---
schema_version: "secwatch.filing_event.v1"
accession: "0001127371-23-000051"
form_type: "8-K"
ticker: "CWBC"
cik: "0001127371"
company_name: "Community West Bancshares"
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:13:58.115509+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Central Valley Community Bancorp Q1 2023 net income $6.97M ($0.59 EPS), dividend $0.12 per share

## Summary
- Net income $6.97M vs $6.09M in Q1 2022; diluted EPS $0.59 vs $0.51.
- Declared $0.12 per share cash dividend payable May 19, 2023 to holders of record May 5.
- Total deposits increased 3.62% to $2.18B; non-performing assets zero.
- Net interest margin expanded to 3.81% from 3.19% a year ago.

## SEC filing metadata
- accession: 0001127371-23-000051
- form_type: 8-K
- ticker: CWBC
- cik: 0001127371
- company_name: Community West Bancshares
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127371/000112737123000051/0001127371-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127371/000112737123000051/cvcy-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001127371-23-000051
- JSON: https://secwatch.observer/filing/0001127371-23-000051.json
- Plain text: https://secwatch.observer/filing/0001127371-23-000051.txt

## Key facts
- Earnings Releases
  Community West Bancshares reported the three months ended March 31, 2023 results: net income $6,970,000, EPS $0.59 per diluted common share.
  - Period: the three months ended March 31, 2023
  - Net income: $6,970,000
  - EPS: $0.59 per diluted common share
  - Result: reported results
  source text: The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), reported today unaudited consolidated net income of $6,970,000, and fully diluted earnings per common share of $0.59 for the three months ended March 31, 2023, compared to $6,086,000 and $0.51 per fully diluted common share for the three months ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000112737123000051/0001127371-23-000051-index.htm

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