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Community West Bancshares Reports Q2 Net Income of $800,000.

Publication: Business Wire
Publication Date: 15-JUL-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Community West Bancshares Reports Q2 Net Income of $800,000.(Financial report)

Article Excerpt
Book Value Per Common Share Increases to $7.78

GOLETA, Calif. -- Community West Bancshares (Company) (NASDAQ: CWBC), parent company of Community West Bank, today reported net income of $800,000 for the quarter ended June 30, 2009 (2009 Q2), compared to a net loss of $(252,000) for the quarter ended June 30, 2008 (2008 Q2). For the six months ended June 30, 2009, the Company reported a net loss of $(5,929,000) compared to net income of $745,000 for the six months ended June 30, 2008. Net income per diluted share available to common shareholders was $.09 for 2009 Q2 compared to a net loss of $(.04) for 2008 Q2.

Net Interest Income

Net interest income for the comparative quarter ended...

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