---
schema_version: "secwatch.filing_event.v1"
accession: "0001127371-21-000135"
form_type: "8-K"
ticker: "CWBC"
cik: "0001127371"
company_name: "Community West Bancshares"
filed_at: "2021-09-10T23:59:59+00:00"
generated_at: "2026-06-29T04:26:33.797489+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Central Valley Community Bancorp names James J. Kim as President & CEO; Ford to retire

## Summary
- James J. Kim appointed President & CEO of company and bank effective Nov 1, 2021.
- Base salary $425,000; incentive bonus target 50% of base; restricted stock grants up to 25% of base per year, vesting over 5 years.
- Ford resigns from board Nov 1 but will consult through April 1, 2022; no disagreements.
- Bank nearly doubled assets to over $2.3B as of June 30, 2021; tangible book value per share grew from $8.10 to $15.93.
- Kim has 21+ years community banking experience; previously COO, CFO; will also join the board.

## SEC filing metadata
- accession: 0001127371-21-000135
- form_type: 8-K
- ticker: CWBC
- cik: 0001127371
- company_name: Community West Bancshares
- filed_at: 2021-09-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127371/000112737121000135/0001127371-21-000135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127371/000112737121000135/cvcy-20210907.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001127371-21-000135
- JSON: https://secwatch.observer/filing/0001127371-21-000135.json
- Plain text: https://secwatch.observer/filing/0001127371-21-000135.txt

## Key facts
- Executive change
  James M. Ford resigned as Director at Community West Bancshares.
  - Action: resigned
  - Role: Director
  source text: Mr. Ford has tendered his resignation from the Company’s board of directors effective November 1, 2021 in connection with the CEO transition.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000112737121000135/0001127371-21-000135-index.htm
- Executive change
  James J. Kim was appointed as President and Chief Executive Officer at Community West Bancshares.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On September 7, 2021, Central Valley Community Bancorp (Company), the parent company of Central Valley Community Bank (Bank) issued a press release announcing the appointment of James J. Kim, age 45, as President and Chief Executive Officer of the Company and the Bank effective November 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000112737121000135/0001127371-21-000135-index.htm
- Executive change
  James J. Kim was appointed as Director at Community West Bancshares.
  - Action: appointed
  - Role: Director
  source text: The Company’s board also agreed to appoint Mr. Kim as a director on the boards of the Company and the Bank effective November 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000112737121000135/0001127371-21-000135-index.htm
- Executive change
  James M. Ford retired as Chief Executive Officer at Community West Bancshares.
  - Action: retired
  - Role: Chief Executive Officer
  source text: James M. Ford who previously notified the Board in March 2021 of his intention to retire from the Company and Bank following the transition to new leadership.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000112737121000135/0001127371-21-000135-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.