Community West Bancshares reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total interest income of $6,765,000 compared to $7,464,000 a year ago. Net interest income was $5,807,000 compared to $6,188,000 a year ago. Income before provision for income taxes was $324,000 compared to $2,332,000 a year ago. Net income applicable to common stockholders was $2,883,000, or $0.34 per diluted share compared to $2,069,000 or $0.26 per diluted share a year ago. Return on average common equity was 25.27% compared to 25.52% a year ago. Return on average assets was 2.33% compared to 1.71% a year ago.

For the full year, the company reported total interest income of $27,866,000 compared to $31,368,000 a year ago. Net interest income was $23,534,000 compared to $25,419,000 a year ago. Income before provision for income taxes was $6,174,000 compared to $3,173,000 a year ago. Net income applicable to common stockholders was $7,947,000, or $0.98 per diluted share compared to $2,127,000 or $0.31 per diluted share a year ago. Book value per common share was $6.60 compared to $6.29 a year ago. Return on average common equity was 20.50% compared to 8.85% a year ago. Return on average assets was 1.69% compared to 0.55% a year ago.

The company reported that the net charge-offs were $345,000 in the fourth quarter of 2013, compared to net loan recoveries of $761,000 in third quarter of 2013 and net loan recoveries of $304,000 in fourth quarter of 2012.