secwatch.observer — SEC 8-K summary
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Issuer:     Community West Bancshares (CWBC)
CIK:        0001127371
Form:       8-K
Filed at:   2024-02-09T23:59:59+00:00
Accession:  0001628280-24-003971
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127371/000162828024003971/0001628280-24-003971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127371/000162828024003971/cvcy-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-003971

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