---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-028254"
form_type: "8-K/A"
ticker: "CWBC"
cik: "0001127371"
company_name: "Community West Bancshares"
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:14:51.086315+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CWBC completes merger with Community West; pro forma assets $3.53B

## Summary
- Merger closed April 1, 2024; Central Valley issued 7.04M shares at $19.89 for $140M consideration plus options.
- Pro forma total assets $3.53B, loans held for investment net $2.16B, deposits $2.89B.
- Pro forma 2023 net income $28.4M, diluted EPS $1.48, up from stand-alone Central Valley $25.5M ($2.17).
- Goodwill created $42.3M; core deposit intangible $10.0M amortized over 10 years.
- One-time post-merger expenses of $3.0M for change-in-control and severance benefits.

## SEC filing metadata
- accession: 0001628280-24-028254
- form_type: 8-K/A
- ticker: CWBC
- cik: 0001127371
- company_name: Community West Bancshares
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127371/000162828024028254/0001628280-24-028254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127371/000162828024028254/cvcy-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-028254
- JSON: https://secwatch.observer/filing/0001628280-24-028254.json
- Plain text: https://secwatch.observer/filing/0001628280-24-028254.txt

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