secwatch.observer — SEC 8-K summary
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Issuer:     Community West Bancshares (CWBC)
CIK:        0001127371
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001127371-23-000022
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127371/000112737123000022/0001127371-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127371/000112737123000022/cvcy-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001127371-23-000022

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