{"schema_version":"secwatch.filing_event.v1","accession":"0001137547-25-000130","form_type":"8-K","ticker":null,"cik":"0001137547","company_name":"UNITED SECURITY BANCSHARES","filed_at":"2025-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.871483+00:00","generated_at":"2026-05-16T12:52:12.705048+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"United Security Bancshares agrees to merge with Community West in all-stock deal valued at $191.9M","bullets":["All-stock merger: UBFO shareholders receive 0.4520 CWBC shares/share; deal valued at ~$191.9M based on CWBC close of $24.06 on Dec 16.","Combined company to have ~$5B total assets; UBFO shareholders will own ~29.4%, CWBC ~70.6%.","Transaction expected to close Q2 2026, subject to regulatory and shareholder approvals.","Two UBFO directors (Jagroop Gill plus one other) to join CWBC board; Dennis Woods to serve as Chairman Emeritus for two years.","Both boards unanimously approved; Piper Sandler advised UBFO, Janney Montgomery Scott advised CWBC."],"urls":{"canonical":"https://secwatch.observer/filing/0001137547-25-000130","json":"https://secwatch.observer/filing/0001137547-25-000130.json","markdown":"https://secwatch.observer/filing/0001137547-25-000130.md","text":"https://secwatch.observer/filing/0001137547-25-000130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1137547/000113754725000130/0001137547-25-000130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1137547/000113754725000130/ubfo-20251216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:52:12.705048+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"85f230ead3fe970ab53210609d6edd525908aa18","claim":"UNITED SECURITY BANCSHARES entered into Agreement and Plan of Merger (the “Merger Agreement”) with Community West Bancshares valued at implied total deal value is approximately $193.1 million (effective 2025-12-16).","evidence_excerpt":"On December 16, 2025, United Security Bancshares, a California corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Community West Bancshares, a California corporation (“CWBC”), pursuant to which the Company will merge with and into CWBC, with CWBC as the surviving corporation (the “Merger”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137547/000113754725000130/0001137547-25-000130-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Community West Bancshares"},{"label":"Value","value":"implied total deal value is approximately $193.1 million"},{"label":"Effective","value":"2025-12-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}