CalWest Bancorp Reports Unaudited Consolidated Earnings Results for the Quarter and Full Year Ended December 31, 2014
For the year, the company reported interest income of $4,602,000 against $4,446,000 a year ago. Net interest income was $3,937,000 against $3,743,000 a year ago. Income before income taxes was $371,000 against $231,000 a year ago. Net income was $369,000 against $231,000 a year ago. Basic earnings per share were $0.15 against $0.09 a year ago. Return on average assets was 0.26% against 0.16% a year ago. Return on average shareholders equity was 9.94% against 7.04% a year ago.