $253.2 million at Dec. 31, 2024, to $285.2 million at Dec. 31, 2025.
Total deposits increased 4.9%, from $366.0 million at Dec. 31, 2024, to $384.1 million at Dec. 31, 2025. Total assets were up 5.8% from $405.6 million at Dec. 31, 2024, to $429.0 million at Dec. 31, 2025.
“We are pleased with the bank’s strong earnings performance in 2025,” Silveria said. “We achieved robust growth in loans and deposits while maintaining excellent credit quality, positioning us well for continued success as we partner with our community and provide long-term value for our shareholders.”
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