Janet Silveria, president/CEO of Community Bancorp of Santa Maria, parent company of Community Bank of Santa Maria, released the company’s earnings report for the period ending June 30, 2026. 

Year-to-date unaudited net income was $2,130,336 ($1.02 per share) as of June 30, 2026. This represents an increase of 14.2% over the $1,865,969 ($0.86 per share) reported as of June 30, 2025.

Unaudited net income for the second-quarter 2026 was $1,099,131 compared to $1,055,183 reported for the second-quarter 2025. 

Net loans were $292.5 million as of June 30, 2026. This represents a 3.4% increase from the $282.8 million reported on June 30, 2025.

Total deposits were $349 million as of June 30, 2026. This represents a 4.5% decrease from the $365.5 million reported on June 30, 2025.

Total assets were $396.7 million as of June 30, 2026. 

The book value per share was $18.67 as of June 30, 2026, which is an increase from the $15.88 reported on 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 $0.32 per share payable on July 8, 2026.

Pursuant to the approved share repurchase plan, the company acquired 1,500 shares of common stock at a weighted average cost of $18.74. The total number of common shares outstanding was 2,110,267 as of June 30, 2026. 

For more, visit www.yourcbsm.com.