{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-057501","form_type":"8-K","ticker":"CWBC","cik":"0001127371","company_name":"Community West Bancshares","filed_at":"2025-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.850303+00:00","generated_at":"2026-05-16T12:52:03.600106+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":"Community West Bancshares to acquire United Security Bancshares in all-stock deal valued at $191.9M","bullets":["Exchange ratio: 0.4520 CWBC shares per UBFO share; implied price ~$10.88/share based on CWBC close of $24.06 on Dec 16, 2025.","Combined pro forma assets ~$5B; UBFO shareholders to own ~29.4% of combined entity; CWBC shareholders ~70.6%.","Transaction expected to close in Q2 2026, subject to regulatory and shareholder approvals from both companies.","Two UBFO directors (including Jagroop \"Jay\" Gill) to join CWBC board; Dennis Woods to serve as Chairman Emeritus for two years.","Termination fee of $7.7M payable by UBFO under certain circumstances; voting support agreements executed by directors and officers."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-057501","json":"https://secwatch.observer/filing/0001628280-25-057501.json","markdown":"https://secwatch.observer/filing/0001628280-25-057501.md","text":"https://secwatch.observer/filing/0001628280-25-057501.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1127371/000162828025057501/0001628280-25-057501-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1127371/000162828025057501/cvcy-20251216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:52:03.600106+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}