Community West Bancshares Files 8-K

Ticker: CWBC · Form: 8-K · Filed: Jan 23, 2025 · CIK: 1127371

Community West Bancshares 8-K Filing Summary
FieldDetail
CompanyCommunity West Bancshares (CWBC)
Form Type8-K
Filed DateJan 23, 2025
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.12
Sentimentneutral

Sentiment: neutral

Topics: financial-condition, operations, sec-filing

Related Tickers: CVBC

TL;DR

CVBC filed an 8-K on Jan 23, 2025, with financial updates.

AI Summary

Community West Bancshares filed an 8-K on January 23, 2025, reporting on its financial condition and other events. The filing includes information about its results of operations and financial statements. The company, formerly Central Valley Community Bancorp, is incorporated in California and headquartered in Fresno.

Why It Matters

This 8-K filing provides crucial updates on Community West Bancshares' financial performance and operational events, which can influence investor decisions.

Risk Assessment

Risk Level: low — This filing is a routine 8-K reporting on financial condition and operations, not indicating immediate significant risk.

Key Numbers

  • 000-31977 — SEC 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
  • Central Valley Community Bancorp (company) — Former company name
  • NASDAQ (company) — Exchange where common stock is traded

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose is to report on the "Results of Operations and Financial Condition" and "Other Events" of Community West Bancshares as of January 23, 2025.

When was this 8-K filed?

This 8-K was filed on January 23, 2025.

What is the trading symbol for Community West Bancshares' common stock?

The trading symbol for Community West Bancshares' common stock is CWBC.

On which exchange is Community West Bancshares' common stock traded?

Community West Bancshares' common stock is traded on the NASDAQ.

What was the former name of Community West Bancshares?

The former name of Community West Bancshares was Central Valley Community Bancorp.

Filing Stats: 586 words · 2 min read · ~2 pages · Grade level 13 · Accepted 2025-01-23 16:02:17

Key Financial Figures

  • $0.12 — of Community West Bancshares declared a $0.12 per share cash dividend payable on Feb

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition On January 23, 2025 , Community West Bancshares issued a press release containing unaudited financial information and accompanying discussion for the quarter ended December 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 January 22, 2025 the Board of Directors of Community West Bancshares declared a $0.12 per share cash dividend payable on February 21, 2025 to shareholders of record as of February 7, 2025.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Press Release of Community West Bancshares dated January 23, 2025 The information in this Form 8-K filed on January 23, 2025 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. 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: January 23, 2025 COMMUNITY WEST BANCSHARES By: /s/ Shannon Livingston Shannon Livingston Executive Vice President and Chief Financial Officer (Principal Accounting Officer)

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