---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-003971"
form_type: "8-K"
ticker: "CWBC"
cik: "0001127371"
company_name: "Community West Bancshares"
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T04:42:34.751893+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Central Valley and Community West shareholders approve merger; close expected April 1, 2024

## Summary
- Central Valley vote: 8,696,800 for, 2,502 against (99.97% approval); Community West also approved.
- All required regulatory approvals received; closing expected April 1, 2024, subject to customary conditions.
- Combined company will have ~$3.6 billion in total assets and 27 banking centers in Central California.
- Post-merger, holding company will be named Community West Bancshares; bank will be Community West Bank.
- Operational systems conversion expected to be completed in Q3 2024.

## SEC filing metadata
- accession: 0001628280-24-003971
- form_type: 8-K
- ticker: CWBC
- cik: 0001127371
- company_name: Community West Bancshares
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127371/000162828024003971/0001628280-24-003971-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127371/000162828024003971/cvcy-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-003971
- JSON: https://secwatch.observer/filing/0001628280-24-003971.json
- Plain text: https://secwatch.observer/filing/0001628280-24-003971.txt

## Key facts
- Shareholder Votes
  Community West Bancshares shareholders approved Grant of Discretionary Authority to Adjourn Meeting at the 2024-02-08 meeting.
  - Outcome: passed
  - Meeting: 2024-02-08
  source text: Proposal No. 2. Grant of Discretionary Authority to Adjourn Meeting . To consider and vote upon a proposal to grant discretionary authority to adjourn the Special Meeting if necessary or appropriate in the judgment of our board of directors to solicit additional proxies or votes to approve the principal terms of the Merger Agreement and the transactions contemplated thereby, including the Merger and the Central Valley share issuance. For Against Abstain 8,399,498 282,762 35,027
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000162828024003971/0001628280-24-003971-index.htm
- Shareholder Votes
  Community West Bancshares shareholders approved Approval of Merger Agreement at the 2024-02-08 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2024-02-08
  source text: Proposal No. 1. Approval of Merger Agreement . To approve the principal terms of the Merger Agreement and the transactions contemplated by the Merger Agreement, including the merger of Community West with and into Central Valley, and the issuance of Central Valley common stock to the Community West shareholders in connection with the Merger (the “Central Valley share issuance”), as described in the Joint Proxy Statement/Prospectus. For Against Abstain 8,696,800 2,502 17,985
  evidence_url: https://www.sec.gov/Archives/edgar/data/1127371/000162828024003971/0001628280-24-003971-index.htm

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