Community Bank of Santa Maria Reports Q1 Earnings Boost

Net income up 27.2% year-over-year as loans and deposits remain strong.

Apr. 6, 2026 at 9:30am

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The Community Bank of Santa Maria announced its first quarter 2026 financial results, reporting net income of $1.1 million, a 27.2% increase from the same period last year. The bank also saw a 13.2% year-over-year rise in net loans to $294.1 million, though total deposits decreased 1.2% to $356.3 million.

Why it matters

The earnings report indicates the Community Bank of Santa Maria is continuing to grow its business and maintain the trust of its customers in the Santa Barbara region. As a locally-focused community bank, its performance is an important barometer of the broader economic health of the area.

The details

The bank's president and CEO, Janet Silveria, attributed the strong quarterly results to the 'trust our customers place in us and the strength of the community we serve.' The bank was also recognized as a 'Super Premier Performing' institution by Findley in 2025 and received a 'Five Star' rating from Bauer Financial.

  • The earnings report was released on April 2, 2026.
  • The bank's net income and loan growth figures are for the first quarter of 2026, compared to the same period in 2025.

The players

Community Bank of Santa Maria

A community bank serving the Santa Barbara, California region.

Janet Silveria

President and CEO of Community Bancorp of Santa Maria.

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What they’re saying

“We're pleased to report continued high net income and loan growth this quarter, a clear sign of the trust our customers place in us and the strength of the community we serve.”

— Janet Silveria, President and CEO, Community Bancorp of Santa Maria

“The Bank was recognized as a Findley 'Super Premier Performing' bank in 2025 and once again received a 'Five Star' rating from Bauer Financial. We look forward to building on that momentum throughout 2026.”

— Janet Silveria, President and CEO, Community Bancorp of Santa Maria

The takeaway

The strong quarterly results from the Community Bank of Santa Maria demonstrate the continued resilience and growth of this locally-focused financial institution, which has maintained the trust of its customers and earned recognition for its performance even as the broader economic landscape has shifted.