West Coast Community Bancorp Announces Election Results

Strategic Insights -

West Coast Community Bancorp, the parent company of West Coast Community Bank, has announced the results of its annual election of directors. The meeting saw a high level of voter participation, with 7,866,036 shares represented, constituting 74.41% of the 10,571,208 issued and outstanding shares entitled to vote. The election was uncontested, with all 10 nominees for director being elected with overwhelming majorities.

Key Takeaways:

  • 7,866,036 shares were represented at the meeting, accounting for 74.41% of the 10,571,208 issued and outstanding shares entitled to vote.
  • All 10 nominees for director were elected, with the number voting "For" each director constituting at least 86.34% of the total number of shares represented.
  • Crowe LLP was appointed as the Bank's independent registered public accounting firm for 2025, with 7,854,429 shares voting "For", constituting 99.85% of the total number of shares represented and voting at the meeting.

Statistics:

  • 74.41% of issued and outstanding shares entitled to vote were represented at the meeting (7,866,036 / 10,571,208).
  • 86.34% of the total number of shares represented voted "For" each of the 10 nominated directors.
  • 99.85% of the total number of shares represented and voting at the meeting voted "For" the appointment of Crowe LLP as the Bank's independent registered public accounting firm for 2025 (7,854,429 / 7,866,036).

Sources:

  • West Coast Community Bancorp, "West Coast Community Bancorp Announces Election Results" (PRNewswire, June 13, 2025).
  • West Coast Community Bancorp, Folder: About Us, www.westcoastcu.com (accessed June 13, 2025).