secwatch.observer — SEC 8-K summary
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Issuer:     Community West Bancshares (CWBC)
CIK:        0001127371
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0001628280-25-002345
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community West Bancshares Q4 net income $6.9M ($0.36 EPS); NIM expands to 3.95%; declares $0.12 dividend
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- Net income $6.9M ($0.36 diluted EPS) in Q4 2024 vs $5.9M ($0.50) in Q4 2023; EPS decline due to share count increase from merger.
- Net interest margin improved to 3.95% in Q4 from 3.69% in Q3 2024; total cost of deposits fell to 1.49% from 1.69%.
- Gross loans increased $37.1M (6.46% annualized) during Q4; non-interest bearing deposits made up 36% of total average deposits.
- Board declared $0.12 per share cash dividend, payable Feb 21, 2025 to holders of record Feb 7, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127371/000162828025002345/0001628280-25-002345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127371/000162828025002345/cvcy-20250123.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-002345

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