---
schema_version: "secwatch.filing_event.v1"
accession: "0001127371-23-000022"
form_type: "8-K"
ticker: "CWBC"
cik: "0001127371"
company_name: "Community West Bancshares"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T07:51:31.023952+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Central Valley Community Bancorp Q4 EPS $0.65; full-year EPS $2.27 down 6.18%; declares $0.12 dividend

## Summary
- Full-year 2022 net income $26.645M ($2.27 diluted EPS) versus $28.401M ($2.31) in 2021, a 6.18% decline.
- Q4 2022 net income $7.633M ($0.65) versus $6.384M ($0.55) in Q3 2022 and $6.838M ($0.57) in Q4 2021.
- Net interest margin improved to 3.80% in Q4 from 3.39% a year ago; cost of deposits rose to 0.09%.
- Non-performing assets zero; net loan charge-offs only $18,000 in Q4; allowance for credit losses at 0.86% of loans.
- Shareholders' equity fell 29.53% due to $88.9M unrealized loss on investment securities; $0.12 dividend declared.

## SEC filing metadata
- accession: 0001127371-23-000022
- form_type: 8-K
- ticker: CWBC
- cik: 0001127371
- company_name: Community West Bancshares
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127371/000112737123000022/0001127371-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127371/000112737123000022/cvcy-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001127371-23-000022
- JSON: https://secwatch.observer/filing/0001127371-23-000022.json
- Plain text: https://secwatch.observer/filing/0001127371-23-000022.txt

## Key facts
- Earnings Releases
  Community West Bancshares reported the quarter ended December 31, 2022 results: net income $7,633,000, EPS $0.65 per diluted common share.
  - Period: the quarter ended December 31, 2022
  - Net income: $7,633,000
  - EPS: $0.65 per diluted common share
  - Result: reported results
  source text: For the quarter ended December 31, 2022, the Company reported unaudited consolidated net income of $7,633,000 and earnings per diluted common share of $0.65
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000112737123000022/0001127371-23-000022-index.htm
- Earnings Releases
  Community West Bancshares reported the year ended December 31, 2022 results: net income $26,645,000, EPS fully diluted earnings per common share of $2.27.
  - Period: the year ended December 31, 2022
  - Net income: $26,645,000
  - EPS: fully diluted earnings per common share of $2.27
  - Result: reported results
  source text: unaudited consolidated net income of $26,645,000, and fully diluted earnings per common share of $2.27 for the year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000112737123000022/0001127371-23-000022-index.htm

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