secwatch.observer — SEC 8-K summary
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Issuer:     Community West Bancshares (CWBC)
CIK:        0001127371
Form:       8-K
Filed at:   2026-07-23T20:04:47+00:00
Accession:  0001628280-26-049383
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community West Bancshares Q2 net income falls to $2.7M from $7.8M YoY; merger costs weigh
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- Net income of $2.695M ($0.10 diluted EPS) vs $7.832M ($0.41) in Q2 2025; includes $7.5M merger expenses and $5.9M securities loss.
- Provision for credit losses surged to $5.635M from $90K in prior quarter, driven by larger balance sheet and peer group update.
- Completed merger with United Security Bancshares on April 1, 2026; total assets surpassed $5B.
- Net interest margin (FTE) improved to 4.56% from 4.30% in Q1 2026; cost of deposits fell to 1.31%.
- Declared $0.12 per share cash dividend, payable Aug 21, 2026 to holders of record Aug 7, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127371/000162828026049383/0001628280-26-049383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127371/000162828026049383/cvcy-20260723.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-049383

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