Community West Bancshares Files 8-K
Ticker: CWBC · Form: 8-K · Filed: Apr 18, 2024 · CIK: 1127371
| Field | Detail |
|---|---|
| Company | Community West Bancshares (CWBC) |
| Form Type | 8-K |
| Filed Date | Apr 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.12 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, results-of-operations, sec-filing
Related Tickers: CVCY
TL;DR
CVCY filed an 8-K on 4/18 detailing financials and other events.
AI Summary
Community West Bancshares filed an 8-K on April 18, 2024, reporting on its results of operations, financial condition, and other events. The filing also includes financial statements and exhibits. The company is incorporated in California and its principal executive offices are located in Fresno, CA.
Why It Matters
This 8-K filing provides an update on the company's financial performance and significant events, which is crucial for investors to assess its current standing and future prospects.
Risk Assessment
Risk Level: low — This is a routine 8-K filing reporting on financial condition and other events, not indicating any immediate or significant risks.
Key Numbers
- 000-31977 — Commission File Number (Identifies the company's filing with the SEC)
- 77-0539125 — IRS Employer Identification Number (Company's tax identification number)
Key Players & Entities
- Community West Bancshares (company) — Registrant
- April 18, 2024 (date) — Date of Report
- Fresno, CA (location) — Principal Executive Offices
- 7100 N. Financial Dr., Ste. 101 (address) — Business Address
FAQ
What specific financial results are being reported in this 8-K?
The filing indicates it reports on 'Results of Operations and Financial Condition' but does not detail the specific results within the provided text.
What 'Other Events' are being reported by Community West Bancshares?
The provided text states 'Other Events' are reported but does not specify what those events are.
When was Community West Bancshares incorporated?
The company is incorporated in California (CA).
What is the ticker symbol for Community West Bancshares?
The ticker symbol is not explicitly stated in the provided text, but the former company name suggests 'CVCY'.
What type of securities are registered pursuant to Section 12(b) of the Act?
Common Stock, no par value, is registered pursuant to Section 12(b) of the Act.
Filing Stats: 606 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2024-04-18 16:08:40
Key Financial Figures
- $0.12 — of Community West Bancshares declared a $0.12 per share cash dividend payable on May
Filing Documents
- cvcy-20240418.htm (8-K) — 26KB
- cvcy32024earningsrelease.htm (EX-99.1) — 543KB
- cwbclogo.jpg (GRAPHIC) — 35KB
- 0001628280-24-016761.txt ( ) — 771KB
- cvcy-20240418.xsd (EX-101.SCH) — 2KB
- cvcy-20240418_lab.xml (EX-101.LAB) — 21KB
- cvcy-20240418_pre.xml (EX-101.PRE) — 12KB
- cvcy-20240418_htm.xml (XML) — 4KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On April 18, 2024 , Community West Bancshares issued a press release containing unaudited financial information and accompanying discussion for the quarter ended March 31, 2024. On April 1, 2024, the Company, formerly named Central Valley Community Bancorp, completed its acquisition of Community West Bancshares and its wholly owned subsidiary, Community West Bank. Effective with the acquisition, the Company assumed the names Community West Bancshares and Community West Bank to reflect its expanded Central California territory. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
01. Other Events
Item 8.01. Other Events On April 17, 2024 the Board of Directors of Community West Bancshares declared a $0.12 per share cash dividend payable on May 17, 2024 to shareholders of record as of May 3, 2024. The information in this Form 8-K filed on April 18, 2024 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (a) Financial statements: None (b) Pro forma financial information: None (c) Shell company transactions: None (d) Exhibits 99.1 Press Release of Central Press Release of Central Valley Community Bancorp dated April 18, 2024 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: April 18, 2024 COMMUNITY WEST BANCSHARES By: /s/ Shannon Livingston Shannon Livingston Executive Vice President and Chief Financial Officer (Principal Accounting Officer)