Core Insights - CW Bancorp, the parent company of CommerceWest Bank, has been recognized by Newsweek as one of America's Best Regional Banks & Credit Unions for 2026, highlighting its commitment to client service, financial strength, and community impact [1][2]. Group 1: Recognition and Evaluation - CommerceWest Bank's inclusion among the top 500 regional institutions is based on a rigorous evaluation process that includes financial benchmarks, customer satisfaction surveys, and analysis of digital reviews [2]. - The recognition reflects the bank's focus on personalized banking solutions and service excellence [2]. Group 2: Leadership and Commitment - The Chairman & CEO of CommerceWest Bank expressed pride in the recognition, attributing it to the bank's commitment to clients, financial stewardship, and innovation culture [3]. - The bank aims to redefine banking for small and middle market businesses in California through customized solutions and a modern digital platform [3]. Group 3: Services Offered - CommerceWest Bank provides a comprehensive suite of services, including treasury management, remote deposit capture, online and mobile banking, lines of credit, working capital and M&A financing, commercial real estate lending, and SBA loans [3]. Group 4: Mission Statement - The mission of CommerceWest Bank is to create a complete banking experience tailored to the specific needs of businesses, ensuring high-quality and low-stress financial services [4].

Core Insights - Potomac Bank has been recognized as a 2025 "Best Banks to Work For" by American Banker, marking its sixth selection in the last seven years [1][5]. Company Overview - Potomac Bank, founded in 1871 and renamed on November 3, 2025, is a wholly owned subsidiary of Potomac Bancshares, Inc. with approximately $962 million in assets as of September 30, 2025 [5]. - The bank operates through its main office and eight branch offices, providing a range of financial services including commercial and residential loans, trust services, and online banking [5]. Employee Satisfaction and Corporate Culture - The "Best Banks to Work For" program, initiated in 2013, evaluates banks based on employee satisfaction, with a focus on engaged leadership, corporate culture, job training, and employee benefits [2][3]. - Potomac Bank emphasizes creating a workplace where employees feel valued, offering initiatives such as employee ownership, paid time off for volunteering, and fostering a fun work environment [4][5]. Recognition and Awards - In addition to the "Best Banks to Work For" recognition, Potomac Bank has received multiple accolades, including being voted "Loudoun's Favorite" in various categories and recognized as a "Top 200 Community Bank" by American Banker in 2023 [5].

Core Viewpoint - Potomac Bank has been recognized as the "best" in four financial services categories in the 2025 Best of the Best Readers' Choice Awards by the Martinsburg Journal-News, marking a significant achievement for the bank and its team [1][2]. Company Overview - Potomac Bank, previously known as Bank of Charles Town since its founding in 1871, adopted its new name on November 3, 2025, to unify its offices across the Potomac River region [1][3]. - The bank operates with approximately $962 million in assets as of September 30, 2025, and has a network of one main office, eight branch offices, and two loan production offices located in West Virginia, Maryland, and Virginia [3]. Services Offered - Potomac Bank provides a range of financial services including commercial lines and term loans, residential and commercial construction loans, commercial real estate loans, agricultural loans, and government contractor loans [3]. - The bank is a Small Business Administration (SBA) Preferred Lender and offers various mortgage products, including secondary market and portfolio mortgage loans, home equity loans, and lines of credit [3]. Awards and Recognition - In addition to the 2025 Best of the Best awards, Potomac Bank was also recognized as a "Loudoun's Favorite" in multiple categories in the 2025 LoudounNow readers' poll [3]. - The bank has been named a "Top 200 Community Bank" by American Banker in 2023 and has received the "Best Bank To Work For" award five times since 2019 [3].

Core Insights - ServisFirst Bancshares, Inc. reported solid profitability across all regions and markets for the third quarter of 2025, with newer offices achieving profitability [3][4] - The company experienced growth in net interest margin and maintained pricing discipline on loans and deposits, contributing to year-over-year earnings growth [3][4] Financial Summary - Net income for Q3 2025 was $65.6 million, a 6.8% increase from Q2 2025 and a 9.5% increase from Q3 2024 [4][7] - Diluted earnings per share were $1.20, up 7.1% from Q2 2025 and 9.1% from Q3 2024 [4][7] - Adjusted net income, net of tax, was $71.4 million, reflecting an 8.0% increase from Q2 2025 and a 19.2% increase from Q3 2024 [4][5] Key Performance Metrics - Return on average assets was 1.47% for Q3 2025, compared to 1.40% in Q2 2025 and 1.43% in Q3 2024 [4][8] - Return on average common stockholders' equity improved to 14.88% in Q3 2025 from 14.56% in Q2 2025 and 15.55% in Q3 2024 [4][8] - The adjusted return on average common stockholders' equity was 16.21% for Q3 2025, up from 15.68% in Q2 2025 [4][8] Asset and Deposit Growth - Total loans increased by $973.7 million, or 7.9%, year-over-year, reaching $13.31 billion [5][10] - Total deposits grew by $960.4 million, or 7.3%, year-over-year, totaling $14.11 billion [5][11] - The company maintained strong liquidity with $1.77 billion in cash and cash equivalents, representing 10.1% of total assets [5] Non-Interest Income and Expenses - Non-interest income decreased by $5.7 million, or 66.9%, to $2.8 million in Q3 2025 compared to Q3 2024, but increased significantly on a linked quarter basis [13] - Non-interest expense rose by $2.4 million, or 5.2%, to $48.0 million in Q3 2025 compared to Q3 2024 [14] Tax and Provision for Credit Losses - Income tax expense increased by $779,000, or 6.2%, to $13.3 million in Q3 2025 compared to Q3 2024 [15] - The provision for credit losses was $9.5 million in Q3 2025, down from $11.4 million in Q2 2025 [4][6]

Financial Data and Key Metrics Changes - The company reported a net income of $14.3 million for the first quarter of 2025, an increase of 17.7% compared to the prior year quarter [13] - Return on average assets and return on average equity were 0.93% and 8.49%, respectively, both up 27% year-over-year [8] - Consolidated equity to assets ratio was 10.85%, up 3% year-over-year, and shareholders' equity increased by 6% year-over-year [9][14] - Net interest income for the first quarter of 2025 was $40.4 million, an increase of $3.8 million or 10.4% compared to the prior year quarter [18] Business Line Data and Key Metrics Changes - Total loans increased by $104.7 million or 2.1% year-over-year, reaching an all-time high of $5.1 billion [15] - Home equity lines of credit increased by $61 million or 17.3%, while residential real estate portfolio grew by $26.2 million [16][24] - Commercial loans increased by $20.7 million or 7.5% over the same period [16][24] - Non-performing loans remained flat at 0.37%, indicating strong asset quality [28] Market Data and Key Metrics Changes - Total deposits ended the quarter at $5.5 billion, up $142 million compared to the prior year quarter [17] - The company noted strong customer confidence in its competitive deposit offerings, particularly in time deposits [17] Company Strategy and Development Direction - The company is focused on relationship banking and solid financial practices to navigate a complex economic environment [18] - A stock repurchase program of up to 1 million shares was announced, representing approximately 5% of current outstanding shares, aimed at enhancing shareholder value [15] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the local economy, particularly in the Capital District and Central Florida, which are described as stable and strong [35][36] - The company anticipates that a lower interest rate environment may provide opportunities to manage deposit costs more effectively [19] Other Important Information - The Wealth Management division had approximately $1.1 billion of assets under management, with non-interest income from this segment increasing by 16.7% [20] - Total non-interest expense was $26.3 million, up $1.4 million from the prior year quarter, primarily due to higher salary and employee benefits [22] Q&A Session Summary Question: Is the strong local economy referenced in the press release specific to the Capital region or all markets? - Management indicated that the Capital District has a stable economy with less volatility, and Central Florida remains strong as well [35][36] Question: What are the trends in residential home prices? - Management noted that home prices are stable but not increasing, with no significant drops expected [38] Question: What changed regarding the share repurchase plan compared to last year? - Management explained that the larger 5% repurchase plan reflects a more favorable tone towards share repurchases this year, with an intent to fully execute [40] Question: What target capital ratio is the company contemplating? - Management did not specify a target capital ratio but indicated that there is room for additional repurchases while maintaining a strong capital position [42]