---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-043165"
form_type: "8-K/A"
ticker: "CWBC"
cik: "0001127371"
company_name: "Community West Bancshares"
filed_at: "2026-06-15T20:06:42+00:00"
generated_at: "2026-06-15T20:16:44.876433+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Community West Bancshares files pro forma financials for USB merger; combined assets $4.98B

## Summary
- Pro forma 2025 net income $54.9M, EPS $2.04 basic; combined assets $4.98B, loans $3.41B, deposits $4.18B.
- Purchase consideration $184.7M: ~7.92M CWB shares issued at $23.30/share, exchange ratio 0.4520.
- Goodwill increased $54.6M to $155.9M; core deposit intangible $26.6M (amortized over ~5 yr life).
- Fair value adjustments applied to loans ($42.1M net discount) and time deposits ($0.4M premium).
- Estimated merger costs $5.2M net of tax; integration planned Q2-Q3 2026.

## SEC filing metadata
- accession: 0001628280-26-043165
- form_type: 8-K/A
- ticker: CWBC
- cik: 0001127371
- company_name: Community West Bancshares
- filed_at: 2026-06-15T20:06:42+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1127371/000162828026043165/0001628280-26-043165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1127371/000162828026043165/cvcy-20260330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-043165
- JSON: https://secwatch.observer/filing/0001628280-26-043165.json
- Plain text: https://secwatch.observer/filing/0001628280-26-043165.txt

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